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$3,500,000
The land consists of 32,837 total sf (3/4 of an acre). the building space sits on 6,264 square feet. king crab is subject to a ten-year, triple net lease (nnn), with roughly eight years remaining, and minimal landlord responsibilities. the rent is scheduled to increase by two percent (2.0%) annually, including the option to extend the original lease with two, 5-year options, bringing the total term to 18 years. this is a choice location. the subject property benefits from being in a high-traffic area on a six-lane street, and a signalized intersection into the neighborhood center. there is a strong retail presence surrounded by national, regional, local tenants, shopping centers, malls, and hospitality accommodations. south of highway 417 (central florida greene way) exit 10.Gelfand Realty Miami Properties for Sale - Restaurant/Entertainment for Sale
Back 13500 S JOHN YOUNG PKWY, ORLANDO, FL 32837
13500 S JOHN YOUNG PKWY, ORLANDO, FL 32837
Asking Price$3,500,000
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Restaurant/Entertainment - King Crab for Sale
13500 S JOHN YOUNG PKWY, ORLANDO, FL 32837Asking Price$3,500,000
- Lot size 32837sqft
- Year Built 2007
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Days on market:
110 day(s) Original Price:
$3,500,000-
MLS:
A11302016 -
Property Type:
Restaurant/Entertainment -
Parking:
Free ParkingHandicap ParkingCommon -
Inclusions:
Building & Land,Leases, Equipment,Leases
Lease Term Remaining:
7-10 Year LeaseRoof:
Composition RollCooling Description:
Central Building A/CHeating Description:
Central ElectricFloor Description:
TileSpecial Listing Conditions:
SaleLot Features:
City Location