USD 3,500,000

13500 S John Young Parkway
Orlando, Florida 32837

For Sale

Property Description

The land consists of 32,837 total SF (3/4 of an acre). The building space sits on 6,264 square feet.
King Crab is subject to a ten-year, triple net lease (NNN), with roughly eight years remaining, and minimal landlord responsibilities. The rent is scheduled to increase by two percent (2.0%) annually, including the option to extend the original lease with two, 5-year options, bringing the total term to 18 years. This is a choice location. The Subject Property benefits from being in a high-traffic area on a six-lane street, and a signalized intersection into the Neighborhood Center. There is a strong retail presence surrounded by national, regional, local tenants, shopping centers, malls, and hospitality accommodations. South of highway 417 (Central Florida Greene Way) exit 10.

Listed by Keller Williams Realty Premier Properties

Property Details

ID #
A11302016
Status
Sale
Type
Commercial, Industrial, Retail
Zip Code
32837
Year Built
2007
Building Feature
Air Conditioning, Smoke alarms
Water Source
City/mains water
Septic
City sewer
Ceiling
Suspended/Acoustical
Floor
Tile Floors
Location
City Location
Occupancy
Tenant Occupied
Parking
Common Parking, Free Parking, Handicap Parking
Road Frontage
County Road, Main Thoroughfare
Road Type
Divided, Three Lane
Roof
Composition Roll
Type of Building
Free Standing, Restaurant/Bar
Utilities
Internet
Zoning Information
Commercial
Lease Term
7-10 Year Lease, Long Term Lease, Options Available, Triple Net Lease
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2.0%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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