Published on: Wednesday, July 10, 2024
Updated on: Thursday, October 31, 2024
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About the Lister
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Name: Vladimir F. Golik
Company: Miami Commercial Group
Office Phone: (305) 431-2785
Cell Phone: 305-431-2785
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Financing  Business  Material
  Single tenant triple net lease
13500 S John Young Parkway Orlando Florida , 32837
13500 S John Young Parkway Orlando Florida                                                                                             , 32837  Miami Commercial Group
Listing ID: CL-Florida-10894

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.5
Net Operating Income: $199,422
Commission Split (%): 2
Quick Glance
Listing ID: CL-Florida-10894
Status: Off the market
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2007
Building Size: 6,264.00 SqFt
Lot Size: 13,672.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: Yes
Building Status: Existing
Listing Summary
Miami Commercial Group of KW Commercial is pleased to present the exclusive listing of the retail building leased to King Crab Restaurant at 13500 South Young Parkway, Orlando, Florida 32837.
Complete Details
Year Build: 2007
Building Size: 6,264 SqFt.
No of Stories: 1
Total Lot Area: 13672 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: B
Property on Ground Lease?: Yes
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Miami Commercial Group of KW Commercial is pleased to present the exclusive listing of the retail building leased to King Crab Restaurant at 13500 South Young Parkway, Orlando, Florida 32837. The building measures 6,246 square feet, and the lot size is 13,672 square feet. This offering is a Triple Net (NNN) retail restaurant for sale in Orlando, Florida. This property is ideal as a cash flow investment and attractive as a 1031 Tax Exchange option. The tenant is a privately owned company that operates King Crab Seafood and Bar Restaurant. King Crab is subject to a ten-year, triple net lease (NNN), with roughly seven years remaining, and minimal landlord responsibilities. The rent is scheduled to increase by two percent (2.0%) annually, including two, 5-year tenant renewal options, bringing the total term to 17 years. The location benefits from being in a high-traffic area on a six-lane street, and a signalized intersection into the Neighborhood Center. There is a strong retail presence surrounded by national, regional, local tenants, shopping centers, malls, and hospitality accommodations. Major tenants in the immediate area are Chase Bank, Walgreens, Western Union, Baskin Robins, Starbucks, 7-Eleven, and many more.
Additional Properties
Property Tenants
  • King Crab Orlando, LLC
Property Highlights
  • King Crab is subject to a ten-year, triple net lease (NNN), with roughly seven years remaining, and minimal landlord responsibilities
  • . There is a strong retail presence surrounded by national, regional, local tenants, shopping centers, malls, and hospitality accommodations.
  • The rent is scheduled to increase by two percent (2.0%) annually, including two, 5-year tenant renewal options, bringing the total term to 17 years.
Listing Location
Attached Documents
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Created On: 1/6/2025
Modified On: 1/6/2025
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Category: Special Purpose - Special Purpose (Other)
Status: Active
Created On: 1/6/2025
Modified On: 1/6/2025
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Created On: 11/30/2024
Modified On: 11/30/2024
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Listing ID: RL-Florida-12410
Listing Type: Residential
Category: Residential Type - Condo/Townhouse
Status: Active
Created On: 10/12/2024
Modified On: 10/18/2024
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Listing ID: CL-Florida-10926
Listing Type: Commercial +Lease
Category: Office - Medical Office
Status: Active
Created On: 7/12/2024
Modified On: 7/12/2024
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