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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.
| DAYS ON MARKET | 200 | LAST UPDATED | 1/20/2023 |
|---|---|---|---|
| YEAR BUILT | 2007 | COMMUNITY | 5940 Florida Other |
| COUNTY | Orange | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 5940 Florida Other |
| HEAT | CENTRAL, Electric |
| LOT | 0.754 acre(s) |
| PARKING | Common,Free Parking,Handicap |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Detached |
| WATER | Public |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Keller Williams Realty Premier Properties
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