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410 Myrtle St
Longwood, FL 32750 Northeast Orlando

$3,120,000 USD

General Retail For Sale  •  1,400 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,400 SF
  • Lot Size 0.77 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning GC
0 Transit Score
74 Walk Score

Highlights

Rare opportunity to own a hyper secure, newly constructed 10-YR Starbucks in Orlando, FL
Orlando ranked #1 nationally in employment growth in 2024 and #8 nationally in new housing starts
High-profile location surrounded by traffic generators Wawa, Walgreens, Sonic, Taco Bell and CVS
Starbucks has an investment grade credit rating and is the largest coffee provider in the World with over 35,700 stores
Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
Fee simple ownership of the building allows for depreciation boosting after tax returns

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks

Public Transportation

Commuter RailDriveWalkDistance
2 min 6 min 0.3 mi
7 min - 3.1 mi
AirportDriveWalkDistance
Orlando Sanford International 19 min - 10.2 mi
Orlando International 36 min - 19.8 mi
Daytona Beach International 55 min - 44.4 mi
Patrick Wagor 561-427-6699 Atlantic Capital Partners
Patrick Wagor 561-427-6699 Atlantic Capital Partners