Multi-Tenant Investment Property

3240 W Colonial Dr, Orlando, Florida 32808

3240-3248 W Colonial Dr, Orlando, FL 32808||(2) Buildings totaling 10,189 SF 100% leased||Existing tenants are on the 2nd round of renewal options||3240: Rented to Rent N Roll and is 5,189 SF with 100% AC space||3248: Rented to Low Price Auto Glass and is a 5,000 SF warehouse built in 2004 with 300 SF of office space||1.03 acres zoned AC-2 (200′ x 225′ lot with 22 parking spaces)||Dual curb cut access points on both the east and west side of the site||Large pole sign and great building signage||Both Leases expire in 3 years with options to renew||Current rents are below market values leaving upside potential||Net Operating Income: $103,250||Sale Price: $900,000 (11% CAP Rate)||PRICED TO SELL FAST||Additional Details||Land Size: 1.03||Availability: Now||Lease Price: NA

Contact

Broker or Owner Contact
Results Real Estate Partners
108 Commerce (ste 101 102 103 105) St
200
Lake Mary, Florida 32746
Phone: 1-4076470200
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 3C77530D-BB30-47DF-94C3-4878CE313E10
Building Size 5270
Site Size (acres)
Zoning AC-2
Year Built 1969
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated 1989
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 28.552264
Longitude -81.416265
County Orange County
Rail Access no

Utilities

Service to Property no
Electric Provider OUC
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