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$3,054,859
The building measures 6,246 square feet, and the lot size is 13,672 square feet. this offering is a triple net (nnn) retail restaurant for sale in orlando, florida. this property is ideal as a cash flow investment and attractive as a 1031 tax exchange option. the tenant is a privately owned company that operates king crab seafood and bar restaurant. king crab is subject to a ten-year, triple net lease (nnn), with roughly 7 years remaining, and minimal landlord responsibilities. the rent is scheduled to increase by two percent (2.0%) annually, including two, 5-year tenant renewal options, bringing the total term to 17 years.Gelfand Realty Miami Properties for Sale - Restaurant/Entertainment for Sale
Back to Search 13500 S JOHN YOUNG PKWY, ORLANDO, FL 32837
Restaurant/Entertainment - King Crab for Sale
13500 S JOHN YOUNG PKWY, ORLANDO, FL 32837
Asking Price$3,054,859 Change Price$203,657
Share by:
- Lot size 13672sqft
- Year Built 2007
-
Days on market:
619 day(s) Original Price:
$3,500,000-
MLS:
A11302016 -
Property Type:
Restaurant/Entertainment -
Parking:
Free ParkingCommon -
Inclusions:
Building & Land,Leases, Equipment,Leases
Lease Term Remaining:
7-10 Year Lease,Long Term LeaseRoof:
Composition RollCooling Description:
Central Building A/CHeating Description:
Central ElectricFloor Description:
TileSpecial Listing Conditions:
SaleLot Features:
City Location