TCi Tire Center

9831 South Orange Ave - Orlando Florida 32824

LTV (Loan to Value) 65.00% Current NOI $174,000.00
Interest Rate 4.250% Capital Rate 7.000%
Fixed Term 10 Years Land Area 4.71 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $1,615,900.00 Property Type Industrial
Payment $8,753.95 Property Lease Warehouse
Bulding Size 29,970 SF Remaining Terms 8 Years

Location Description

NNN Lenders is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase an industrial property located in Florida (the “Property”). The Property is leased to TCi Tire Center. The property totals 29,970 square feet and 4.71 acres. It is operating under a ten (10) year lease offering one (1), five (5) year option period after the base lease term. The lease is NNN with no landlord responsibility and features attractive rental increases.

Highlights

Long-Term Lease – The lease features a base lease term of ten (10) years NNN Lease Structure – Lease feature…

Property Description

Orlando is an international business center. While Orlando is renowned worldwide for its tropical climate and relaxed lifestyle, the region also is one of the top 10 locations in the country for business. From corporate headquarters to regional distribution centers, from product manufacturing to high tech research, the region of Orange, Seminole, Lake and Osceola counties and the City of Orlando spans a dynamic economic spectrum. Downtown draws businesses of all types and especially corporate headquarters. Some of those that have selected downtown Orlando include BBA Aviation, Signature Flight Services, CuraScript and Indra Systems, Inc.