696 E Altamonte Dr - Storefront FOR SALE
Altamonte Springs, FL 32701 |
696 E Altamonte Dr
Altamonte Springs, FL 32701
HIGHLIGHTS
- Located directly across the street from Advent Health Hospital and just blocks away from the Altamonte Mall and Crane’s Roost Park.
- Anchored by Panera Bread, all tenants are service-oriented, including personal care services, health, and restaurants.
- Currently 82.2% occupied with one available unit presenting the ability to increase NOI through lease-up and rent escalactions.
- The area highlights strong demographics with 249,920 residents and an average household income of $87,556 annually within a five-mile radius.
- All leases are triple net (NNN) with contractual annual rent increases between 3.0% and 4.0%, allowing for consistent NOI growth.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Boulevard Plaza Altamonte
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
15624
STORIES
1
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
12-21-29-5BE-0000-00A7
