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515 N Park Ave
Apopka, FL 32712 Wekiva

$3,650,000 USD

Storefront Retail Office For Sale  •  22,000 SF

Property Details

• Property Type Storefront Retail Office
• Total Building Size 18,288 SF
• Lot Size 1.9 AC
• Building Class B
• Year Built 2008
• Tenancy Multiple
• Zoning C1

24 Transit Score

32 Walk Score

Highlights

STRONG YEAR 1 RETURNS WITH UPSIDE YEAR 2: The offering delivers a 7.00% Cap Rate and projects to a 9.87% Cap Rate in Year 2.

NEWER CONSTRUCTION PRICED BELOW REPLACEMENT COST + DEVELOPMENT UPSIDE POTENTIAL

HIGH-TRAFFIC LOCATION WITH EXCELLENT VISIBILITY: Strategically Located on N Park Ave Across From Dream Lake Elementary and Apopka Memorial Middle.

SURROUNDED BY NATIONAL RETAILERS: Nearby Major Retailers Include Walmart, Publix, Lowe’s, and Wendy’s.

DIVERSE TENANT MIX: The Center is Home to 9 Tenants, Including National Brands, Medical Providers, and Local Service Operators.

Amenities

• Signage

Public Transportation

Airport	Drive	Walk	Distance
Orlando Sanford International	40 min	-	23.1 mi
Orlando International	44 min	-	27.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	91
Type:	Surface
Included in Rent:	Yes