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4757 The Grove Dr
Windermere, FL 34786

$1,645,030 USD

Storefront Retail Office Condo For Sale  •  3,088 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 24,060 SF
  • Lot Size 0.89 AC
  • Building Class A
  • Year Built 2014
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning P-D
0 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 250 Office 3,088 SF $1,645,030 USD
  • Unit Size: 3,088 SF
  • Condo Use: Office
  • Price: $1,645,030 USD
  • Sale Type: Investment
  • Price/SF: $532.72 USD
Description
3,088 SF 2nd Floor Medical Office

Sale Notes
Oswald Cooke & Associates is pleased to offer the a 3,088 SF Medical Office Condo for sale in The Groves development in Windermere, Florida. The space is leased to Orlando Health, Inc. The NN+ lease expires in November 2028 and offers is subject to 2.5% rent escalations annually throughout the term. The site is located off Conroy Windermere Road (33,000 VPD) and S Apopka Vineland Road (44,500 VPD).  The property is surrounded by national retailers including Starbucks, Chipotle, AT&T, Hawkers, LA Fitness, Chase Bank, Walgreens, Panera Bread, Publix, Walmart Marketplace, and many others. Windermere is a part of the Orlando Metropolitan Area, and is only nine miles from Walt Disney World.

Description

Oswald Cooke & Associates is pleased to offer the a 3,088 SF Medical Office Condo for sale in The Groves development in Windermere, Florida. The space is leased to Orlando Health, Inc. The NN+ lease expires in November 2028 and offers is subject to 2.5% rent escalations annually throughout the term. The site is located off Conroy Windermere Road (33,000 VPD) and S Apopka Vineland Road (44,500 VPD).  The property is surrounded by national retailers including Starbucks, Chipotle, AT&T, Hawkers, LA Fitness, Chase Bank, Walgreens, Panera Bread, Publix, Walmart Marketplace, and many others. Windermere is a part of the Orlando Metropolitan Area, and is only nine miles from Walt Disney World.

Highlights

Orlando Health Medical Office Condo
The Grove Development
2.5% Annual Rent Bumps
3,088 SF

Property Flyers

Financial Summary

Cap Rate: 6.50 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
AdventHealth Centra Care 8/18/2026
All In One Decorating Solutions 2/14/2022
Apricot Lane Boutique 12/7/2033
At&t Wireless 11/30/2021
Celtic Engineering Inc
Feather and Quill
Fresh Express
Gianni Vincent Jewellers 4/25/2022
I Lashes and Nails 5/26/2031
Petfolk

Amenities

  • 24 Hour Access
  • Bus Line
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
19 min - 9.9 mi
19 min - 10.0 mi
AirportDriveWalkDistance
Orlando International 29 min - 16.2 mi
Orlando Sanford International 52 min - 39.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Benjy Cooke 843-343-1351 Oswald Cooke and Associates
Benjy Cooke 843-343-1351 Oswald Cooke and Associates