6790 Central Florida Pky - Drug Store FOR SALE


Orlando, FL 32821- I Drive
$3,850,000 USD
801-736-2621
6790 Central Florida Pky, Orlando, FL for Sale
$3,850,000 USD
Drug Store - FOR SALE
1/8
null | Request Cap Rate

6790 Central Florida Pky
Orlando, FL 32821
I Drive


HIGHLIGHTS

  • 24 hour Store
  • Sea World Adjacent
  • Zero Cash Flow Tax Advantage

OVERVIEW

Zero Cash Flow takeover option. CVS Pharmacy – Store #5400 at 6790 Central Florida Pkwy, Orlando, FL 32821 presents a compelling 39 year leasehold investment opportunity in the heart of Orlando’s high-traffic SeaWorld / International Drive corridor. Positioned at the signalized intersection of Central Florida Parkway and Westwood Boulevard, this 24-hour CVS benefits from exceptional visibility, steady consumer demand, and proximity to one of the region’s most visited tourism and employment hubs. Adjacent to SeaWorld and surrounded by hotels, resorts, and dense visitor activity, the property offers a unique structure with immediate tax-advantaged potential and future upside. CVS has operated at this location since 2010, demonstrating long-term commitment at a strategic infill site. The absolute NNN lease format minimizes landlord responsibilities, while the offering features a debt assumption structure with a significant rent credit applied at closing. Structured as a Zero Cash Flow debt assumption deal, the buyer assumes the existing ~$1,537,080 CMBS loan — CVS rent covers debt service with no new financing required. Alternatively, the seller can defease at closing for a $259,305 penalty, delivering cash flow. Potentially depreciable over the remaining term. Five renewal options extend through 2060 at ~$304K/year option starting in 2035. The property is a 13,013 SF freestanding CVS on 1.746 acres immediately adjacent to SeaWorld Orlando in the I-Drive tourism corridor. Open 24 hours with a dedicated drive-through pharmacy since 2010. This opportunity combines strong location fundamentals, corporate-backed tenancy, and a rare pathway to future free-and-clear income potential if renewal options are exercised—making it an attractive play for investors seeking long-term value in one of Orlando’s most dynamic corridors.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

CROSS STREETS

Westwood Blvd.

LAND ACRES

1.75 AC

LAND SF

76,068 SF

ZONING

P-D

APN/PARCEL ID

11-2428-3829-00-021

ASK ABOUT THIS PROPERTY

Austin WilliamsMarcus & MillichapMore Info
801-736-2621

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

Austin WilliamsMarcus & MillichapMore Info
801-736-2621

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