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Restaurants and Bars
$3,054,859
$3,500,000
13%
13500 S John Young Parkway Orlando, FL

A11302016

41 of 64 for Sale
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an agent
  • Listed On:

    Nov 14, 2022
  • Days on Market:

    526
  • Year:

  • Taxes:

    n/a
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

    Common, Free Parking

13500 S John Young Parkway Orlando, FL Miami Commercial Group of KW Commercial is pleased to present a Triple Net (NNN) retail restaurant for sale in Orlando, Florida. This property is ideal as a cash flow investment and attractive as a 1031 Tax Exchange option as well. The tenant is a privately owned company that operates King Crab Seafood and Bar Restaurant. 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 two, 5-year tenant renewal options, bringing the total term to 18 years. This choice location benefits from being in a high-traffic area, on a six-lane street, and a signalized intersection into the Neighborhood Center.

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