6034 Orange Blossom Trl Orlando, FL 32809

Property Details for 6034 Orange Blossom Trl

Year built

1982

Lot size

0.57 lot acres

Property size

2,432 SF

Zone code

C-1

Property type

Auto shops

APN

22-23-29-8168-01-180

APU

222329816801180

Description

This exceptional Class A, fee-simple investment opportunity presents a 850 square foot Jiffy Lube located on a 0.57-acre lot at 6034 S Orange Blossom Trl, Orlando, FL 32809. The property boasts a strong 100% occupancy rate with a highly favorable Absolute NNN lease in place with Jiffy Lube, guaranteed by South Bay Lube, Inc., Florida's largest Jiffy Lube operator. The lease, expiring August 30, 2034, offers a remaining term of approximately 9.8 years with built-in 2% annual rent increases, providing excellent inflation protection. The property generates a substantial NOI of $76,980, representing a 5.15% cap rate on the $1,495,000 asking price. Situated in a high-traffic area (50,500 vehicles per day) along Orange Blossom Trail, this location benefits from its proximity to major retailers like Walmart, Walgreens, and more. The surrounding area demonstrates robust demographics, with over 217,000 people residing within a 5-mile radius and an average annual household income exceeding $75,000. The property was built in 1995 and offers lease options for 3 or 5 years. This is a prime investment opportunity in a rapidly growing market, projected to experience nearly seven percent population growth within a 5-mile radius between 2023 and 2028. The property is suitable for a 1031 exchange.