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.
Property Details
Price:
$325,000
MLS #:
O6301770
Status:
Active
Beds:
0
Baths:
0
Address:
437 W KENNEDY BOULEVARD
Type:
Commercial
Subtype:
Retail
Subdivision:
LAKE LOVELY ESTATES SUB
Neighborhood:
32810 – Orlando/Lockhart
City:
ORLANDO
Listed Date:
Apr 21, 2025
State:
FL
Finished Sq Ft:
2,273
Total Sq Ft:
2,273
ZIP:
32810
Lot Size:
5,652 sqft / 0.13 acres (approx)
Year Built:
1972
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
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Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Block
Financial
Tax Year
2024
Taxes
$3,133
Map
Community
- Address437 W KENNEDY BOULEVARD ORLANDO FL
- SubdivisionLAKE LOVELY ESTATES SUB
- CityORLANDO
- CountyOrange
- Zip Code32810
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437 W KENNEDY BOULEVARD
ORLANDO, FL
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