185 N Charles R Beall Blvd - Retail FOR SALE


Debary, FL 32713- Plantation Estates
$7,777,778 USD
407-234-4111
185 N Charles R Beall Blvd, Debary, FL for Sale
$7,777,778 USD
Retail - FOR SALE
1/14
null | 4.5% Cap Rate

185 N Charles R Beall Blvd
Debary, FL 32713
Plantation Estates


HIGHLIGHTS

  • Ground Lease with over 11 years of remaining of initial term
  • Tenant has an Investment Grade Credit Rating "AA" - S&P/Fitch (NYSE:WMT)
  • Fourteen (14), five-year tenant renewal options w/ 5% increases at each option
  • The Orlando MSA is one of the fastest-growing large metro region in the U.S.

OVERVIEW

Collison Capital is pleased to present a Walmart Neighborhood Market located at 185 N Charles Richard Beall Blvd in Debary, FL. Built in 2016 and situated on 4.77 acres of land, the Walmart Neighborhood Market is comprised of 41,117 square feet of retail space which includes a drive-thru pharmacy. The Walmart Neighborhood Market property provides an investor with the opportunity to acquire a well-located asset within the larger Orlando MSA that is leased to an investment grade tenant on its initial term. This Walmart Neighborhood Market is subject to a 20-year absolute triple net (NNN) ground lease with 11 years remaining and 14 5-year options each with 5% rent increases.

FOR SALE DETAILS

PRICE

$7,777,778 USD

PRICE/SF

$189 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walmart

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

286

LAND DETAILS

LAND ACRES

4.77 AC

LAND SF

207,781 SF

ZONING

-

APN/PARCEL ID

8027-15-00-0030

ASK ABOUT THIS PROPERTY

Carter CollisonCollison CapitalMore Info
407-234-4111

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Carter CollisonCollison CapitalMore Info
407-234-4111

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