4700-4720 International Pkwy - Retail FOR SALE


Sanford, FL 32771
$6,230,000 USD
813-434-8278
4700-4720 International Pkwy, Sanford, FL for Sale
$6,230,000 USD
Retail - FOR SALE
1/11
null | 5.85% Cap Rate

4700-4720 International Pkwy
Sanford, FL 32771


HIGHLIGHTS

  • 4-Tenant, 100% Occupied Retail Strip Center | Long-Term Stability | Below Market Rents
  • NNN Leases | Passive, Fee Simple Ownership | Management In Place
  • Prime Location With Excellent Visibility & Access
  • Adjacent to Luxury Multifamily | Daily-Needs Oriented Demand
  • Strong Demographics in Growing Trade Area
  • Surrounding Development Planned | Future Local Growth

OVERVIEW

• 2017 construction requiring minimal capital expenditures • Fully leased to four established tenants with over 5 years of average lease term remaining. Cycle Bar (Aug 2033), Urban OM Yoga (Mar 2027), Foxtail Coffee (Oct 2028), and Salon Lofts (Jul 2031) • All tenants feature remaining option periods – three at fixed rents and one at fair market rent ensuring stability and potential upside through rent escalation • Strong tenant synergy across fitness, wellness, food & beverage, and personal services • New construction retail strips are routinely getting $45-$50/SF+ in surrounding Orlando submarkets leaving additional future upside

FOR SALE DETAILS

PRICE

$6,230,000 USD

PRICE/SF

$604 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Savannah Park Retail - Sanford FL

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

103

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

PD

APN/PARCEL ID

30-19-30-528-0000-0040,30-19-30-528-0000-0050

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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