Sanford Auto Mall Investment Opportunity
2710-2714 S. Orlando Drive, Sanford, Florida 32773
Sold: $910,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
14,400 sqft
Land Size
1.65 acres
Zoning
GC-2 (General Commercial)
Year Built
1988
Property Description
- 100% Occupied income property
- Two buildings totaling 14,400 SF on 1.65 acres
- Successful, long-term tenants
- Landlord maintenance responsibility limited to roof and structure
- US Highway 17-92 frontage, with traffic count of 26,500 AADT
- Located at the SR-417 Interchange
- Auto sales grandfathered in zoning
- Conveniently located in Sanford, Florida, 25 minutes northeast of Downtown Orlando
- Cap Rate 12.5% on current NOI
- Reduced Offering Price $1,100,000
Offering Memorandum and submarket information
available upon receipt of confidentiality agreement