Address
7260 NARCOOSSEE ROAD Orlando, FL
Price
$ 4,200,000
Property Attributes
  • MLS#O5987022
  • TypeCommercial
  • CountyORANGE
  • CityOrlando
  • AreaOrlando-Ventura
  • NeighborhoodACREAGE
  • Zip32822
  • StyleRetail
  • Year Built2019
  • Taxes$ 20553
  • Price$ 4,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7690
  • Lot Size1.51 Acres
Listing Provided Courtesy Of:
CARE NETWORK REALTY LLC
Data Source:
Stellar MLS
Property Description

NET NET INVESTMENT on a national corporate guarantee lease (A-rated business credit rating)!! MobilityWorks includes 90 locations nationwide and has completed five major acquisitions since 2019 with strong market share and growth. The property is in a fantastic location; Narcoossee Rd, northeast of MCO airport, is a hub for (affiliated businesses) car sales, car rental, trucking, car mechanic, car parking, heavy industrial, and therefore a naturally attractive place for MobilityWorks to continue to flourish and extend its business use. The warehouse and building are built in 2019 specifically to MobilityWorks choosing and the lease still has 10 yrs remaining with two 5-year renewal options. The lease also includes timely increases to hedge against inflation. Total of 1.51 acres of IND-4 zoned commercial land. See credit reports for an overview of financial status and grades. Buy-and-Hold this investment as a great alternative to a safe bond yield investment with the additional potential for property value increases or as an eventual re-development opportunity by its excellent location! See the Offering Memorandum attachment for additional information.

Price History
11/22/2021 Listed $4,200,000

General Features

Accessibility Accessible Approach with Ramp, Accessible Doors, Accessible Entrance
Additional Parcels Y/N No
Building Area Units Square Feet
Building Features Bathrooms, Service Stations, Truck Doors
City ORLANDO
Construction Materials Block, Concrete, Metal Frame, Metal Siding, Stucco
Cooling Central Air
County Orange
Directions Get off the 528 and heading north onto Narcoossee Rd. After about 1 mile, the property with the business sign is on the left.
Flooring Concrete, Tile, Vinyl
Heating Central
Levels One
Lot Size Square Feet 65948
MLS Area 32822 - Orlando/Ventura
New Construction No
Occupant Type Tenant
Ownership Corporation
Property SubType Retail
Property Type Commercial Sale
PropertyCondition Completed
Roof Concrete, Metal
Sewer Public Sewer
Standard Status Active
Status Active
Street Name NARCOOSSEE
Subdivision Name ACREAGE
Tax Annual Amount 20553
Tax Lot 48
Tax Year 2020
Terms Cash, Conventional
Total Number of Buildings 2
Township 23
Utilities Public, Water Connected
Water Access YN No
Year Built 2019
Zoning IND-4

Interior Features

Flood Zone Code Zone X
Living Area 7690
Living Area Units Square Feet
Livingareasource Public Records
Street Suffix ROAD

Exterior Features

Building Area Total 7768
Foundation Details Basement, Slab
Lot Features Curb and Gutters
Lot Size Acres 1.51
Parking Features Ground Level, Over 30 Spaces
Road Frontage Type County Road
Road Surface Type Asphalt, Concrete, Paved
Water Extras YN No
Water Source Public
Water View YN No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32822

Price
AVG $2.6M
$4.2M
Taxes
AVG $39,856
$20,553
Visits
AVG 24
25
Year Built
AVG 2018
2019
Walkscore
AVG 51
46
Data Provided by Walkscore ® not using MLS data

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