Retail Space For Sale @ 8421 S Orange Blossom Trl

THE SHOPPES NEAR FLORIDA MALL ARE 3 CONTIGUOUS INCOME-PRODUCING RETAIL/OFFICE SUITES IN ONE OF THE BEST LOCATIONS IN TOWN. THE SHOPS ARE CURRENTLY, 100% OCCUPIED WITH LONG TERM TENANTS IN-PLACE. THE PROPERTY IS LOCATED IN A LARGE RETAIL CENTER WITH AMPLE PARKING FOR ALL TENANTS AND CUSTOMERS. DIRECTLY NEXT TO THE FLORIDA MALL IN ORLANDO, FL THE PROPERTY SITS IN ONE OF THE MOST COVETED LOCATIONS IN ORLANDO, FL. STEPS FROM ORLANDO INTERNATIONAL AIRPORT AND A SHORT DRIVE TO ALL OF THE WORLD-FAMOUS ORLANDO ATTRACTIONS (DISNEY WORLD, UNIVERSAL STUDIOS, AND ISLANDS OF ADVENTURE). DUE TO ITS FANTASTIC LOCATION AND DEMAND, THE PROPERTY STAYS FULLY OCCUPIED ALL YEAR LONG!

THE PROPERTY CURRENTLY BOASTS UNDER MARKET RENTAL RATES GIVING A BUYER MASSIVE UPSIDE ON THIS INVESTMENT. CURRENTLY, EACH UNIT IS BELOW THE AVERAGE MARKET RENTAL RATE BY APPROXIMATELY $100 PER MONTH! THESE RENTAL RATES CAN BE EASILY INCREASED DUE TO THE LARGE DEMAND FOR RENTAL SPACE NEAR THE FLORIDA MALL! THE PROPERTY HAS AN IN-PLACE CAP RATE OF 8% AND A CASH-ON-CASH RETURN OF OVER 13%. DUE TO THE EXTREMELY BELOW MARKET RENTAL RATES A BUYER CAN EASILY INCREASE THE CAP RATE TO OVER 9% AND THE CASH-ON-CASH RETURN TO OVER 16% BY THE END OF 2020! THIS IS THE PERFECT INVESTMENT FOR A BUYER LOOKING FOR CONSISTENT CASH FLOW AND PROPERTY IN AN EXTREMELY RARE LOCATION!

THE PROPERTY IS PART OF AN HOA WHICH COVERS ALL EXTERIOR EXPENSES FOR A LOW YEARLY FEE. THIS IS A HUGE BENEFIT FOR A BUYER AS IT INCLUDES ALMOST ALL EXPENSES SUCH AS; INSURANCE, MAINTENANCE, PROPERTY MANAGEMENT, WATER, ELECTRIC, LANDSCAPING, TRASH/DUMPSTER, ROOF MAINTENANCE, A/C MAINTENANCE, AND SECURITY.

PAYING A SET MONTHLY FEE OF APPROXIMATELY $435 PER MONTH WILL DEFINITELY PROVE TO BE A MASSIVE HELP IN THE FUTURE AS ALMOST ALL THE REPAIR AND MAINTENANCE EXPENSE, MANAGEMENT, AND INSURANCE EXPENSES WILL COME FROM THIS MONTHLY FEE. THIS HELPS THE BUYER LIMIT THE COST OF POTENTIAL REPAIRS MOVING FORWARD!

THE HOA WILL CLEARLY HELP KEEP THE OPERATING EXPENSES DOWN AT THE PROPERTY AND, WITH THE MASSIVE UPSIDE THE BELOW MARKET RENTAL RATES PROVIDE, A BUYER CAN RAISE THE MONTHLY RENTS AND KEEP THE EXPENSES THE SAME BOOSTING THEIR NOI FOR YEARS TO COME! This space offers accomodations for: strip center.