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Storefront For Sale • 13,700 SF
| Significant Value-Add Through Lease-Up: The retail center is currently 81.74% occupied, providing immediate upside through lease-up |
| Attractive Pro Forma Cap Rate: The property offers a projected 7.78% pro forma cap rate |
| Additional 4.23-Acre Commercial Parcel Included: The offering includes a substantial 4.23-acre parcel directly behind the retail center |
| Significant Below-Market Rent Opportunity: Current net rents average approx. $14.85 PSF, compared to overall market rents of $31.22 PSF |
| Tight Retail Market Fundamentals: The property benefits from a highly occupied retail submarket with a current vacancy rate of just 2.3% |
| 6.28-Acre Combined Offering: Together, the existing retail center and adjacent land comprise approximately 6.28 acres |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Orlando Health/Amtrak (SunRail - Florida Department of Transportation) | 18 min | - | 9.6 mi |
| Orlando (Floridian - Amtrak, Silver Meteor - Amtrak) | 18 min | - | 9.6 mi |
| Airport | Drive | Walk | Distance |
| Orlando International | 17 min | - | 8.0 mi |
| Orlando Sanford International | 31 min | - | 23.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 76 |
| Type: | Surface |
| Included in Rent: | Yes |
Tarek Chbeir
Marcus & Millichap
Tarek Chbeir
Marcus & Millichap
