Investor Special. COMMERCIAL SPACE ALREADY LEASED. TWO LOCATIONS AVAILABLE UPON REQUEST. Very low expenses. Sold as is. Price is negotiable. Long term tenant in place for over 12 years. Owner has kept rents low at 30% below market rent, offering excellent value-add opportunity for the buyer. The lease has not been renewed by the owner leaving the option for the buyer to immediately raise rent. Current NOI ~$15k per year. Proforma NOI over $19k. This location is perfect for the investor who wants to generate income passively with very few management responsibilities. Near all the attractions, international airport, major highways and shopping. Osceola County is investing millions of dollars to improve this area with approved and funded projects along Fortune Rd, including the $9m Fortune Lakeshore Trail project involving the construction of a 10 ft multi-use trail that will run alongside the retail plaza, giving cyclists, runners and pedestrians access to the retail shops at this location; and the $6.8m Fortune Road and Simpson Road Intersection Improvements project which includes road widenings, signal improvements and better sidewalks. Hurry - you don't want to miss this great opportunity to generate income or save on commercial rent in a highly desirable location!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
