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6401 TIME SQUARE AVE #CU-18 Orlando, FL 32835
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Key Details
Sold Price $4,300
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,191 sqft
Price per Sqft $3
MLS Listing ID J911883
Condo Fees $433
Year Built 2000
Annual Tax Amount $2,027
Lot Size 1,306 Sqft
Property Sub-Type Retail
New Construction false
Property Description
Presenting a truly unique and once-in-a-lifetime opportunity you do NOT want to miss to earn over *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. **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
Location
State FL
County Orange
Area 32835 - Orlando/Metrowest/Orlo Vista
Zoning AC-2
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Parking Features Other
Utilities Available Public
Roof Type Shingle
Building
Lot Description City Limits
Foundation Slab
Sewer Public Sewer
Structure Type Stucco,Wood Frame
New Construction false
Others
Monthly Total Fees $433
Special Listing Condition None
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Bought with Hurchell Williamson HAMPTON REALTY GROUP
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