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Central Parc @ Howell Branch - Winter Park FL 2451 Howell Market Ln 11,163 SF 100% Leased Retail Building Winter Park, FL 32792 $6,053,000 ($542.24/SF) 6% Cap Rate
Investment Highlights
- Fully Leased | Options To Extend | Rental Increases
- High Traffic Location | Near Active Retail Corridor
- Strong Demographics In 5-mile Trade Area
- NNN Leases | Fee Simple Ownership | Minimal Landlord Expenses
- Dense Residential Neighborhood | Surrounding Multifamily Developments
Executive Summary
• 100% occupied as of February 2025
• Over 5 years of lease term remaining among four tenants
• All tenants have multiple options to extend at fixed rents or increases
• Each lease features fixed annual rental rate increases providing a hedge against inflation
• Over 5 years of lease term remaining among four tenants
• All tenants have multiple options to extend at fixed rents or increases
• Each lease features fixed annual rental rate increases providing a hedge against inflation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,163 SF
Building Class
B
Year Built
2021
Price
$6,053,000
Price Per SF
$542.24
Cap Rate
6%
NOI
$363,175
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.23 AC
Zoning
PD - Commercial
Parking
48 Spaces (4.3 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-21-30-5VT-0000-0050 | Improvements Assessment | $2,333,580 |
| Land Assessment | $1,607,370 | Total Assessment | $3,940,950 |
Property Taxes
Parcel Number
27-21-30-5VT-0000-0050
Land Assessment
$1,607,370
Improvements Assessment
$2,333,580
Total Assessment
$3,940,950
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Central Parc @ Howell Branch - Winter Park FL | 2451 Howell Market Ln
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