Orlando FL: 123K SF Retail Center For Sale!
5019 Edgewater Dr,
Orlando,
FL 32810
This offering includes two properties with a combined 124K SF retail space on 16-acres MOL. Zoning is C-3/Wholesale Commercial, allowing a multitude of future commercial and multifamily developments. Offering includes: 16-acres MOL (Two Properties) 124,000 SF Retail Building (118,000 SF Strip Center plus 5000 SF Building in rear) (2-acres in rear of Retail Center is dedicated to new Outdoor Storage business) Zoning: C-3 (Opportunity Zone) Land Use: Office/Retail/Storage/Warehouse Parking Spaces: 450 +/- Traffic Count: 37,000 AADT Currently the retail center is 100% Occupied with a long-term steady tenant base. There are only three longer term tenants, with lease extending into 2030s through extensions. Current revenue is: $1,573,485 Gross Revenue NNN (Except for USPS -$60,000) $1,513,485 NOI Future Development: 1. Future expansion/development: Zoning permits a multitude of multifamily, commercial, medical options. Opportunity Zone: These properties are located within an Opportunity Zone providing a tax incentive for Investors and Developers. Visit www.eig.org. It is advised to consult with a CPA, Attorney, or other professional who can provide advice on Opportunity Zones.
Contact
Broker or Owner Contact
Benny
Spensieri
CRES Corp International
,
Phone:
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ED Contact
Robert
Collins
Orlando Utilities Commission
100 W Anderson St
Orlando,
FL
32801
Phone: (407) 423-9100
rcollins@ouc.com
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Building
Property ID |
11e5533d-fa26-4658-a7ee-5c45394fe395 |
Building Size |
124000 |
Site Size (acres) |
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Zoning |
C-3 |
Year Built |
1961 |
Number of Drive-In Doors |
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Number of Dock-In Doors |
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Clearance Height |
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Drive-in Doors |
no |
Sprinklered |
no |
Parking Ratio |
0 |
Updated |
2021 |
Number of Parking Spaces |
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Parking |
no |
HVAC |
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Pricing
For Sale |
yes |
Sale Price |
0 |
For Lease |
no |
Lease Type |
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Lease Cost |
0 |
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Geographic and Infrastructure
Latitude |
28.6066707 |
Longitude |
-81.4081848 |
County |
Orange County |
Rail Access |
no |
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Utilities
Service to Property |
no |
Electric Provider |
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Gas On Site |
no |
Gas Provider |
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Water On Site |
no |
Water Provider |
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Fiber Optics |
no |
Telecom on Site |
no |
Sewer On Site |
no |
Sewer provider |
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Unused Data Points
status |
active |
businesspark |
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buildingtypes |
B |
contiguous |
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description_lower_first |
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