3010 E Semoran Blvd
Apopka, FL 32703
Walmart Neighborhood Market and Gas · Land For Sale · 6.29 AC

New construction in flourishing high-growth Orlando suburb, with traffic counts of over 51,000 vehicles per day. 20-year NNN ground lease. There are sixteen (5) year options with 5% increases every five years. The lessee, Wal-Mart Stores East L.P., is a subsidiary of Wal-Mart Stores, Inc. (NYSE: WMT), one of the strongest retailers in the world. The subject property is located in the community of Apopka, FL which is part of the Orlando MSA. Situated in a highly dense residential market: Nearly 80,000 residents in a 3-mile radius and over 190,000 residents within a 5-mile radius. The average household income exceeds $76,000 in a 3- mile radius. By 2020 the population is projected to grow an additional 6%.