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27265978
27265979

101 S Eola Dr - Unit 104, Orlando, FL 32801

KE
FL FL 3315857
eXp Commercial
JC
FL 3212380
eXp Realty
Listed by eXp Commercial, eXp Realty
$1,455,000
248 days on market
Updated 87 days ago

101 Eola Drive - C104 - Alora Day Spa Thornton Park

Details
Property Type Retail
Sub Type Storefront
Square Footage 2,695
Net Rentable (SqFt) 2,695
Cap Rate 8.18%
NOI $119,052
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 09/30/2026
Remaining Term 1
Lease Options 5-year option
Price per SqFt $540
Year Built 2008
Year Renovated 2022
Buildings 1
Stories 1
Zoning PD-T
Parking Spaces 5.33 per 1,000 sq ft
Investment Type Stabilized
Lease Commencement 09/01/2016
Occupancy Date 09/01/2016
Ownership Fee Simple

Long Term Tenant with 10 yrs+ Lease

Marketing description

Corner retail unit, currently leased by Allora, a wellness day spa, that has multiple location, this being their downtown location.

https://alloradayspa.com

This unit is being offered along with 4 other units which represent the entire retail ground floor 101 Eola Condo Tower.

  • 2,695 SF fully built out for a wellness day spa, Allora.

  • High pedestrian traffic driven by 146 luxury condo residences above and surrounding multifamily density

  • Modern construction with high ceilings, upgraded finishes, and direct street access

  • Onsite parking available 2nd floor garage, deeded parking spaces!!

  • Located within steps of Lake Eola Park, Publix, Starbucks, and numerous restaurants and fitness studios

  • Zoned AC-3A/T (Downtown Metropolitan Activity Center) — permitting a wide range of commercial uses

This unit is being offered along with 4 other units which represent the entire retail ground floor 101 Eola Condo Tower.

Investment highlights

Being offered separately or together in a portfolio of five units representing the entire retail ground floor 101 Eola Condo Tower. The portfolio also includes the entire second floor parking spaces of the tower which brings in $100k+ annually.

Purchase money or seller financing could be available.

  • High pedestrian traffic driven by 146 luxury condo residences above and surrounding multifamily density

  • Modern construction with high ceilings, upgraded finishes, and direct street access

  • Onsite parking available 2nd floor garage, deeded parking spaces!!

  • Located within steps of Lake Eola Park, Publix, Starbucks, and numerous restaurants and fitness studios

  • Zoned AC-3A/T (Downtown Metropolitan Activity Center) — permitting a wide range of commercial uses

Listing Contacts

KE
FL FL 3315857
eXp Commercial
JC
FL 3212380
eXp Realty
Listed by eXp Commercial, eXp Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,052.00
$9,921.00/mo

Valuation Metrics

0
DSCR
8.18%
Cap Rate
8.18%
ROI

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Additional Information

Name
Kevin Eaton
License
FL 3315857
Brokerage
EXP Commercial
Brokerage Phone
407-706-3579
Title
Broker
Brokerage Address
236 S Lucerne Circle E
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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