3800-3822 Edgewater Dr - Freestanding FOR SALE


Orlando, FL 32804
$3,130,000 USD
407-403-4165
3800-3822 Edgewater Dr, Orlando, FL for Sale
$3,130,000 USD
Freestanding - FOR SALE
1/20
null | Request Cap Rate

Jan '25


3800-3822 Edgewater Dr
Orlando, FL 32804


HIGHLIGHTS

  • Value Add Opportunity
  • Frontage on Edgewater Dr.
  • City Water and Sewer
  • 43 Parking Spaces

OVERVIEW

The Oaks shopping center located in the Business District of College Park, offers a mix of retail and office space. With multiple long-term tenants, this well-maintained building provides a stable income stream with substantial value add opportunity. Through value add initiatives , the projected cap rate in 1-2 years is 7%. This building offers 8 units with 5 current tenants fully occupying the leasable space. 3,211 Sq Ft of Restaurant space will be available to lease at market rate as of 1/1/2025. Tenants are responsible for interior buildouts, offering flexibility for customization. The property enjoys a prime location, situated directly across from Bishop Moore High School and near Edgewater High School. Frontage on Edgewater Dr and entrances on Arthur Ave and Webster St provide convenient access. Zoned MU-1/W/RP/SP/AR, the property allows for various commercial uses. Built in 1985 and updated since, this property features 9,867 square feet of leasable area and an additional 1,248 square feet of canopy area, totaling 11,115 square feet

FOR SALE DETAILS

PRICE

$3,130,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Oaks Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

CROSS STREETS

Arthur St

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

C-1

APN/PARCEL ID

29-2210-8828-04-100

ASK ABOUT THIS PROPERTY

Ashley PunDeniz Realty Partners LlcMore Info
407-403-4165

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Ashley PunDeniz Realty Partners LlcMore Info
407-403-4165

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