ORLANDO, FL 32810 437 W KENNEDY BOULEVARD
$325,000
1 more
Presented By: CORCORAN PREMIER REALTY with 407-965-1155. - 407-965-1155
SQFT • 2,000
Home Details
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.
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
ModificationTimestamp2025-05-07t14:55:31.000z
New ConstructionNo
Occupancy Typetenant
Ownershipsole proprietor
Property Subtyperetail
Property Typecommercial sale
Standard Statusactive
Statusactive
Subdivision Namelake lovely estates sub
Tax Annual Amount3133
Tax Lot186
Tax Year2024
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront 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
Additional Details
Price History
Monica Mendes
Monica Mendes, REALTOR®, +1 (786) 553-3922 / [email protected]
