5245 W Irlo Bronson Memorial Hwy
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5245 W Irlo Bronson Memorial Hwy
12,524 SF Office Building Kissimmee, FL 34746 $3,500,000 ($279/SF) 6.81% Cap Rate
Investment Highlights
- 34933 Cars Daily. Ideally Situated Along W IRLO BRONSON MEMORIAL HWY | I4 | N PONCIANA BLVD.
- Building HIGHLY EXPOSE TO PEDESTRIANS considering the hotel behind.
- REMODELED in 2017 | You are buying 8 FOLIOS.
- INCOME PRODUCING PROPERTY close to the parks.
- LONG TERM Leases and SHORT TERM Rentals, Meeting Rooms, Workstations, Conference Room.
- FULL RESTAURANT Included in the Building Purchase.
Executive Summary
You have the option to purchase the full package of 8 units, totaling 12,524 square feet. This comprehensive package includes:
- **Unit 5**: A restaurant, ready to open or operate immediately.
- **Unit 6**: Designated for kitchen storage, enhancing the operational capacity of the restaurant or any catering service.
- **Unit 7**: A fully operational kitchen, equipped with all necessary kitchen supplies, ideal for immediate use.
The total package is priced at **$3,500,000**.
**Flexible Purchase Options**:
- **Individual Units**: You can buy the units separately, allowing for tailored investment or expansion according to your business needs.
- **Multiple Listings**: Additionally, there's the opportunity to acquire other listings within the same building, such as listings O6246629, O6246620, O6246614, O6246602, O6246589, O6246200, O6246172, and O6246151. This provides a unique opportunity for investors looking to expand or consolidate their property holdings.
Whether you're interested in a single unit or the entire property, this offer presents a versatile investment opportunity for various business operations.
- **Unit 5**: A restaurant, ready to open or operate immediately.
- **Unit 6**: Designated for kitchen storage, enhancing the operational capacity of the restaurant or any catering service.
- **Unit 7**: A fully operational kitchen, equipped with all necessary kitchen supplies, ideal for immediate use.
The total package is priced at **$3,500,000**.
**Flexible Purchase Options**:
- **Individual Units**: You can buy the units separately, allowing for tailored investment or expansion according to your business needs.
- **Multiple Listings**: Additionally, there's the opportunity to acquire other listings within the same building, such as listings O6246629, O6246620, O6246614, O6246602, O6246589, O6246200, O6246172, and O6246151. This provides a unique opportunity for investors looking to expand or consolidate their property holdings.
Whether you're interested in a single unit or the entire property, this offer presents a versatile investment opportunity for various business operations.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Building Size
12,524 SF
Building Class
C
Year Built/Renovated
1973/2017
Price
$3,500,000
Price Per SF
$279
Cap Rate
6.81%
NOI
$238,484
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,524 SF
Building FAR
0.05
Lot Size
5.52 AC
Zoning
CT - Commercial Tourist (CT). The commercial district implements the Tourist Commercial and Short Term Rental, intense tourist related housing.
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Restaurant
- Partitioned Offices
- Air Conditioning
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Presented by
Rafael Jarauta PA
5245 W Irlo Bronson Memorial Hwy
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