5527 W COLONIAL DR Orlando, FL 32808

Great investment opportunity. The subject is located in the city of Orlando in Orange County and the area is characterized with various commercial and industrial businesses. 95+ feet along highway 50. Large commercial parcel, great income property approximately $51,000 a year in rent. The parcel also includes a leased Billboard from Clear Channel for additional $3,000 per year. Landlord pays taxes. Lease includes annual real estate tax adjustment and annual CPI adjustment. This masonry framed building is suited for any type of vehicle work; the shop carries 4 rollups and 6 bays with lifts along with 13-18 auto parking capability. This building is leased to an AAMCO until October of 2026. There are (3) 5 year lease renewal options, potentially extending the lease an additional 15 years. Given the tenants long tenure at this property with an established auto repair business, the probability of the tenant fulfilling this lease and all the options are endless.