43384 US-27 - Storefront FOR SALE


Davenport, FL 33837- North Polk
$2,123,000 USD
480-718-5555
43384 US-27, Davenport, FL for Sale
$2,123,000 USD
Storefront - FOR SALE
1/4
null | 5% Cap Rate

43384 US-27
Davenport, FL 33837
North Polk


HIGHLIGHTS

  • Credit Tenants | Verizon & T-Mobile: National, investment-grade tenants with strong balance sheets and consistent customer demand
  • 10-Year NNN Leases: Long-term lease structures with built-in rental escalations, minimizing landlord responsibilities
  • Prime Visibility & Access: Located on US-27 (76,327 CPD) with direct access and excellent signage opportunities.
  • Dominant Retail Corridor: Surrounded by national retailers including Target, Publix, BJ’s, Hobby Lobby, Marshalls, Best Buy, PetSmart, and more
  • Outparcel-Like Positioning: Across from major anchors with strong retail draw, boosting foot traffic
  • Explosive Regional Growth: Davenport and the surrounding Polk County area are experiencing significant residential and commercial development

OVERVIEW

An exceptional opportunity to acquire a fully stabilized, 100% occupied retail property featuring two of the nation’s leading telecommunications providers — Verizon and T-Mobile. Both tenants are secured under 10-year triple-net leases with structured rental escalations, offering investors long-term income security and built-in value appreciation. Strategically located in the high-growth corridor of Davenport, FL, this property benefits from trophy-level frontage on US-27 with traffic counts exceeding 76,000 CPD, just half a mile south of I-4, one of Central Florida’s busiest interstate corridors with over 130,000 CPD. The property sits directly across from a Dick’s Sporting Goods/Ross-anchored center, driving synergistic retail traffic. Situated in the Orlando-Tampa growth corridor, Davenport benefits from robust migration trends, residential housing expansion, and increasing consumer demand. Its location near I-4 places it within reach of major tourist destinations, logistics hubs, and a growing year-round population. Retail vacancy remains low in the area, supporting long-term rental growth and tenant demand. This investment offers the security of long-term national tenants, prime Florida location, and a rare combination of visibility, credit, and lease term — making it ideal for 1031 buyers, institutional investors, and portfolio diversifiers seeking yield stability with upside potential in a Sun Belt market poised for continued expansion. Broker of Record Brian Brockman - Bang Realty-Naples, Inc LIC # BK3327646

FOR SALE DETAILS

PRICE

$2,123,000 USD

PRICE/SF

$643 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VERIZON & T-MOBILE – DAVENPORT, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

C

APN/PARCEL ID

27-26-18-000000-014170

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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