5316-5322 E Colonial Dr

5316-5322 E Colonial Dr, Orlando, FL 32807

Double-Net Corporate guarantee lease with minimal landlord responsibilities. Subject property does both car sales, as well as, car rentals. Recently exercised first renewal option | four years remaining on first renewal option. Three percent rent increases annually. Two, five-year options remaining. Freestanding enterprise Rent-A-Car & car sales retail store. Investment Grade Tenant - ‘BBB’. Approximately 450 linear feet of State Road 50 frontage. State Road 50 benefits from 60,500 vehicles daily. Near main Semoran Boulevard crossroad, which benefits from 53,500 - 57,500 vehicles daily.

Contact

Broker or Owner Contact
Chris Travis
Marcus & Millichap
300 S Orange Ave
Suite 700
Orlando, FL 32801
Phone: (407) 557-3800
christopher.travis@marcusmillichap.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 1953557
Building Size 11865
Site Size (acres)
Zoning Mixed-Use
Year Built 1970
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors yes
Sprinklered yes
Parking Ratio 8.85
Updated 2017-01-25T08:12:10
Number of Parking Spaces
Parking yes
HVAC Unknown

Pricing

For Sale yes
Sale Price 2167000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.5541481927177
Longitude -81.3159540794845
County Orange
Rail Access no

Utilities

Service to Property no
Electric Provider OUC
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider