FL > Orlando > Lake Lovely Estates Sub
Orlando, FL 32810,437 W KENNEDY BLVD
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Orlando, FL 32810,437 W KENNEDY BLVD
Orlando, FL 32810,437 W KENNEDY BLVD
Orlando, FL 32810,437 W KENNEDY BLVD
Orlando, FL 32810,437 W KENNEDY BLVD
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Mauro Costa

Mauro Costa

+1(321) 231-6800
$ 325,000
Est. payment /mo
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Active

437 W KENNEDY BLVD Orlando, FL 32810

2,000 SqFt

UPDATED:

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

Year Built 1972

Annual Tax Amount $3,133

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Retail

Source Stellar MLS

Property Description

437 West Kennedy Boulevard is a prime net-leased convenience store investment in Orlando's high-visibility C-3 Wholesale Commercial District. Situated on a 5,652-square-foot lot, the solid block building was originally constructed in 1972 (renovated in 1983) and offers approximately 2,273 square feet of retail space—including a versatile back room that presents an easy sublease opportunity for additional income. The current five-year NNN lease, which commenced in March 2024 and runs through March 2029 (with a five-year renewal option capped at 10% annual increases), delivers stable, inflation-protected cash flow: $21,600 in Year 1 and $22,680 annually in Years 2–5, all personally guaranteed by the principals. Tenant responsibilities cover utilities, maintenance and repairs, real estate taxes and insurance, while the landlord remains responsible for the roof and four exterior structural walls. Durable built-up roofing, commercial-grade cork tile flooring, central cooling with electric forced-air heating, and professionally maintained drywall interiors underscore the low-burden ownership profile, and the property lies within Flood Zone X for minimal flood risk. With neighborhood values up nearly 7% over the past two years and immediate upside through market-rate rent adjustments, this competitively priced asset is an outstanding opportunity for investors seeking passive income and long-term growth in one of Orlando's most dynamic retail corridors.

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

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by CORCORAN PREMIER REALTY
agent

Mauro Costa

Real Estate Concierge | License ID: SL3172982

+1(321) 231-6800

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