Property

ORLANDO, FL 32810 437 W KENNEDY BOULEVARD

437 W KENNEDY BOULEVARD ORLANDO, FL - Image 1437 W KENNEDY BOULEVARD ORLANDO, FL - Image 2437 W KENNEDY BOULEVARD ORLANDO, FL - Image 3
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437 W KENNEDY BOULEVARD ORLANDO, FL - Image 4437 W KENNEDY BOULEVARD ORLANDO, FL - Image 5
Presented By: CORCORAN PREMIER REALTY with 407-965-1155. - 407-965-1155
  • MLS# O6301770
  • 04/21/2025
  • Request Tour
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  • SQFT • 2,000

Home Details

437 West Kennedy Boulevard is a prime net-leased convenience store investment in Orlando’s high-visibility C-3 Wholesale Commercial District. Situated on a 5,652-square-foot lot, the solid block building was originally constructed in 1972 (renovated in 1983) and offers approximately 2,273 square feet of retail space—including a versatile back room that presents an easy sublease opportunity for additional income. The current five-year NNN lease, which commenced in March 2024 and runs through March 2029 (with a five-year renewal option capped at 10% annual increases), delivers stable, inflation-protected cash flow: $21,600 in Year 1 and $22,680 annually in Years 2–5, all personally guaranteed by the principals. Tenant responsibilities cover utilities, maintenance and repairs, real estate taxes and insurance, while the landlord remains responsible for the roof and four exterior structural walls. Durable built-up roofing, commercial-grade cork tile flooring, central cooling with electric forced-air heating, and professionally maintained drywall interiors underscore the low-burden ownership profile, and the property lies within Flood Zone X for minimal flood risk. With neighborhood values up nearly 7% over the past two years and immediate upside through market-rate rent adjustments, this competitively priced asset is an outstanding opportunity for investors seeking passive income and long-term growth in one of Orlando’s most dynamic retail corridors.
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
ModificationTimestamp2025-07-02t16:35:49.457z
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
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
Waterfront Y/NNo

Additional Details

Price History

Tiana Lefebre

Associate
Price $325,000
MLS#O6301770
List Date 04/21/2025
Property Type Commercial
Phone 516.595.5956
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