Current Use by Public Records
- Cocinita Wheels / Restaurant
- Twelve Talons Beerworks / Production Facility / Brewery & Distillery
Property Details for 2807 South St
- Year built
- 2022
- Lot size
- 0.30 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
Exceptional triple-net lease investment opportunity in Orlando's desirable Milk District. This 3,272 square foot, single-story building, constructed in 2022, boasts a 6.25% cap rate and a strong NOI of $109,453. The property sits on a 0.3-acre lot and includes 15 dedicated parking spaces, exceeding 4.6 spaces per 1,000 square feet. The current tenant operates under a full triple-net lease, ensuring all expenses are passed through, including property management. The building features a newly installed roof (2022) with a 5-year warranty, a newly installed grease trap with over 250-gallon capacity, and current occupancy permits seating for over 60 patrons. The property is zoned MU-1/T/AN and presents a compelling opportunity for long-term investors seeking a low-maintenance, high-return investment with potential for future value-add improvements. The property's strong market appeal and existing infrastructure, including ample parking and a large grease trap, contribute to its significant investment potential. The asking price is $1,751,040, translating to $535.16 per square foot. This is a 100% occupied, stabilized investment with a proven track record.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.3468
- Latitude
- 28.539
