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12950 E Colonial Drive, Orlando, FL

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DetailMap
12950 E Colonial Drive

Orlando, FL 32826-4609 - SE Orange Outlying Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:2009
Building Size:11,340 SF Land Area:1.24 AC (54,071 SF)
% Leased:
For Sale Price:$2,800,000 Price/SF:$246.91
Cap Rate:7.06 %
Smallest Space:2,362 SF Largest Space:2,362 SF Total Space Avail:4,724 SF Rent/SF/Yr:
$18.25 - $20.25
Parking:Free Surface spaces are available; Ratio of 3.97/1,000 SF
Features:Bus Line, Pylon Sign, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
2,362 SF
$18.25/SF/Yr
30 Days
Negotiable
Retail
 1st
2,362 SF
$20.25/SF/Yr
30 Days
Negotiable
Office/Medical
 
10786952
10786978
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
2,362 SF
$18.25/SF/Yr
30 Days
Negotiable
Retail
1st
2,362 SF
$20.25/SF/Yr
30 Days
Negotiable
Office/Medical

Sale Notes:
The property for sale is 12950 East Colonial Drive, Orlando, FL32826. The owner completed the development of the property back in 2009 with concrete block and stucco and put many details into the construction to assure its quality. The rentable square feet is 11,285 and the gross square feet is 12,366. There are currently 4 tenants who complete the occupancy of the building to 100%. It is important to note the optometry tenant has a drive thru which is a great opportunity for national Quick Service Restaurants in the future (Dunkin Donuts, Starbucks, etc). All leases are NNN and the property is currently making an annual net income of $197,630.

TRG Commercial Real Estate
Tony Nguyen
(407) 852-8889


TRG Commercial Real Estate
Tony Nguyen
(407) 852-8889



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