CBRE is pleased to present the exclusive listing for the Walmart Neighborhood Market & Gas located at 820 Balmy Beach Drive & 806 Balmy Beach Drive, in Apopka, FL. The site consists of 41,952 total square feet of building space and sits on 6.29 acres of land. The current base rent is $425,000. The lease will call for 5% rental escalations throughout the sixteen (16) five-year renewal options. There are presently 12.3 years of term remaining on the initial lease.
The subject property benefits from being in a strong retail corridor surrounded by national and local tenants, shopping centers and hospitality accommodations. Located on a hard-corner lighted intersection, the subject property is surrounded with the following major tenants in the immediate area; Publix, Hobby Lobby, Burger King, Dollar Tree, Bealls, Ross, Marshalls, as well as many more.