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4702 W Colonial Dr

1,300 SF Retail Building Orlando, FL 32808 £1,021,950 (£786/SF) 6.26% Net Initial Yield

EXECUTIVE SUMMARY

*10 Year NNN Lease
*2 Separate Income Producing Parcels
*New Roof, HVAC, and Tenant Renovations in 2022
*Landlord covers Roof and Structure. Tenant covers all other items
*Tenant is a well-established Auto Dealership in the Orlando Market
*Over ½ Acre C-3 Zoned Site
*High Traffic Exposure with over 43,000 Cars per Day
*Excellent Street Signage
*$6349 NNN a month with 3% annual increases

ATTACHMENTS

4702 W Colonial Investment Flyer
4702 W Colonial Investment Flyer

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,300 SF
Building Class
C
Year Built
1957
Price
£1,021,950
Price Per SF
£786
Net Initial Yield
6.26%
NOI
£63,924
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
0.51 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-3 - C-3 zoning which allows for flexible uses to include Auto Sales, Retail, Office, Medical and More.
Frontage
170 ft on Colonial Drive

AMENITIES

  • Corner Lot
  • Fenced Lot
  • Pylon Sign
  • Air Conditioning
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NEARBY MAJOR RETAILERS

Buddy's Home Furnishings
United Rentals-reliable Onsite Services
Bambu
Truist
Chase Bank

PROPERTY TAXES

Parcel Number 29-2229-9160-02-010 Improvements Assessment £118,053
Land Assessment £210,596 Total Assessment £328,649

PROPERTY TAXES

Parcel Number
29-2229-9160-02-010
Land Assessment
£210,596
Improvements Assessment
£118,053
Total Assessment
£328,649
(407) 647-0200 x5

CONTACTS

  • Listing ID: 27629552

  • Date on Market: 30/01/2023

  • Last Updated:

  • Address: 4702 W Colonial Dr, Orlando, FL 32808

The Westside Retail Property at 4702 W Colonial Dr, Orlando, FL 32808 is currently available. Contact Results Real Estate Partners, LLC for more information.

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4702 W Colonial Dr, Orlando, FL for sale Building Photo- Image 4 of 6
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4702 W Colonial Dr, Orlando, FL for sale Building Photo- Image 5 of 6
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4702 W Colonial Dr
(407) 647-0200 x 5

4702 W Colonial Dr

1/2

Tim Corder

(407) 647-0200

x5

(407) 647-0200 x5

Vincent Wolle

(407) 448-1823

(407) 448-1823

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