ORLANDO, FL 32810 437 W KENNEDY BOULEVARD
$325,000
Pending



1 more


Presented By: CORCORAN PREMIER REALTY with 407-965-1155. - 407-965-1155
Home Details
Under contract-accepting backup offers. 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.
Presented By: CORCORAN PREMIER REALTY with 407-965-1155. - 407-965-1155
Interior Features for 437 W KENNEDY BOULEVARD
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
General for 437 W KENNEDY BOULEVARD
Additional Parcels Y/NNo
Building Area Unitssquare feet
Cityorlando
Construction Materialsblock
Coolingcentral air
Countyorange
Directionsdriving directions:
1. start in downtown orlando, near orange ave & central blvd.
2. head north on n orange ave for approximately 2.5 miles.
3. turn left onto w kennedy blvd.
4. continue on w
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptionlake lovely estates sub r/121 lots 186 &187 blk b (less s 10 ft)
Listing Termscash, conventional, other
Living Area Unitssquare feet
Lot Size Square Feet5652
Lot Size Unitssquare feet
MLS Area32810 - orlando/lockhart
ModificationTimestamp2025-08-08t18:24:07.423z
New ConstructionNo
Occupancy Typetenant
Ownershipsole proprietor
Property Subtyperetail
Property Typecommercial sale
Standard Statuspending
Statuspending
Subdivision Namelake lovely estates sub
Tax Annual Amount3133
Tax Lot186
Tax Year2024
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1972
Zoningc-3
Exterior for 437 W KENNEDY BOULEVARD
Building Area Total2273
Foundation Detailsslab
Lot Size Acres0.13
Lot Size Area5652
Number of Buildings1
Road Frontage Typebusiness district, city street, main throrughfare
Road Surface Typeasphalt
Waterfront Y/NNo
Additional Details
Price History

Ender Urdaneta and Aida Cienfuegos
Broker Associate