6428 International Drive, Orlando, FL
Retail for Sale - $5,840,000 - 17,612 Sq. Ft. on 1.48 acres

Property Info
| CIMLS# | 45259 |
| Location 6428 International Drive Orlando FL 32819 | |
| Updated | May 20th, 2008 |
| Type | Retail |
| Price | $5,840,000 |
| Building | 17,612 Sq. Ft. |
| Land | 1.48 acres |
Property Description
***Closed***
INVESTMENT HIGHLIGHTS:
* Located in Close Proximity to Universal Studios, Wet'n Wild and Several Other Tourist Destinations
* Over 40,000 ADTC (2001) and Thousands of Pedestrians Daily
* Great Accessibility from Neighboring Properties
* 8.01% CAP Based on Current Income with 8.77% CAP Upon Leasing Vacant Space
* Delivered Free and Clear of Debt
Lighthouse Plaza is a 17,612 square foot multi-tenant specialty center located in the heart of Orlando's busiest tourist corridor. With nine tenants and two vacant bays, the subject property is demised into units ranging from 293 to 3,596 square feet.
Lighthouse Plaza is located on International Drive just south of Wet'n Wild- Orlando (voted by Amusement Business magazine as America's number 1 water park) and less than one mile from Universal Studios, Orlando. The subject property boasts average daily traffic counts over 40,000 cars a day (2001 count) with several thousand pedestrians passing daily.
There are two points of ingress/egress to Lighthouse Plaza. Access to the property can be reached from the front of the parking lot (International Drive) and the rear of the parking lot (neighboring property to the North).
The subject property is priced with current income at a 8.01% CAP rate and has a projected 8.77% CAP rate upon leasing the remaining 2,351 square feet of vacant space.
Lighthouse Plaza will also be delivered free and clear of debt allowing a new investor to place new debt.
Financials
Please See Attachment Below...
