Automotive Repair/Investment – For Sale or Lease, Orlando

Automotive Repair/Investment – For Sale or Lease, Orlando
1782 Lee Rd, Orlando, FL 32810, USA
For Lease, For Sale $1,550,000.00 8% Cap Rate - Investment
1782-1784 Lee Road 6210 SF

1782-1784 Lee Road, Orlando, FL 32810

  • Multi-Tenant 6,210 SF Building Located on a 29,950 SF Lot
  • 1782 – 3,500 SF/(6) Drive Thru Bays (new 5 year lease in 12/2017)
  • 1784 – 2,710 SF/(4) Drive Thru Bays (existing tenant has been here for 6 years and will sign new lease or available for a user that wants to occupy)
  • As-is leases.  Tenant covers all expenses and repairs
  • Billboard Income $12k/year with 10-years Remaining on the Lease
  • 16’ Clear Height; Office and Waiting Area in Both Spaces
  • Fenced in Rear Parking Lot; Pole Signage
  • Building Completely Renovated in 2006
  • Current NOI is $123,500 with annual increases
  • Located at the Major Intersection of Lee Rd. and Edgewater Dr.
  • Owner can buy and use 1784 side and the income will service 100% of the debt and expenses and use 1784 side for free
  • Owner Financing Available with 30% down at 7% IO on a 10 year term
  • OWN FOR LESS THAN RENTING
  • Sale Price:   $1,550,000 (8% Cap Rate)
  • Lease Price: $5,000 (4 Bays – 1784)
  • 5 Year Minimum
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Agent Vincent Wolle, CCIM, SIOR

As the founder of RREP, Vince has had over 18 years experience in the commercial real estate market and has…
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