Income Producing Commercial Property

Orlando, Florida


Listing Type: For Sale By Broker
Category: Real Estate: Commercial- Retail
MLS #: FF368050

Description:
Price reduced! This is almost one acre of commercial property with 7800 sq. feet of rentable space. Currently 100% occupied with below market rents. Lots of upside to this property. The owner of the automotive repair business is also one of the property owners. A new lease will be negotiated with him at the time of closing.

The property size is 42,900 and there is 7,800 sq. feet of leasable space. 4,800 is retail frontage with two tenants each having 2,400 sq. ft.. The rear building is approx 3,000 and is occupied by an automotive repair business.

Price per square foot: 101.92
Income Property Gross Income: $81,600
Income Property Net Operating Income: 63800
Current Property Expenses: The annual expenses for the property are estimated at $17,800.00
Financing: Third Party Financing is possible


Pricing Information
Asking Price: $795,000 FF & E:
Gross Revenue: $ Lease/Rent: $0
Cash Flow: $0 Inventory:
Adjust Net Income: Real Estate:
Monthly Payroll:


About The Business
Style: Information not available.
Year Established: 1987 Lease/Rent: $0
Full Time Employees: Part Time Employees:
Size (square feet): 7,800 Lot Size (acres):


About The Sale
Reason for Selling:
Is Financing Available?
Is Owner Willing To Train/Assist New Owner?
Is This a Home Based Business?
Is This a Distressed Business or Bankruptcy Situation?
Details: Franco Ferrari
Company Name: CII Sunbelt
Phone Number: 407-339-3101
Fax: 407-682-3676
Cell Number:
Email The Seller: Click Here
Price reduced! This is almost one acre of commercial property with 7800 sq. feet of rentable space. Currently 100% occupied with below market rents. Lots of upside to this property. The owner of the automotive repair business is also one of the property owners. A new lease will be negotiated with him at the time of closing.

The property size is 42,900 and there is 7,800 sq. feet of leasable space. 4,800 is retail frontage with two tenants each having 2,400 sq. ft.. The rear building is approx 3,000 and is occupied by an automotive repair business.

Price per square foot: 101.92
Income Property Gross Income: $81,600
Income Property Net Operating Income: 63800
Current Property Expenses: The annual expenses for the property are estimated at $17,800.00
Financing: Third Party Financing is possible



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