351-355 N Ronald Reagan Blvd - Restaurant FOR SALE


Longwood, FL 32750- Northeast Orlando
$5,500,000 USD
904-505-5282
351-355 N Ronald Reagan Blvd, Longwood, FL for Sale
$5,500,000 USD
Restaurant - FOR SALE
1/8
null | 7.6% Cap Rate

351-355 N Ronald Reagan Blvd
Longwood, FL 32750
Northeast Orlando


HIGHLIGHTS

  • Value-Add
  • Strategically located next to one of Orlando's Sunrail station
  • Generates consistent income and offers a strong ROI
  • Appreciating market
  • 7.60% In-place Cap Rate

OVERVIEW

351 North Ronald Reagan Blvd. in Longwood, FL is a premier multi-tenant strip center offering a unique opportunity to acquire a stabilized, fully occupied asset in a high-growth market. Spanning 19,881 sq. ft. with 9 diverse tenants, this property is strategically located next to one of Orlando’s SunRail station, ensuring strong foot traffic and visibility making it one of the best strip centers in the area. Current in-place NOI is $418,218.28 (7.6% CAP). There is immediate Value-Add potential which will make's the cap rate 8.4% before the end of Year 1. Seller financing is available.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoppes at Longwood Station - Value Add

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,820 SF

ZONING

Commercial

APN/PARCEL ID

31-20-30-5AU-0000-1710

ASK ABOUT THIS PROPERTY

Sam GaslinLee & Associates Central FloridaMore Info
904-505-5282

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Sam GaslinLee & Associates Central FloridaMore Info
904-505-5282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.