5316 E Colonial Drive, Orlando, FL 32807

$2,225,000
11,865
SqFt
List Price
$2,225,000
Status
Active
Days on Market
19
Price Change
▼ $25,000 1511228720
MLS#
O5544860
Year Built
1970
Living Area
11,865
Lot Size
138,267
Acres
3.17
Total Acreage
One + to Two Acres
MLS Area Major
Orlando/Azalea Park/Park Manor

Property Description

<<< DO NOT DISTURB TENANT >>> Currently an Enterprise Rent-A-Car & Car Sales location, this property is comprised of two buildings that totals of over 9,000 rentable square feet and approximately 2 usable acres in Orlando, Florida. This gorgeous lake front property located at State Road 50 (E. Colonial drive) near Semoran Blvd. SR 50 benefits over 60,000 vehicles daily. This property also has frontage of approximately 470 linear feet on SR 50. Enterprise recently exercised its first renewal option and has 2 more years remaining plus additional two, five-year renewal options with three percent annual rent increases. Landlord has minimal responsibilities of roof and structure. This is a perfect investment opportunity with a great Tenant and location.

Additional Information

Taxes
$18,869
Location
Activity Core/Center, In City Limits, On Bus Line, Street Paved, Waterfront
Zoning
C-2
Utilities
City Water, Electric, Public Sewer
Air Conditioning
Central
Exterior Construction
Metal, Modular
Roof
Flat
Parking
Over 30 Spaces
Water View
Lake
Water Access
Lake
Flood Zone Code
AE

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Simplicity: A RE Brokerage Co.

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