1200 S French Ave, Sanford, FL 32771
Premier nightclub with established history, stage, dance floor, and VIP balcony.
- Added:
- Jun 29, 2022
- Days on Market:
- 1442
- Last Refresh:
- May 19 at 8:51 pm
Property Features for 1200 S French Ave
General Information
- Standard status
- Active
- Size
- 15,590 SF
- Lot size
- 3.38 Acres
- Property subtype
- Retail
Listing agent Scott Taylor License #BK674590
Listing office Florida Premier Realty Group Inc
Listing date Jun 29, 2022
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Florida Premier Realty Group Inc
HighLights
- Established Country Western Venue: Famous nightclub hosting award‑winning Country Music Artists.
- High‑Capacity: Large stage and dance floor, 3 bar locations, and a VIP balcony.
- Multiple Revenue Streams: Hosts live music and truck pulls.
- Significant Land Parcel: Includes 3.38 acres across 4 parcels.
- Sizeable Building: Features a 15,590 square foot building.
- Prime Location: A local destination in a great location.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $424.7k | $27.24 |
| − Vacancy | −$23.8k | −$1.53 |
| EGI | $400.9k | $25.71 |
| − OpEx | −$100.2k | −$6.43 |
| NOI | $300.7k | $19.29 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Airport bolling lanes — Sanford, FL 32771
- Paloma Hookah Lounge & Club — 214 S Oak Ave, Sanford, FL 32771
- George's Tavern — 1011 S French Ave, Sanford, FL 32771
- Mama Coot's Place — Sanford, FL 32771
- Momma's Place — 1013 Historic Goldsboro Blvd, Sanford, FL 32771
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.2734327
- Latitude
- 28.8015254
