13500 S John Young Parkway, Orlando, 32837
Listing UP for Sale
13500 S John Young Parkway, Orlando, 32837
Overview
- Property Type
- Business
- 13672
- Lot sqft
- 2007
- Year Built
Description
The building measures 6,246 square feet, and the lot size is 13,672 square feet. This offering is a Triple Net (NNN) retail restaurant for sale in Orlando, Florida. This property is ideal as a cash flow investment and attractive as a 1031 Tax Exchange option. The tenant is a privately owned company that operates King Crab Seafood and Bar Restaurant. King Crab is subject to a ten-year, triple net lease (NNN), with roughly 7 years remaining, and minimal landlord responsibilities. The rent is scheduled to increase by two percent (2.0%) annually, including two, 5-year tenant renewal options, bringing the total term to 17 years.
Address
Open on Google Maps- Address 13500 S John Young Parkway
- City Orlando
- State/county Florida
- Zip/Postal Code 32837
- Area Orange County
- Country United States
Details
Updated on May 21, 2024 at 8:03 pm- Property ID: A11302016
- Price: $3,054,859
- Land Area: 13672 sqft
- Year Built: 2007
- Property Type: Business
- Property Status: Listing UP for Sale
Listing Agent Contact Information
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