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5909 Anno Ave

13,257 SF 100% Leased Retail Building Orlando, FL 32809 $5,102,892 CAD ($385 CAD/SF) 5.88% Cap Rate

Investment Highlights

  • Fantastic NNN Opportunity in a Growing Market
  • Potential to considerably increase the Cap Rate with higher/market rent
  • National Tenant with Lease in place through 2027. Corporate guaranty from Tenant

Executive Summary

Wilshire Advisory Group is excited to present a 13,257 SF single-tenant NNN industrial property, currently leased to Spiffy, Inc., located in the dynamic Orlando Airport/Edgewood submarket. Situated just north of Orlando International Airport (MCO), the property offers exceptional connectivity to State Road 528 and the Florida Turnpike. The tenant, Get Spiffy, Inc., is a rapidly expanding national company now operating in 38 U.S. markets. Backed by strong corporate support, Spiffy has raised $32 million in growth funding, including an additional $10 million secured on March 16, 2022. Positioned as a premier provider in the mobile automotive care and maintenance sector, Spiffy is well-positioned to capitalize on an industry projected to reach $250 billion by 2026.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
13,257 SF
Building Class
C
Year Built
2001
Price
$5,102,892 CAD
Price Per SF
$385 CAD
Cap Rate
5.88%
NOI
$299,993 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.63 AC
Zoning
C-3 - (Wholesale Commercial District - Unincorporated Orange County)
Parking
19 Spaces (1.43 Spaces per 1,000 SF Leased)
Frontage
210 ft on Anno

Amenities

  • 24 Hour Access
  • Corner Lot
  • Dedicated Turn Lane
  • Fenced Lot
  • Pylon Sign
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Storage Space
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-2324-8680-01-010
Land Assessment
$217,259 CAD
Improvements Assessment
$2,904,972 CAD
Total Assessment
$3,122,231 CAD
  • Listing ID: 34107765

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 5909 Anno Ave, Orlando, FL 32809

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