Listed by NAI Realvest - Orlando
$12,000,000
204 SR 436
Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 85,560
NOI $452,000
Price per SqFt $140
Acreage 7.560
Retail Investment Opportunity
Investment highlights
- Great opportunity to acquire large footprint retail store in high traffic location at $140/SF
- Located on extremely busy SR 436 (Semoran Blvd) and only seconds from SR 436 and US Hwy 17-92 intersection
- Currently occupied by Old Time Pottery and offers a Year 2 (2024) NOI - $452,000 | Current lease ends 12/27
- Upon expiration, investor can lease out at current market rate and receive a high cash on cash return
- Old Time Pottery recently restructured and is focusing on its best performing stores
- Potential redevelopment opportunity in great location
- 200 feet of frontage on busy SR 436 (Semoran Blvd) with 54,000 AADT
- Adjacent to Oxford Square, a 58,444 SF shopping center
- Additional development opportunity - retail outparcel for restaurant, convenience store, etc.
Listing Contacts
Listed by NAI Realvest - Orlando
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$452,000.00
$37,666.67/mo
Valuation Metrics
0
DSCR
3.77%
Cap Rate
3.77%
ROI
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