6.7% Cap Investment Opportunity in Major Orlando Retail Corridor

926 Mills Ave, Orlando, Florida 32803

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Property Description

PRICE REDUCED $2,699,000 (6.7% cap rate on in-place NOI)
Cash flowing retail investment in the heart of Red Hot Mills/50
Anchored by popular craft cocktail bar Death in the Afternoon since 2021
Two exciting new tenants bring total rent roll to $15,000/month ($180,000 annual NOI)
Block building is 4,800 SF total, split into 3x 1,600SF bays
All spaces have been renovated in the last 5 years
Unrivalled walkability on one of Orlando’s most desirable retail corridors
Six private parking spaces behind the building plus ample street parking
City of Orlando offers many grant opportunities for façade improvements
Parking lot at 1000 N Mills now available for purchase! Open unlimited possibilities with a dedicated parking lot 340’ from 926 N Mills – Call Broker for more info

Basic Details
Sale Price:
$2,699,000
Square Footage:
4,800 Sqft
Lot Area:
0 Sqft
Property Type:
Retail
Zoning:
MU-1-T
Ceiling Height:
0 m
Listing Type:
For Sale
Features
Parking
Address Map
Country:
US
State:
FL
County:
Orange
City:
Orlando
Zipcode:
32803
Street:
Mills Ave
Street Number:
926
Floor Number:
0
Longitude:
W82° 38' 7.4''
Latitude:
N28° 33' 27.4''
Retail For Sale
Square Footage:
4,800 Sqft
Visits:
410 in 180 days
$2,699,000
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