不要打扰房客。
只接受预约看房。请与Anita Nguyen联系Anita 250 @ outlook . com或561 - 877 -0331安排参观行程。
投资亮点:
25，298 平方英尺独立零售大楼，目前100%租赁给奥兰多重点零售和旅游走廊的家庭娱乐中心
位于佛罗里达州中部最繁忙的170万平方英尺的超级区域购物中心FloridaMall的正门对面，每年接待超过2000万游客
如果重建和(或)重新开发，该区域拥有巨大的上涨潜力
目前的租约远低于市场租金，允许全部买下和提前90天通知承租人迁出
重建机会，建造额外的7，000 + / -平方英尺的独立式建筑，还有3英亩地块超大的出口
周围是实力雄厚的国有租户:publix，Target，Apple，Macy，Dillard ' s和BestBuy Sand Lake路每天有39，500辆车通行
两块54英尺的数字显示板和25英尺的大型纪念碑吸引了佛罗里达购物中心所有过往车辆的注意
方便进出Sand Lake路(通往奥兰多国际机场的主要干道)上的信号控制交叉口，可方便地到达佛罗里达州SR 528、John YoungParkway和4号州际收费公路。
距奥兰多国际机场几分钟车程，地理位置优越，可方便地前往奥兰多的所有主要旅游景点，包括迪斯尼世界、海洋世界、环球影城和I - Drive
投资概况:
目前租给Hukoo’s Family Fun (以下简称“地产”)的单租户网上租赁零售大楼位于佛罗里达州奥兰多市西沙湖路1051号奥兰多，占地3.03英亩的的±26,444平方英尺的单层独立零售大楼，与佛罗里达购物中心隔街相望。
DO NOT DISTURB TENANT.
Property tours are available by appointment ONLY. Please contact Anita Nguyen to schedule at anita250@outlook.com or 561-877-0331.
Investment Highlights:
±25,298 SF freestanding retail building, currently 100% leased to Family Fun Center in the dominant regional retail & tourist corridor of Orlando
Situated directly across from the main entrance to the 1.7 million SF Florida Mall, the busiest super regional mall in central Florida, welcoming more than 20 million visitors annually
Enormous upside potential through re-tenanting and/or redevelopment
Current lease is well below market rent and allows for buyout and tenant vacating with 90-day notice
Redevelopment opportunity to build additional freestanding building of 7,000+/- sf as outparcel on oversized 3-acre parcel
Surrounded by strong national tenants: Publix, Target, Apple, Macy’s, Dillard’s, and Best Buy
39,500 car per day traffic count on Sand Lake Road
Excellent exposure with two 54-foot digital display boards, and large 25-foot monument sign garnering the attention of all Florida Mall traffic
Easy ingress and egress at signalized intersection on Sand Lake Road, a major artery leading to Orlando International Airport, with easy access to the Florida Turnpike, SR 528, John Young Parkway, and Interstate-4
Minutes from the Orlando International Airport and centrally-located for easy access to all of Orlando’s prime tourist attractions including Walt Disney World, SeaWorld, Universal Studios & I-Drive
Investment Overview:
A single tenant net leased retail building currently leased to Hukoo’s Family Fun (the “Property”) is a ±26,444 gross SF single-story, freestanding retail building on ±3.03 acres in Orlando’s located at 1051 W Sand Lake Road in Orlando, FL, directly across the street from the Florida Mall.
Built in 1998, and previously operated as a Border’s Bookstore, the building has been occupied by Hukoo’s Family Fun Center since 2013. The oversized 3-acre parcel provides an excess of parking and the new owner could have the opportunity for additional development of a freestanding structure (approximately 7,000 – 10,000 SF) or extension to the existing building. Flexible C-2 zoning allows for multiple commercial uses including office, restaurant & retail. Click Here for permitted uses within C-2 zoning
The current lease runs through 2019 and provides for a 5 year renewal. It also provides the new owner with the flexibility to early terminate/buyout the lease which would allow for re-tenanting, owner occupancy or redevelopment of the property, while enjoying the rental income during the planning phase. Current owner is a principal in the tenant’s business and the lease is below market rate, giving a new owner the opportunity to significantly increase cash flow by re-tenanting the building at market rates.
This redevelopment opportunity creates a potential source of additional rental income. This exciting Property is a unique opportunity for investors, developers or business owners to acquire prime real estate in close proximity to Orlando’s busy tourist attractions, downtown & residential areas with easy access to major highways and the international airport. Orlando’s diversified economy underpins its consistent growth leading to a high and sustained demand for commercial real estate that bodes well for the continued and future viability of this area. In 2016 approximately 66 million visitors from more than 197 countries visited Orlando.
Besides being close to air travel, there is a Sun Rail train station 2.5 miles east, and four bus stops within a five-minute walk. Sand Lake Road is one of Orlando' s most heavily traveled east/west roadways seeing over 39,500 vehicles per day. Orlando International Airport is only five miles to the east while five miles to the west is the tourist corridor that boasts world famous attractions such as Disney World, I-Drive, Universal, Sea World, and many more. The Property is within a 5-mile radius of new attractions and projects which are expected to attract up to an additional 3+ million new visitors each year. Recent examples are the $460 million Skyplex Complex, Topgolf Orlando, Andretti Indoor Karting & Games, the $400 million iSquare Mall & Hotel, etc.
The Property’s excellent location and established business create a dependable rental income for investors and developers whilst the oversized 3-acre parcel provides redevelopment potential and future growth opportunities. The offering also includes a significant value add potential through re-tenanting the building at market rates.
Free Asset Summary Report AvailableWe've partnered with Situs, one of the most trusted names in commercial real estate research, to provide unbiased third-party insight for this asset. You can find the full, complimentary Asset Summary Report under the secure due diligence tab above. This property will be auctioned on Monday, February 12 - Wednesday, February 14 . The price displayed is the starting bid amount of $1,200,000. For information and to register to bid on this property, please visit Ten-X.com.
