Property Highlight

• Premium Properties Commercial proudly presents this Investment Opportunity of Commercial Property consisting of Retail Strip Center and 24 Self Storage on 2 separate Parcel located on W Lancaster Rd Orlando next to the Family Dollar anchored Lancaster Square is a Major Retail Shopping Center and surrounded by Local and Major Retailers, Apartment Complexes and Industrial Properties. Property has 3 retail tenants with long history of tenancy and Owner User Coin Laundry will sign a long term NNN Lease back at the closing. 24 Storage space building behind the Retail Center has high demand occupancy and creating extra cash flow Income to the property with room to add value to the property and Increase steady Income stream. Property located on High Traffic Lancaster rd 17,000 AADT and less than a mile away from Orange Blossom Trl (US-92 W) 42000 AADT surrounded by Major retailers and easy access to Orlando MSA major theme parks, attractions and Downtown is only 13 min away from the property.
• Property is strategically located less than 15 min drive from Orlando Downtown, Premium Outlet mall on International Dr, Millenia Mall, Orange County Convention Center, Orlando International Airport and Famous Theme Parks Disney and Universal.

  Orlando’s unemployment rate is one of the lowest in the Nation in 2022 and dropped to 2.8% and cities economy demand on Tourism, Construction, Manufacturing, Education and Health Services and Goods Producing. Orlando’s Major Employers as follows; Disney is the Largest Employer of Florida over 77,000 employees, Sea World, Lockheed Martin, Advent Health Systems, Comcast Corp.(Universal Studios),Publix Super Markets, Darden Restaurants and Hospitality Industry.

  In 2018, Orange County, Florida had an Economic Base Multiplier of 5.23. This would mean that for every job in a basic employment sector in Orange County, Florida, there were approximately (5.23 – 1) jobs in non-basic employment sectors

• Property tenants are Dry Cleaner, Coin Laundry, Mexican Restaurant and Herbalife has long term commitment to the site with average 5 Years Net Lease remaining on each terms. Seller completed Major renovation to both of the buildings like Roof replacement of the Retail building back in 2017, repaired and replaced the security fences, cameras and lockbox systems of the Self Storages, maintenance of the Parking lot spaces, Pylon sign replacement, Exterior painting and Landscaping completed and have the property reached better curb appealing for the tenants and repeated clients of the tenants. Property located next to 33 Unit Ambassador House Condominium and across the street from 145 Units Lancaster Villas Apartments attracting these tenants to shop at the retail center for Laundry and Restaurant customers.