NNN Retail Building with Multiple
20 S ORANGE AVE Orlando, FL 32801
20 S ORANGE AVE, Orlando, FL, 32801
Contact for pricing
For Sale
Contact for pricing
NNN investment with three established tenants on highly trafficked Orange Ave frontage in downtown Orlando.
Property Size8,289 SF
Price / SF$589.94
Days on Market55
Property Features for 20 S ORANGE AVE
General Information
- Standard status
- Active
- Size
- 8,289 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1888
Listing agency
Engel & Völkers New Smyrna Beach
(352) 267-4244
Listed by
Chris Pixley · License #SL3236442
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 9:45AM
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 Engel & Völkers New Smyrna Beach
Investment Insights
Based on property information with market context.
This NNN commercial property is a retail-focused building totaling 8,289 RSF. It is presented as a leased investment anchored by three established tenants, with the operating metrics in the remarks indicating approximately a 6.37% cap rate and more than $311,000 in NOI, supporting a low-maintenance ownership profile.
Located at 20 S Orange Ave in downtown Orlando, the building is positioned on Orange Ave for prominent street exposure. The provided information highlights heavy pedestrian activity in the area and proximity to major downtown employers, entertainment venues, and transit options.
For buyers, the combination of an NNN structure and multiple in-place tenants may be an attractive fit for those seeking a retail investment with reported income performance and an operational approach designed to reduce landlord involvement. Tenants and brokers evaluating the site will find a downtown storefront building configuration with direct Orange Ave visibility intended to serve a broad urban customer base.
Located at 20 S Orange Ave in downtown Orlando, the building is positioned on Orange Ave for prominent street exposure. The provided information highlights heavy pedestrian activity in the area and proximity to major downtown employers, entertainment venues, and transit options.
For buyers, the combination of an NNN structure and multiple in-place tenants may be an attractive fit for those seeking a retail investment with reported income performance and an operational approach designed to reduce landlord involvement. Tenants and brokers evaluating the site will find a downtown storefront building configuration with direct Orange Ave visibility intended to serve a broad urban customer base.
Key Highlights
- NNN commercial investment in downtown Orlando with three established tenants
- 7,821 RSF commercial building built in 1888
- Orange Ave frontage in the heart of downtown Orlando
Local Financial Insights For 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 | $240.7k | $29.04 |
| − Vacancy | −$8.2k | −$0.99 |
| EGI | $232.5k | $28.05 |
| − OpEx | −$69.8k | −$8.42 |
| NOI | $162.8k | $19.64 |
8,289 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.33M
$2.03M – $2.71M
NOI $162,770 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.67M
$2.34M – $3.12M
NOI $186,912 @ 7.0% cap · market cap 3.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Louis Law Group
Law Firm
ClassAction.com
Law Firm
Credit Army™️
Financial Advisor
Radixx
(Bike/Boat/Book/etc) Store
informulate
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - NNN investment with three established tenants on highly trafficked Orange Ave frontage in downtown Orlando.
Where is this nnn property located?
The property is located at 20 S ORANGE AVE Orlando, FL.
What is the asking price?
The asking price for this property is $4,890,000.
What are key features of this property?
This property features: NNN commercial investment in downtown Orlando with three established tenants; 7,821 RSF commercial building built in 1888; Orange Ave frontage in the heart of downtown Orlando
