Four-suite commercial property generating $238,491 NOI at 6.45% cap rate. 100% leased to established tenants with staggered expirations through 2028; anchor tenant (recreation) secured through 2030 with renewal options. All leases include NNN structure with CAM recovery and 3–4% annual escalations. Carlitos Tire recently extended through 8/31/28. Highway 17-92 frontage provides established commercial visibility. Masonry construction, 16,220 SF, 1.17 acres, 21 parking spaces. Built 2007. For experienced NNN investors and 1031 exchangers.
Property Details
Property Features Property Features
MLS ID: MFRO6431922 Year Built: 2007
Building Features: Bathrooms, Common Lighting, Reception Construction Materials: Metal Siding
Cooling: Central Air Country: US
County Or Parish: Seminole Flooring: Epoxy, Laminate, Tile
Foundation Details: Slab Heating: Central, Electric
Income Includes: Rent Only Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Commercial Financing
Lot Features: Landscaped, Near Public Transit, Oversized Lot, Retention Areas, Sidewalk, Street Lights Occupant Type: Tenant
Parking Features: Ground Level, Lighted, Public Parking Possession: Close Of Escrow
Property Sub Type: Industrial Property Type: Commercial Sale
Road Frontage Type: County Road Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt Sewer: Public Sewer
Showing Requirements: Appointment Only Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected Vegetation: Trees/Landscaped
Water Source: Public
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