Long Term Absolute NNN Investment

Property ID : 4857 Edgewater Drive, Orlando

For Sale $1,350,000.00 6.4% Cap Rate - Commercial
7280 SF Print

4857 Edgewater Drive, Orlando, FL

  • 7,280 SF (6 Bay) Configuration Leased to a Credit Tenant
  • Currently the Tenant has 4 Locations and expanding across the State
  • Absolute NNN Lease with ZERO Landlord Obligations
  • 3% Annual Increases and Full Guarantees in place
  • 22,440 SF Corner Lot Zoned C-2 (corner of Edgewater Drive and Lee Road with access on both roads)
  • Large Pole and Building Signage,
  • Near HW 50, I-4, 441, 17-92, & Maitland Blvd (close to College Park)
  • 9 Years left on base term lease with (3) Five (5) year options to renew
  • Owner may hold some paper (see broker for details)
  • NOI is $86,520

Sales Price:                $1,350,000 (6.4% Cap Rate)

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Agent Vincent Wolle, CCIM, SIOR

  • Office : 407-647-0200
  • Mobile : 407-448-1823
  • Fax : 407-647-0205

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