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2751 W Old US Highway 441
Mount Dora, FL 32757 Lake Apopka

$5,500,000 USD

General Retail For Sale  •  154,784 SF

Property Details

  • Property Type General Retail
  • Total Building Size 154,784 SF
  • Lot Size 21.79 AC
  • Building Class C
  • Year Built 1961
  • Tenancy Multiple
  • Zoning C-3
30 Transit Score
40 Walk Score

Highlights

VALUE-ADD SHOPPING CENTER | 28% OCCUPIED: three buildings totaling 154,784 SF, about 73% vacant, offering positive in-place cash flow with value-add
SIGNIFICANT UPSIDE POTENTIAL Leasing remaining 112,516 SF of vacant space at similar rental rates could potentially add $1.1 million+ in cash flow
RECENT CAPITAL IMPROVEMENTS Over the past three years, ownership has invested in meaningful tenant improvements to support ongoing lease-up efforts
DEVELOPMENT POTENTIAL: property includes two vacant parcels positioned for redevelopment
STRONG RENT GROWTH POTENTIAL IN EXPANDING SUBMARKET The subject property’s average rent of $10.30 per SF is below the lake County submarket average
PROXIMITY TO MANY NATIONALLY RECOGNIZED RETAILERS: directly south of a high-performing Walmart Supercenter, ranking in the top 8% Locations

Property Flyers

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Orlando Sanford International 53 min - 34.4 mi
Orlando International 63 min - 46.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 505
Type: Surface
Included in Rent: Yes
Logan Lofgren 813-387-4822 Marcus & Millichap
Logan Lofgren 813-387-4822 Marcus & Millichap