Best Buy NNN Property For Sale — Orlando, FL
9537 W Colonial Dr, Orlando, FL 34761
This Best Buy property presents an exceptional opportunity for investors seeking a stable, absolute triple net leased asset. Located in Ocoee, a rapidly growing suburb within the Orlando–Kissimmee–Sanford Metropolitan Area, the property benefits from high visibility on West Colonial Drive (S.R. 50) and convenient access to major highways. The area has experienced significant retail revenue growth and population expansion, making it a desirable investment location. The property is situated adjacent to West Oaks Mall, a large super-regional mall, and is poised to benefit from the ongoing West Oaks Town Center development, a mixed-use project expected to enhance the area's commercial vitality and property values. The building, constructed in 2000, spans over 45,000 square feet on 4.03 acres,…
- Address: 9537 W Colonial Dr, Orlando, FL 34761
- Asking price $10.50M
- 6.20% cap rate
- NOI $650,391
- 2 years remaining
- NNN lease
- Year built: 2000
- Building size: 44,988 SF
- Lot size: 4.03 acres
- Lease expiration: Oct 11, 2020
- Rent increases: 10/2020 - 10/2025: $669,903.00; 10/2025 - 10/2030: $690,000.00; 10/2030 - 10/2035: $710,700.00
- Guarantor: Corporate
Location
This Best Buy property is at 9537 W Colonial Dr in Orlando, Florida.
Asset type: Retail