4503 S Orange Blossom Trail Orlando FL 32839
4503 S Orange Blossom Trail Orlando FL 32839
COUNTY Orange
MARKET Orlando
SUBMARKET Orange Blossom
GLA (SF) 13,551 SF
LAND ACRES 1.26
LAND SF 54,837 SF
YEAR BUILT 1987
APN 10-23-29-0296-00-160
OWNERSHIP TYPE Fee Simple
FINANCIAL SUMMARY PRICE $2,600,000 PRICE
PSF $191.87
PLEASE CALL OR EMAIL FOR THE OFFERING MEMORANDUM
The property's strategic location along a high-traffic commercial corridor promises sustained visibility and foot traffic, enhancing the appeal to a diverse range of prospective tenants and customers. This asset has a secure a reliable income stream and the buyer can capitalize on the future growth prospects of this thriving retail hub.
There is upside because the market rents are low and the leases are modified gross leases. There is also Sweetheartz is the clearest near-term opportunity. The original lease identifies approximately 5,500 SF, and the amendment has rent at $5,250/month, which is only about $11.45/SF/year. The extension expires February 28, 2027.
That means a buyer acquiring the property now gets a relatively near-term opportunity to negotiate a new lease, increase rent if supported by the market, or potentially replace the tenant at a higher market rent.
VALUE-ADD ORLANDO RETAIL INVESTMENT — Existing cash flow with significant mark-to-market rental upside. There is high amount of pro forma increased rent when the Billboard Lease Expires. Buyers should also research installing electrical charge stations because the closest charging station is 3 miles away.
