12650 International Dr S - Drug Store FOR SALE


Orlando, FL 32821- I Drive | 
$8,114,400 USD
630-770-2367
12650 International Dr S, Orlando, FL for Sale
$8,114,400 USD
Drug Store - FOR SALE
1/6
null | 6.25% Cap Rate

12650 International Dr S
Orlando, FL 32821
I Drive


OVERVIEW

Iconic International Drive Location: The property is located on International Drive, minutes from major theme parks like SeaWorld, Universal Epic Orlando, Epcot, and Disney Magic Kingdom. Orlando’s iconic parks generate between 70-75 million visitors annually, providing a consistent flow of customers and generous spending for Walgreens and the surrounding area. Long Term Site History: Walgreens has operated at the site since 2003 recently executed a lease extension, demonstrating their long term commitment to the site and customer base. Absolute NNN Lease: Walgreens features an absolute NNN lease with rare 5% rent increases every 5 years, providing a completely passive ownership structure. High Visibility Publix Outparcel: The property sits on a 1.80 acre site in front of Publix and is situated at the signalized corner of International Dr. and Vineland Ave., featuring 36,000 VPD. The Orlando Vineland Premium Outlets are located blocks away and other national retailers in the immediate vicinity include Target, Chick-fil-A, Aldi, Ross Dress for Less, Burlington, Chipotle, McDonalds, Outback Steakhouse, and others.

FOR SALE DETAILS

PRICE

$8,114,400 USD

PRICE/SF

$786 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,295 SF

ZONING

P-D

APN/PARCEL ID

23-2428-7415-00-080

ASK ABOUT THIS PROPERTY

Brooke BurgoniStream Capital PartnersMore Info
630-770-2367

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Brooke BurgoniStream Capital PartnersMore Info
630-770-2367

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.