8406 State Rte 50 - Freestanding FOR SALE


Groveland, FL 34736
$6,050,000 USD
858-373-3174
8406 State Rte 50, Groveland, FL for Sale
$6,050,000 USD
Freestanding - FOR SALE
1/6
null | 5.87% Cap Rate

8406 State Rte 50
Groveland, FL 34736


HIGHLIGHTS

  • 100% Occupied by Starbucks and Heartland Dental
  • 10-Year Corporate Leases with 10% Increases Every 5 Years
  • Brand New High-Quality Construction with a Drive-Thru, Partial Brick and Wood Paneling
  • Serving Over 105,000 Residents in Rapidly Growing Orlando Suburb
  • Surrounded by Several Housing Developments with 8,500+ New Homes
  • Situated in Green Valley, a New Mixed-Use Development with McDonald’s, Chipotle, Firestone, and Extra Space Self-Storage Facility

FOR SALE DETAILS

PRICE

$6,050,000 USD

PRICE/SF

$990 USD /SF

CAP RATE

5.87%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks & Heartland Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,523 SF

ZONING

-

APN/PARCEL ID

21-22-25-0695-000-00600

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

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