State of Hope NNN Investment

830 Lee Rd, Orlando, FL 32810

Description Veterans Housing Facility Operated by State of Hope located in Orlando, FL Highlights Veterans Housing Facility Operated by State of Hope | 145 Units State of Hope is a Non-Profit Organization That Provides Housing and Support Services for Veterans 10-Year Triple Net Lease | Zero Landlord Responsibility | Five Percent Rent Bumps Every 5 Years With Four, Five-Year Options 70% of the Rooms Have Been Renovated, With Tenant in Process of Renovating the Rest at their Expense Great Value Especially as Long-Term Hold | Many Possible Uses in the Future Like Assisted Living Facility, Low Income Residential, Flagged Hotel, etc | Cost of new Construction Would be Over $30MM Great Location With Bus Stop on Site | McDonald's, Walmart Neighborhood Market, 7-Eleven, Home Depot, Starbucks, and Denny's all Within Walking Distance Situated on Lee Rd (36,500 AADT) with Immediate Access to Interstate 4 (170,000 AADT) | 2.5 Miles to Downtown Winter Park | Home to World-Class Dining, Unique Shopping and One-of-a-Kind Experiences Strong Demographics | 279,339 People Within 5 Miles| AHHI = $87,654 Within 3 Miles

Contact

Broker or Owner Contact
Ray Turchi
,
Phone: (407) 557-3847
ray.turchi@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 806
Building Size 69776
Site Size (acres)
Zoning
Year Built
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 12445000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.6074562
Longitude -81.3920454
County Orange County
Rail Access no

Utilities

Service to Property no
Electric Provider
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