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820 Balmy Beach Dr
Apopka, FL 32703 Bear Lake

$8,947,000 USD

General Retail For Sale  •  39,050 SF

Property Details

  • Property Type General Retail
  • Total Building Size 39,050 SF
  • Lot Size 5.45 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 4.75 %
  • Tenancy Multiple
0 Transit Score
61 Walk Score

Highlights

Long-Term Ground-Lease Situated on a Hard-Corner Lighted Intersection amidst the dense retail corridor of Apopka. (Orlando MSA)
Strategically positioned asset with immediate access to multiple residential developments and heavy density demographic corridors.
Dense Traffic Counts in the immediate area as a result of the main State Road 436 throughfare.
Big Box Retail and Gas-Combination provides for immediate self-driven market driver for consumers in the immediate market.
Name-Brand Recognition with WAL-MART. (S&P: AA Investment Grade Credit Rating)
#1 Retailer in the WORLD with 2.2M +/- registered employees.
Cap Rate: 4.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Walmart Neighborhood Market 4/30/2037

Public Transportation

Commuter RailDriveWalkDistance
13 min - 6.5 mi
16 min - 8.3 mi
AirportDriveWalkDistance
Orlando Sanford International 34 min - 19.4 mi
Orlando International 42 min - 25.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Andrew Jaworski 631-903-7137 CBRE
Andrew Jaworski 631-903-7137 CBRE