437 W Kennedy BoulevardOrlando, FL 32810Price: $325,000

  • Price: $325,000
  • 29 Days on Market
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Federal 30-year interest rate: 6.81% last updated on May 15, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $325,000List Price
  • 0.13Acreage
  • 2,273Square Feet

Listing Tools

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 of 437 W Kennedy Boulevard

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Listed by CORCORAN PREMIER REALTY

Based on information submitted to StellarMLS as of May 19, 2025 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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