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Auction:12/14 - 12/16: Orlando NNN Walgreen
5280 John Young Parkway, Orlando, FL 32839, Orlando FL 32839
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Highlights

  • Starting Bid: $1,500,000
  • Bidding: 12/14 - 12/16

Description

Auction.com is pleased to present 5280 S John Young Pkwy., Orlando, Florida which is a leasehold interest in 100% absolute net leased Walgreens. There are ? 5 years remaining on the initial 20 year lease, with the NN lease with few obligations. The tenant has the right to extend the lease for up to 25 years through 5 years to renew. The 15,120 SF Walgreens stone was built in 1999. Orlando is a city in the U.S. state of Florida, and the county seat of Orange County. Located in Central Florida, it is the center of the Orlando metropolitan area, which had a population of 2,134,411 at the 2010 census, making it the 26th largest metropolitan area in the United States, the sixth largest metropolitan area in the Southern United States, and the third largest metropolitan area in the state of Florida. In 2010, Orlando had a city-proper population of 238,300, making it the 77th largest city in the United States, the fifth largest city in Florida, and the state's largest inland city.Orlando is nicknamed "The City Beautiful" and its symbol is the fountain at Lake Eola.

Orlando is also known as "The Theme Park Capital of the World" and in 2014 its tourist attractions and events drew more than 62 million visitors. The Orlando International Airport (MCO) is the thirteenth busiest airport in the United States and the 29th busiest in the world.As the most visited American city in 2009, Orlando's famous attractions form the backbone of its tourism industry: Walt Disney World Resort, located approximately 21 miles (34 km) southwest of Downtown Orlando in Lake Buena Vista, opened by the Walt Disney Company in 1971; the Universal Orlando Resort, opened in 1999 as a major expansion of Universal Studios Florida; SeaWorld; Gatorland; and Wet `n Wild. With the exception of Walt Disney World, most major attractions are located along International Drive. The city is also one of the busiest American cities for conferences and conventions.

Broker Contact Info

Cyrus KhadiviDavid Kelso Tabitha Satterfield
auction.com
(917) 520-6273

Additional Details
Type:
retail
Sub-Type:
retail (other)
Sq Foot:
15120
Category:
Office
Sale Type:
For Sale
Building Size:
15120