Landstar Business Center Retail
13466 Landstar Blvd Units 102 & 103 Orlando, FL 32824
13466 Landstar Blvd Units 102 & 103, Orlando, FL, 32824
$878,000
For Sale
$878,000
Retail condo in Landstar Business Center with established tenant.
Property Size3,300 SF
Price / SF$266.06
Days on Market146
Property Features for 13466 Landstar Blvd Units 102 & 103
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2010
Listing agency
(407) 341-0805
Listed by
Paul P. Partyka, CCIM, MiCP, CIPS
(407) 341-0805
Source
Naiglobal
Added: Feb 26 Updated: Jul 10 at 3:55PM Checked: Jul 22 at 5:01AM
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 Paul P. Partyka, CCIM, MiCP, CIPS
Investment Insights
Based on property information with market context.
This 3,300± square foot business condo is located in the Landstar Business Center. The current tenant is Nella's Bakery, Restaurant & Market, operating with a 5.8% cap rate and over 6 years remaining on the lease and options. Ample parking is available. The building was fully renovated within the last 2 years. The unit is adjacent to Mavis Tires. Dunkin Donuts, Extra Space Storage, and Kids R Kids are also located in the same center. The property is near Florida's Turnpike and SR 417 (GreeneWay), benefiting from great exposure with an average annual daily traffic count of 27,500. Monument signage is available. The property is surrounded by dense residential development. Seller financing is available for a qualified buyer.
Key Highlights
- 5. 8% cap rate with 6+ years left on lease & options
- Located in the Landstar Business Center with high‑traffic exposure (27,500 AADT) and monument signage
- Current tenant is Nella's Bakery, Restaurant & Market
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 | $95.8k | $29.04 |
| − Vacancy | −$3.3k | −$0.99 |
| EGI | $92.6k | $28.05 |
| − OpEx | −$23.1k | −$7.01 |
| NOI | $69.4k | $21.04 |
3,300 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$991.9K
$867.9K – $1.16M
NOI $69,430 @ 7.0% cap · market cap 7.91%
Second Best
Retail
$925.7K
$810.0K – $1.08M
NOI $64,802 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$1.03M
$903.9K – $1.21M
NOI $72,310 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nonna's Meat Market
Grocery & Convenience Store
Oliveira's Market
Grocery & Convenience Store
Tuffy Tire & Auto ...
Auto Repair Shop
Intoxalock Ignition Interlock
Building Supply
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail condo in Landstar Business Center with established tenant.
Where is this retail space located?
The property is located at 13466 Landstar Blvd Units 102 & 103 Orlando, FL.
What is the asking price?
The asking price for this property is $878,000.
What are key features of this property?
This property features: 5. 8% cap rate with 6+ years left on lease & options; Located in the Landstar Business Center with high‑traffic exposure (27,500 AADT) and monument signage; Current tenant is Nella's Bakery, Restaurant & Market
