N Magnolia Ave, Orlando, FL 32801
Conventional restaurants
- Added:
- May 14, 2024
- Days on Market:
- 787
- Last Refresh:
- Jun 28 at 12:03 pm
Property Features for N Magnolia Ave
General Information
- Standard status
- Active
- Size
- 3,629 SF
- Property subtype
- Retail
Listing office TRUST REALTY CORPORATION (407) 300-6168
Listing date May 14, 2024
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 TRUST REALTY CORPORATION
HighLights
- Prime Downtown Orlando location attracts both locals and tourists.
- Established pizzeria with authentic Italian recipes and modern flavors.
- Loyal and growing clientele with a strong social media presence and online reputation.
- Cozy, family‑friendly atmosphere offering pizzas, pastas, salads, and wines.
- Fully equipped and ready for a new owner to take over.
- Well‑trained team in place.
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 | $105.4k | $29.04 |
| − Vacancy | −$3.6k | −$0.99 |
| EGI | $101.8k | $28.05 |
| − OpEx | −$25.5k | −$7.01 |
| NOI | $76.4k | $21.04 |
Alternative Uses
Current Use by Public Records
Map
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.3777583
- Latitude
- 28.5419427
