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Mountain Express

901 West Michigan Street, Orlando, FL, USA
$4,819,736 4.75% Cap 4,888 sq ft Representative Photo Print This Page

Location

901 West Michigan Street, Orlando, FL, USA

Price: $4,819,736
Cap Rate: 4.75%
Net Operating Income: $228,937
Square Footage: 4,888

100% Fee Simple InterestAbsolute NNN LeaseAnnual IncreasesCorporate GuaranteeIncome Tax Free StateLocated on a Major Commercial ThoroughfareStrong and Experienced OperatorSurrounded by Major RetailersZero Landlord Obligations

This is an absolute net leased C-Store offering in Orlando, Florida. This Chevron branded station has a new 20 year absolute NNN lease and calls for 1.75% annual increases in rent. The lease is corporately guaranteed by a leading 700-unit operator.

Orlando is a city in the U.S. state of Florida and is the county seat of Orange County. In Central Florida, it is the center of the Orlando metropolitan area, which had a population of 2,509,831, according to U.S. Census Bureau figures released in July 2017, making it the 23rd-largest metropolitan area in the United States, the sixth-largest metropolitan area in the Southern United States, and the third-largest metropolitan area in Florida. As of 2019, Orlando had an estimated city-proper population of 287,442, making it the 71st-largest city in the United States, the fourth-largest city in Florida, and the state’s largest inland city.

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