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5657 - 5661 Curry Ford Road, Orlando, FL

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5657 - 5661 Curry Ford Road

Orlando, FL 32822-1443 - 436 Corridor Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:1979
Building Size:4,790 SF Land Area:1.11 AC (48,208 SF)
For Sale Price:$789,900 Price/SF:$164.91
Cap Rate:7.06 %
Parking:28 Surface spaces are available; Ratio of 5.89/1,000 SF
Features:Pylon Sign

Sale Notes:
The subject property for sale is 5657 Curry Ford Road in East Orlando, FL 32822. The property has 4,790 rentable SF, was constructed in 1989 and sits on a lot just under 1 acre, West of Semoran Blvd. The neighboring parcel is Discount Auto Parts which is on the signalized hard corner of Curry Ford & Semoran Blvd. Whoever buys the subject property shall have First Right of Refusal to purchase the Discount Auto Parts if it becomes available for sale in the future. The property has been self-managed for years and currently has 5 Tenants who have been at this location for many years. The Billboard was sold to Clear Channel years ago and they are the only company with rights to advertise on this board. Clear Channel pays a small fee annually to the subject property owner. All leases are Modified Gross so should be converted to CAM the next chance possible. Current NOI is $55,738. At a purchase price of $789,900, the cap rate is 7.06%.

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

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