Tony Nguyen, CCIM with The TRG Group, is proud to present a rare value-add retail investment opportunity in the North Orlando MSA. This well-positioned neighborhood retail center offers approximately 300 feet of frontage along Ronald Reagan Boulevard and is surrounded by new residential development, including several luxury apartment communities within a five-minute drive.
The property is currently leased on a mix of short-term and month-to-month agreements, with no renewal options in place — providing immediate flexibility for a new owner to re-lease or reposition the asset. Market rents in the area range from $18 to $22/SF NNN, while current rents remain below that threshold, offering significant upside. With a going-in cap rate near 6%, the center offers stable cash flow with clear paths to value enhancement.
The building features a newer roof, tenant-maintained HVAC systems, and flexible suite configurations suitable for retail or office use. Owner-users may occupy up to a third of the space while collecting income from existing tenants. With abundant parking and limited retail competition nearby, this offering presents a compelling opportunity for both investors and owner-occupants in a growing and supply-constrained submarket.