6.7% Cap Investment Opportunity Major Orlando Corridor
Rare Owner/User Opportunity on red hot Mills Ave
Marketing description
PRICE REDUCED $2,699,000 (6.7% cap rate on in-place NOI)
Cash flowing retail investment in the heart of Red Hot Mills/50
Anchored by popular craft cocktail bar Death in the Afternoon since 2021
Two exciting new tenants bring total rent roll to $15,000/month ($180,000 annual NOI)
Block building is 4,800 SF total, split into 3x 1,600SF bays
All spaces have been renovated in the last 5 years
Unrivalled walkability on one of Orlando’s most desirable retail corridors
Six private parking spaces behind the building plus ample street parking
City of Orlando offers many grant opportunities for façade improvements
Parking lot at 1000 N Mills now available for purchase! Open unlimited possibilities with a dedicated parking lot 340’ from 926 N Mills – Call Broker for more info
Investment highlights
PRICE REDUCED $2,699,000 (6.7% cap rate on in-place NOI)
Cash flowing retail investment in the heart of Red Hot Mills/50
Anchored by popular craft cocktail bar Death in the Afternoon since 2021
Two exciting new tenants bring total rent roll to $15,000/month ($180,000 annual NOI)
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