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Total Building GLA
19,162 SF
100% Occupied
3 Tenants
Year Built | Reno
2014 | 2024
Strong Demos
$147K AHHI (1 Mile)
Strong Traffic Counts
80K+ VPD Combined
INVESTMENT HIGHLIGHTS
Passive NNN Leases – Three tenants all operating under NNN Leases
7+ Year WALT – Weighted average lease term remaining of more than 7 years
$2.5 Million Tenant Investment – Rokka’s Market recently made a large $2.5 million investment into their space with no tenant improvement allowance from the Landlord
13%+ Annual Household Growth – Within one mile of the property, annual household growth and annual population growth over the next five years is estimated to be 13%+ and 12%+, respectively
Up to 3% Annual Rent Bumps – The leases feature rent bumps between 10% every 5 years and 3% annually
Top MSA Nationally – Orlando has consistently been one of the fastest growing MSAs in the nation and has benefited from the population boom occurring in Florida since 2020
Adjacent to Many Major Traffic Drivers – <2 Miles from Universal Orlando Resort (34M+ visitors), Universal Studios new EPIC Universe theme park, Sea World (4.4M+ visitors), and a Lockheed Martin testing and training facility
Dense Retail Trade Area – Near Walmart, Publix, Whole Foods, Trader Joe’s, Sprouts, HomeGoods, Ross, Walgreens, CVS, McDonald’s, and many more
High Traffic Counts – Turkey Lake Road (25K+ VPD) and Sand Lake Road (55K+ VPD)
Extremely Dense and Affluent Demographics – 59K+ residents and 190K+ residents within three and five miles, respectively. Average household income of $147K+ within one mile
