For Sale

100% Leased Multi-Tenant Office/Retail Center

15421 Southwest 39th Terrace, Miami, FL 33185

$4,000,000.00 6.6% CAP Rate

Property Details

Property Type
Investment
Price $4,000,000.00 6.6% CAP Rate
Area Size
16945 SF

Property Information

6827 N Orange Blossom Trail, Orlando, FL

16,945 SF (10 Suite) Shopping Center on busy HW 441
1.93 Acre site zoned C-1 with 4/1000 parking ratio (Orange County)
Curb cut for easy access from either direction from the highway
Suites sizes range from 1,200 SF to 4,175 SF
92% Leased to long term Tenants that did major investment into their suites. Most leases have 5% increases and new leases are CPI

1 vacant unit (1350 SF)

Building and pylon signage, glass store front entry, new LED lighting
Close to Rose Ave, Maitland Blvd, Edgewater Drive, Lee Rd and 429 located on HW 441 in Lockhart
4 of the Tenant income comes from the State of Florida (School)
2022 Renovations include: (paint, parking lot, landscaping)
NOI is $254,354 with 70% of the leases expiring in 2027-2030
Sales Price: $4,000,000 (6.4% CAP Rate)

Map

Agent

Vincent Wolle
Vincent Wolle
CCIM, SIOR

Office: 407-647-0200
Mobile: 407-448-1823
Fax : 407-647-0205
Send Email

Request More Information

Name(Required)