562 BOWNESS AVENUE Ocoee, FL 34761
Turn key Rental, Perfect for 1031 buyer with 8% cap rate. Commercial Warehouse/office for sale. There are two buildings total, first one is a 1,210 sq ft office, very nicely remodeled and well taken care of. The second is a 2019 1800 sqft steel warehouse with 4 bays thats currently being used as storage. The seller will leaseback the business with a 5 year lease and 5 year option at $5000 per month NNN lease, with 3% rent escalations built in. Lease terms are flexible as well if needed to be changed. Ocoee is one of the best and fastest growing locations in Orlando with very close proximity to the 429, 408, and Florida Turnpike. Zoning uses include, retail, bakery, real estate offices, restaurants, florist, shoe repair, Electric appliance stores and repairs, Department and furniture stores, medical and dental offices, etc.

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Price History
date | event | price | source |
---|---|---|---|
01/13/2023
01/13/2023
|
Sold |
$625,000
|
Stellar MLS (My Florida) |
01/07/2023
01/07/2023
|
Pending |
$723,000
|
Stellar MLS (My Florida) |
01/02/2023
01/02/2023
|
Active |
$723,000
|
Stellar MLS (My Florida) |
12/19/2022
12/19/2022
|
Active |
$725,000
|
Stellar MLS (My Florida) |
11/08/2022
11/08/2022
|
Active |
$750,000
|
Stellar MLS (My Florida) |
10/31/2022
10/31/2022
|
Pending |
$750,000
|
Stellar MLS (My Florida) |
10/26/2022
10/26/2022
|
Active |
$750,000
|
Stellar MLS (My Florida) |
Market Trends
Source: Constellation1
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