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10715 Narcoossee Rd
Orlando, FL 32832
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-Year NNN Ground Lease to Wells Fargo | 4 Years Remaining With Four, 5-Year Renewal Options
- Longstanding Commitment to Site | Tenant Since 2007
- Across From Publix Super Market Shopping Plaza
- 2.5% Annual Rent Increases Throughout Base Term and Option Period
- Situated on 1.02 Acres | 245’ of Narcoosee Road Frontage – 38,000 AADT
- Surrounded by Numerous National Tenants Including; McDonald’s, Great Clips, 7-Eleven, The UPS Store, Regions Bank, Burger King, Taco Bell
EXECUTIVE SUMMARY
- 20-Year NNN Ground Lease to Wells Fargo | 4 Years Remaining With Four, 5-Year Renewal Options
- 2.5% Annual Rent Increases Throughout Base Term and Option Period
- Longstanding Commitment to Site | Tenant Since 2007
- Deposits Through 06/30/2023- $114,251,000
- Situated on 1.02 Acres | 245’ of Narcoossee Road Frontage – 38,000 AADT
- Across From Publix Super Market Shopping Plaza
- Surrounded by Numerous National Tenants Including; McDonald’s, Great Clips, 7-Eleven, The UPS
Store, Regions Bank, Burger King, Taco Bell
- Lake Nona is one of America’s fastest-growing and most innovative communities.
- Florida is an Income Tax Free State
- 2.5% Annual Rent Increases Throughout Base Term and Option Period
- Longstanding Commitment to Site | Tenant Since 2007
- Deposits Through 06/30/2023- $114,251,000
- Situated on 1.02 Acres | 245’ of Narcoossee Road Frontage – 38,000 AADT
- Across From Publix Super Market Shopping Plaza
- Surrounded by Numerous National Tenants Including; McDonald’s, Great Clips, 7-Eleven, The UPS
Store, Regions Bank, Burger King, Taco Bell
- Lake Nona is one of America’s fastest-growing and most innovative communities.
- Florida is an Income Tax Free State
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
3,891 SF
Building Class
B
Year Built
2007
Price
$3,794,038
Price Per SF
$975.08
Cap Rate
5.20%
NOI
$197,290
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.02 AC
Zoning
P-D
Frontage
100’ on 10715 Narcoossee Road
PROPERTY TAXES
| Parcel Number | 08-2431-5118-01-002 | Improvements Assessment | $2,778,365 |
| Land Assessment | $1,308,226 | Total Assessment | $4,086,591 |
PROPERTY TAXES
Parcel Number
08-2431-5118-01-002
Land Assessment
$1,308,226
Improvements Assessment
$2,778,365
Total Assessment
$4,086,591
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