446 Rinehart Rd - Storefront FOR SALE


Lake Mary, FL 32746
$4,500,000 USD
760-448-2449
446 Rinehart Rd, Lake Mary, FL for Sale
$4,500,000 USD
Storefront - FOR SALE
1/14
null | 5.85% Cap Rate

446 Rinehart Rd
Lake Mary, FL 32746


HIGHLIGHTS

  • 2024 Construction – Fronts Orlando Health Medical Campus & Rinehart Road (29,000 VPD)
  • 100% Leased to Synergistic Mix of Medical, Health, & Fitness Tenants – Long Term NNN Leases with Rent Growth
  • Immediately Adjacent to Orlando Health’s New Lake Mary Campus (250+ Beds)
  • Immediately Adjacent to Orlando Health’s New Lake Mary Campus (250+ Beds)
  • Dense Daytime Population Base – 155,000 People Within a 5-Mile Radius – Exploding Healthcare Corridor

OVERVIEW

Lee & Associates is pleased to present the opportunity to acquire a 100% leased, newly constructed multi-tenant retail asset located in Lake Mary, FL, within the high-growth Orlando MSA. Bent’s Landing Retail Center comprises 7,224 square feet of Class A retail storefront space and is fully occupied by three synergistic tenants: UrgentVet, 100% Chiropractic, and BodyRok. Each tenant operates under new 10-year NNN leases with 3% annual increases, offering stable, long-term cash flow. The property sits on 1.6 acres and benefits from cross-parking agreements within a larger development. Strategically positioned adjacent to Orlando Health’s 250-bed medical campus and within the $800 million Lake Mary Wellness and Technology Park, Bent’s Landing is at the epicenter of one of Central Florida’s fastest-growing medical and retail corridors. The site is highly visible along Rinehart Road, which sees nearly 29,000 vehicles per day and lies just one mile from I-4 (145,500 VPD). Tenants benefit from proximity to a strong daytime population and a robust healthcare presence, including AdventHealth, HCA, and the newly opened Jewett Orthopedic Institute. Average household income exceeds $115,000 within a 3-mile radius, with nearly 65,000 residents supporting demand for health-focused retail services.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$623 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bent's Landing Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

M1A

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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

Ryan BennettLee & AssociatesMore Info
760-448-2449

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