6401 Time Square Avenue #cu-18

ORLANDO, FL 32835

About this property

***CALLING ALL INVESTORS!!!****Presenting a truly unique and once-in-a-lifetime opportunity you do NOT want to miss to earn over 7.5% **NET** MONTHLY RETURN ON YOUR INVESTMENT WITH A 5 YEAR PERSONAL GUARANTEED COMMERCIAL LEASE. First 2 years tenant is paying rent at $3,444 per month. After the 2 years, rent increases to $4,300 per month for the remaining 3 years with an additional 5% increase every year. ***SALE INCLUDES REAL-ESTATE ONLY, NOT BUSINESS***. This marketplace/caf is located in the heart of Metro West at the entrance of a residential community on a very busy street featuring 700+ condominium and single family homes. Also in immediate vicinity are over 10,000 residential units, all in close proximity with no other similar business for competition in the residential areas. Store is very beautiful and looks fantastic with high-end finishes and upgrades including flooring and brand-new equipment. Real estate sale also includes storage (approximate size of one-car garage) that is included in sale price. ***As noted above, this is a personal-guarantee lease for 5 years with option to renew for additional 5 more years. ***Potential buyer/agent not permitted to disturb current tenant without prior notification and permission from agent/seller*** Please call for showing appointment.

Date Listed
August 19, 2019
Listing Status
Active
Days On Site
157
MLS#
O5806701

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
Sub-Type
Resale
Year
2000
Garage
0
Pool
No
Story(s)
Property View
No
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$599,000 Active
0 Beds
0 Baths
1,191 SQFT

Presented By Coldwell Banker Coast Realty

Get in touch today! Phone: (877) 748-7355
Brokerage
Port Orange
(386) 275-1000
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Area Information

32835 - Orlando/Metrowest/Orlo Vista | Orange County |

$ 599,000
This listing is play_arrow 274.5% higher than the average in the area
$ 159,950 in the area
1,191 SqFt
This listing is play_arrow 15.9% smaller than the average in the area
1,416 SqFt in the area
$ 503 $/SqFt
This listing is play_arrow 344.1% more than the average in the area
$ 113 $/SqFt in the area
157 days on site
This listing is play_arrow 647.6% above the average in the area
21 days on site in the area

Schools in the Area

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