Vicki Thomas - Coldwell Banker Tony Hubbard
1400 W 1st Street #1482
SANFORD, FL 32771

$2,289,000

Description

GREAT INVESTMENT OPPORTUNITY!!! LEXINGTON PLAZA is conveniently situated next to the CENTRAL FLORIDA REGIONAL HOSPITAL, the NEUROHEALTH SCIENCE CENTER and many more Medical facilities. Located in the heart of Sanford and only minutes from the Orlando/Sanford International Airport. This well-maintained shopping center is currently 82% lease and soon to be 100% starting August 1, current CAP rate at 9.2% and soon to be 9.83%, with 10% vacancy rate, without vacancy rate cap at 10.92% with ample parking, good exposure, outstanding visibility, pylon signage and strong demographics that includes traffic count exceeding 30K daily. Take advantage of this ever-increasing real estate growth in Central Florida, with an incredible value found in this investment.

Details

MLS#O5716128
StyleIndustrial
Sub-TypeResale
StatusActive
Year2009
Days On Site121

Features

SQ Feet19,156
Story(s)1
ZoningGC2

Market Activity 32771

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Area Information

StateFL
CountySeminole
CitySANFORD
Zip Code32771
Area32771 - Sanford/Lake Forest
Listing VS Median (in 32771)
Price:
$2,289,000
low | high
Med:
$250,000
100% of Average
SqFt:
19,156
low | high
Med:
1,718
100% of Average
$ / SqFt:
$119
low | high
Med:
$146
28.22002379147% of Average
On Site:
121
low | high
Med:
30
100% of Average
Listing Updated: 10/19/2018
MLS Number: O5716128
Listing Provided By:
Dilson Caputo  of  DILSON CAPUTO INTNL R. E. CORP

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