Homes for sale - 437 W KENNEDY BLVD, Orlando, FL 32810

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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

$325,000

Est. payment - /mo

2,000 SqFt

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $162

Subdivision Lake Lovely Estates Sub

MLS Listing ID O6301770

HOA Y/N No

Originating Board Stellar MLS

Year Built 1972

Annual Tax Amount $3,133

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Retail

Property Description

437 W Kennedy Blvd is a ±2,273 SF net-leased grocery store ideally positioned in Orlando's high-traffic retail corridor. The tenant occupies under a five-year lease commencing March 2024 at $21,600 year one ($1,800/mo) increasing to $22,680 year two through five ($1,890/mo), and holds a five-year renewal option at market rates capped at 10% above prior year. Under the NNN structure, the tenant bears all utilities, maintenance (janitorial, pest control, garbage removal, plumbing, HVAC, landscaping, parking lot, interior and exterior repairs), taxes and insurance, while the landlord remains responsible only for roof and exterior structural walls. The lease is personally guaranteed, providing a credit-worthy income stream with built-in escalations and minimal landlord-side operating costs—an attractive proposition for 1031 exchanges or passive net-lease portfolios.

Location

State FL

County Orange

Community Lake Lovely Estates Sub

Area 32810 - Orlando/Lockhart

Zoning C-3

Interior

Cooling Central Air

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Structure Type Block

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6301770

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Listed by CORCORAN PREMIER REALTY

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com

437 W KENNEDY BLVD Orlando, FL 32810