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13500 S John Young Parkway

Orlando, FL 32837
  • $3,500,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: A11302016
UPDATED: 49 min ago
$3,500,000
  • 0
    BEDS
  • 0.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2007
County:

School Ratings & Info

Description

The land consists of 32,837 total SF (3/4 of an acre). The building space sits on 6,264 square feet. King Crab is subject to a ten-year, triple net lease (NNN), with roughly eight years remaining, and minimal landlord responsibilities. The rent is scheduled to increase by two percent (2.0%) annually, including the option to extend the original lease with two, 5-year options, bringing the total term to 18 years. This is a choice location. The Subject Property benefits from being in a high-traffic area on a six-lane street, and a signalized intersection into the Neighborhood Center. There is a strong retail presence surrounded by national, regional, local tenants, shopping centers, malls, and hospitality accommodations. South of highway 417 (Central Florida Greene Way) exit 10.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-29T12:51:29.023.
www.bettersouthfloridahomes.com/homes/134777797
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13500 S John Young Parkway Orlando, FL 32837

  • Price: $3,500,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 49 min ago
  • MLS #: A11302016
0
Beds
0
Baths
0
½ Baths
0.75
Acres
2007
Built
County:
Orange
Property Description
The land consists of 32,837 total SF (3/4 of an acre). The building space sits on 6,264 square feet. King Crab is subject to a ten-year, triple net lease (NNN), with roughly eight years remaining, and minimal landlord responsibilities. The rent is scheduled to increase by two percent (2.0%) annually, including the option to extend the original lease with two, 5-year options, bringing the total term to 18 years. This is a choice location. The Subject Property benefits from being in a high-traffic area on a six-lane street, and a signalized intersection into the Neighborhood Center. There is a strong retail presence surrounded by national, regional, local tenants, shopping centers, malls, and hospitality accommodations. South of highway 417 (Central Florida Greene Way) exit 10.
Exterior Features

Inclusions Building & LandLeasesEquipmentLeases Lot Features City Location Parking Features CommonFree Parking Pool Private YN No Road Frontage Type County RoadMain Thoroughfare Roof Composition Roll View YN No Waterfront YN No

Interior Features

Building Area Total 6264 Cooling Central Building A/C Flooring Tile Heating Central Electric Heating YN Yes Stories 1

Property Features

Accessibility Features Handicap Parking Association YN No Building Name King Crab Business Type Restaurant/Bar Cooling YN Yes Documents Available Aerial Photo(S)Copy Of Lease(S)PhotosRent Rolls Horse YN No Land Lease YN No Lease Considered YN Yes Lease Term 7-10 Year Lease Listing Terms Options AvailableLease Purchase New Construction YN No Ownership Corporation Security Features Other Fire ProtectionSmoke AlarmSmoke Detector(S) Senior Community YN No Sewer Public Sanitation Special Listing Conditions Sale Structure Type CommercialFree Standing Tenant Pays A/C & Heating MaintenanceCommon Area MaintenanceFire Liability InsuranceReal Estate TaxTrash CollectionWater Water Source Public Year Built Details Resale Zoning Commercial

Listing courtesy of Keller Williams Realty Premier Properties: 305-595-2844.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-29T12:51:29.023.
 
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United Realty Group
1361 Sawgrass Corporate Parkway #200
Sunrise FL, 33323