THE SHOPPES NEAR FLORIDA MALL FOR SALE!

8421 S Orange Blossom Trl, Orlando, Florida 32809

100% OCCUPIED! 8% CAP RATE AND 13% CASH-ON-CASH RETURN IN-PLACE! 9%+ CAP RATE AND 16% CASH-ON-CASH RETURN BY THE END OF 2020! DIRECTLY NEXT TO WORLD FAMOUS FLORIDA MALL! MASSIVE UPSIDE WITH EXTREMELY LOW RENTAL RATES IN-PLACE! HOA COVERS ALL REPAIR AND MAINTENANCE EXPENSES AT THE PROPERTY AS WELL AS UTILITIES AND PROPERTY INSURANCE EXPENSE! 3 CONTIGUOUS INCOME-PRODUCING RETAIL/OFFICE SUITES IN ONE OF THE BEST LOCATIONS IN TOWN! THE SHOPPES NEAR FLORIDA MALL ARE 3 CONTIGUOUS INCOME-PRODUCING RETAIL/OFFICE SUITES IN ONE OF THE BEST LOCATIONS IN TOWN. THE SHOPS ARE CURRENTLY, 100% OCCUPIED WITH LONG TERM TENANTS IN-PLACE. THE PROPERTY IS LOCATED IN A LARGE RETAIL CENTER WITH AMPLE PARKING FOR ALL TENANTS AND CUSTOMERS. DIRECTLY NEXT TO THE FLORIDA MALL IN ORLANDO, FL THE PROPERTY SITS IN ONE OF THE MOST COVETED LOCATIONS IN ORLANDO, FL. STEPS FROM ORLANDO INTERNATIONAL AIRPORT AND A SHORT DRIVE TO ALL OF THE WORLD-FAMOUS ORLANDO ATTRACTIONS (DISNEY WORLD, UNIVERSAL STUDIOS, AND ISLANDS OF ADVENTURE). DUE TO ITS FANTASTIC LOCATION AND DEMAND, THE PROPERTY STAYS FULLY OCCUPIED ALL YEAR LONG! THE PROPERTY CURRENTLY BOASTS UNDER MARKET RENTAL RATES GIVING A BUYER MASSIVE UPSIDE ON THIS INVESTMENT. CURRENTLY, EACH UNIT IS BELOW THE AVERAGE MARKET RENTAL RATE BY APPROXIMATELY $100 PER MONTH! THESE RENTAL RATES CAN BE EASILY INCREASED DUE TO THE LARGE DEMAND FOR RENTAL SPACE NEAR THE FLORIDA MALL! THE PROPERTY HAS AN IN-PLACE CAP RATE OF 8% AND A CASH-ON-CASH RETURN OF OVER 13%. DUE TO THE EXTREMELY BELOW MARKET RENTAL RATES A BUYER CAN EASILY INCREASE THE CAP RATE TO OVER 9% AND THE CASH-ON-CASH RETURN TO OVER 16% BY THE END OF 2020! THIS IS THE PERFECT INVESTMENT FOR A BUYER LOOKING FOR CONSISTENT CASH FLOW AND PROPERTY IN AN EXTREMELY RARE LOCATION! THE PROPERTY IS PART OF AN HOA WHICH COVERS ALL EXTERIOR EXPENSES FOR A LOW YEARLY FEE. THIS IS A HUGE BENEFIT FOR A BUYER AS IT INCLUDES ALMOST ALL EXPENSES SUCH AS; INSURANCE, MAINTENANCE, PROPERTY MANAGEMENT, WATER, ELECTRIC, LANDSCAPING, TRASH/DUMPSTER, ROOF MAINTENANCE, A/C MAINTENANCE, AND SECURITY. PAYING A SET MONTHLY FEE OF APPROXIMATELY $435 PER MONTH WILL DEFINITELY PROVE TO BE A MASSIVE HELP IN THE FUTURE AS ALMOST ALL THE REPAIR AND MAINTENANCE EXPENSE, MANAGEMENT, AND INSURANCE EXPENSES WILL COME FROM THIS MONTHLY FEE. THIS HELPS THE BUYER LIMIT THE COST OF POTENTIAL REPAIRS MOVING FORWARD! THE HOA WILL CLEARLY HELP KEEP THE OPERATING EXPENSES DOWN AT THE PROPERTY AND, WITH THE MASSIVE UPSIDE THE BELOW MARKET RENTAL RATES PROVIDE, A BUYER CAN RAISE THE MONTHLY RENTS AND KEEP THE EXPENSES THE SAME BOOSTING THEIR NOI FOR YEARS TO COME! DIRECTLY NEXT TO THE FLORIDA MALL IN ORLANDO, FL THE PROPERTY SITS IN ONE OF THE MOST COVETED LOCATIONS IN ORLANDO, FL. STEPS FROM ORLANDO INTERNATIONAL AIRPORT AND A SHORT DRIVE TO ALL OF THE WORLD-FAMOUS ORLANDO ATTRACTIONS (DISNEY WORLD, UNIVERSAL STUDIOS, AND ISLANDS OF ADVENTURE) THE PROPERTY STAYS FULLY OCCUPIED ALL YEAR LONG!

Contact

Broker or Owner Contact
David Rosenthal
Grimaldi Commercial Realty
115 W Bearss Ave
Tampa, Florida 33613
Phone: 1-8138820884
david@grimaldicommercialrealty.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 16C4AA1C-5095-41D9-9B48-C374208E0F15
Building Size 2111
Site Size (acres)
Zoning
Year Built 1972
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

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

Geographic and Infrastructure

Latitude 28.442664
Longitude -81.402259
County Orange County
Rail Access no

Utilities

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