• Listing status icon

    $2,300,000

  • Active | MLS#: O5464954
  • 2,600Sq Ft
  • 1.98Acre

16959 E COLONIAL DR ORLANDO, FL 32820

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Overview

Established and Leased Gas/Convenience Store located in the middle of a major growth area. A true TRIPLE NET LEASE with the outstanding CIRCLE-K Corp. Located at the major intersection of East Colonial Dr. (Hwy 50) and Chuluota Rd. (419), cornered by Mc Donald's, Walgreens, Tractor Supply, Publix shopping center, BP, Burger King, 5/3 Bank and other stores. The TRUE initial CAP RATE is 6.3 % growing to 15.2% over the life of the lease. The initial NET INCOME stream is $145,480 per year with increases and NO COST. Located at the NE corner of E. Colonial Dr and Chuluota Rd., surrounded by shopping and food service. East Colonial is planed and under construction to be widened to Six lanes. There is a new 2300 home project in permitting with in 1/4 mile. There is a 3 sided pole sign included in the purchase.

Listing provided courtesy of: Premium Properties R.E Service

General Features

  • Property Style Food/Drink Sell/Service, Retail, Service/Fueling Station
  • County Or Parish Orange
  • MLS Area Major Orlando/Bithlo
  • Tax Year 2015
  • Taxes 16680
  • Township 22
  • Year Built 1985

Building Features

  • Property Status Existing
  • Air Conditioning Central
  • Ceiling Height 8 to 9 Feet
  • Freezer Space 1
  • Heatingand Fuel Central, Fuel - Electric
  • Miscellaneous Fuel Tanks, Gas
  • Roof Built Up - TandG
  • Sq Ft Heated 2,600
  • Property Use RETAIL COMMERCIAL
  • Total Number Buildings 1

Property Features

  • Exterior Construction Block
  • Front Footage 350
  • Location Activity Core/Center, Corner Lot, Street Paved
  • Lot # 8
  • Lot Size Acres 1.98
  • Lot Size Sq Ft 86265
  • Parking 13 to 18 Spaces
  • Road Frontage State Road
  • Total Acreage One + to Two Acres
  • Utilities Electric, Private sewer, Private water, Septic Tank, Telephone
  • Transportation Access County, Frontage, State Highway

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Price & Status History

Days on Market

  • This property has been listed on the market for 195 days

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 32820 (ORLANDO)

  • Housing Occupancy

    Home Owners
    1,018
    78%
    Renters
    244
    19%
    Vacant
    42
    3%
    Total Housing Units
    1,304
  • Households

    Average Household Size
    2.99
    Housing Density (People per square mile)
    254

Age Range (number of people)

Age 0-14
813
Age 15-24
527
Age 25-39
759
Age 40-59
874
Age 60-79
674
Age 80+
187
Total
3,834

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 32820 (ORLANDO)

Public Schools in Zip Code 32820 (ORLANDO)

* This list of schools may not match the property above.

  • CORNER LAKE MIDDLE
    1700 CHULUOTA RD ORLANDO, FL 32820
    Phone: 4075680510
    6th-8th
  • Grade Size Distribution
    • 6th
    • 461
    • 7th
    • 477
    • 8th
    • 462
    • Teachers: 84
    • Students per Teacher: 16.7
    • Students: 1400
    • Male/Female: 692/671
    • District: ORANGE, 445 WEST AMELIA ST ORLANDO, FL 32801
    • Phone: 4073173202
    • Schools: 264
    • Full-Time Teachers: 10975
    • Students per Teacher: 15.7
    • Staff: 21875
    • Students: 172257
  • COLUMBIA ELEMENTARY
    18501 CYPRESS LAKE GLYNN BLVD ORLANDO, FL 32820
    Phone: 4075682921
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 3
    • Knd
    • 165
    • 1st
    • 166
    • 2nd
    • 168
    • 3rd
    • 200
    • 4th
    • 152
    • 5th
    • 165
    • Teachers: 64
    • Students per Teacher: 15.9
    • Students: 1019
    • Male/Female: 500/497
    • District: ORANGE, 445 WEST AMELIA ST ORLANDO, FL 32801
    • Phone: 4073173202
    • Schools: 264
    • Full-Time Teachers: 10975
    • Students per Teacher: 15.7
    • Staff: 21875
    • Students: 172257

* School data provided by US Department of Education


Listing information provided in part by the IDX Program of MFRMLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 3/25/2017 3:38 AM PST.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.



* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional