5047 W COLONIAL DRIVE, Orlando, FL, 32808
1956
2,785 sqft
This property has been recently renovated with brand new HVAC, Roof, Hurricane-Proof Windows, Insulation, Plumbing, Asphalt and Concrete, and interior design (new floors, acoustic tile ceiling, bathrooms, doors, and new 1000 sqft storage area) in the beginning of 2023. Modern Awnings are expected to be installed still this year (2023) at current owner's investment. This modern construction with block outer walls and impeccable design could be the recession resistant investment you’re looking for, currently leased to a well established Car Dealership in Orlando area that’s been operating for 7+ years. This parcel offers excellent signage, 135ft of frontage and amazing exposure from W Colonial Dr for more than 40,000 cars per day. The 2,785 sqft renovated office/retail building sits on an almost half acre lot, allowing for plenty of parking space, possible additions, or product display. Investors’ special! Current lease at $9,000.00 / month NNN, which averages 6% cap rate at current listing price. Please review brochures and disclosures for extra information. Rates and information are from sources we deem reliable and is subject to change without notice according to change in price and conditions. Any and all information contained in the description is being provided without any representation or warranty, express or implied, as to the accuracy or completeness of the information.
Status:
Active
Type:
Commercial
Garage:
Electric Vehicle Charging Station(s), Lighted, Over 30 Spaces
Cooling:
A/C - Office Only
Levels:
1
Acreage:
0.47
Est. Taxes:
$11,705
Construction
Block
Lot Description:
Corner Lot, City Lot, Out Parcel
Days on Market:
31
MLS #:
O6136691
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of SUMMERHILL REALTY GROUP LLC Phone: 407-963-8083