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• Street View

16800-16950 Us Highway 441
Mount Dora, FL 32757 Lake Apopka

$12,500,000 USD

General Retail For Sale  •  76,172 SF

Property Details

• Property Type General Retail
• Total Building Size 71,172 SF
• Lot Size 12.38 AC
• Building Class B
• Year Built 1988
• Cap Rate 6.83 %
• Tenancy Multiple
• Zoning C-3

0 Transit Score

52 Walk Score

Highlights

71,172 SF shopping center anchored by Ross Dress for Less, TJ Maxx and Dollar Tree

Located in High Growth Mount Dora, Florida

Strong In-Place Cash Flow Due to Assumable Financing with Fixed-Rate, Below-Market Interest Rate of 4.85%

Shadow anchored by High-Volume Hobby Lobby

89% of GLA has Tenure at the Property of 10 years or more

Below Market Rents Contribute to Upside and Acquisition Basis Below Replacement Cost

Cap Rate:

6.83 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar Tree	10,372 SF
Miracle Ear	1,200 SF
Papa John's Pizza	1,600 SF
Ross Dress for Less	25,500 SF
TJ Maxx	23,000 SF

Amenities

• Bus Line
• Pylon Sign
• Restaurant
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Orlando Sanford International	53 min	-	35.7 mi
Orlando International	63 min	-	47.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	486
Type:	Surface
Included in Rent:	Yes