Listed by NAI Realvest - Orlando
$878,000
13466 Landstar Blvd Units 102 & 103
Details
APN 25-24-29-4801-00-102; 25-24-29-4801-00-103
Property Type Retail
Sub Type Grocery Store, Restaurant
Square Footage 3,300
Units 1
Cap Rate 6.00%
Tenancy Single
Price per SqFt $266
Zoning P-D
Retail Investment Property
Marketing description
This stabilized retail investment features a 3,304± SF business condo fully leased to an established food operator with long-term lease security. Located in the Landstar Business Center, the property benefits from recent renovations, strong traffic counts, excellent exposure, and proximity to major roadways in Southeast Orlando.
Investment highlights
- 3,304± SF retail/business condo (Units 102 & 103)
- Fully leased to Nella’s Bakery, Restaurant & Market
- 6.0% cap rate (year 5 of main lease term through December 2031 with two 5-year options); goes to 6.4% cap rate in January 2027
- Recently renovated building (within last 2 years)
- Strong visibility on Landstar Blvd with ±27,500 AADT
- Monument signage available
- Ample parking
- Surrounded by national and daily-needs users (Mavis Tires, Dunkin’, Extra Space Storage)
- Convenient access to Florida’s Turnpike & SR 417
Listing Contacts
Listed by NAI Realvest - Orlando
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