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First Watch - Orlando (Mount Dora) FL 18915 US Hwy 441 3,900 SF Retail Building Mount Dora, FL 32757 $3,974,000 ($1,018.97/SF) 5.30% Cap Rate



INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease | Options To Extend | Scheduled Increases
- Part of Larger Development | New Commercial and Residential | Surrounding Retailers | Strong Real Estate Value
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
- Strong Demographics In 5-mile Trade Area
EXECUTIVE SUMMARY
This newly constructed retail building is a standout opportunity within the vibrant Orlando MSA. Designed for modern functionality and visibility, the property features a contemporary façade and prime frontage along US-441, a major corridor with traffic counts exceeding 46,000 vehicles per day. The building sits on a 1.84-acre parcel and offers excellent accessibility with multiple ingress and egress points from US-441, Fiddler Road, and JW Simpson Way.
The structure is part of a master-planned 17-acre retail development anchored by nationally recognized brands, creating a dynamic environment for sustained customer traffic. With 85 dedicated parking spaces and a parking ratio of approximately 21.79 stalls per 1,000 SF, the site ensures convenience for patrons. Its strategic location is surrounded by new residential communities, hospitality projects, and strong demographics, including over 70,000 residents and an average household income of $92,755 within a five-mile radius.
This property combines high visibility, modern construction, and exceptional co-tenancy, making it an ideal choice for retailers seeking a premier position in a growing market.
The structure is part of a master-planned 17-acre retail development anchored by nationally recognized brands, creating a dynamic environment for sustained customer traffic. With 85 dedicated parking spaces and a parking ratio of approximately 21.79 stalls per 1,000 SF, the site ensures convenience for patrons. Its strategic location is surrounded by new residential communities, hospitality projects, and strong demographics, including over 70,000 residents and an average household income of $92,755 within a five-mile radius.
This property combines high visibility, modern construction, and exceptional co-tenancy, making it an ideal choice for retailers seeking a premier position in a growing market.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,900 SF
Building Class
C
Year Built
2025
Price
$3,974,000
Price Per SF
$1,018.97
Cap Rate
5.30%
NOI
$210,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.84 AC
Zoning
County PUD - Planned Unit Development
Parking
85 Spaces (21.79 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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First Watch - Orlando (Mount Dora) FL | 18915 US Hwy 441
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