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Savannah Park Retail - Sanford FL 4700-4720 International Pkwy 10,314 SF 100% Leased Retail Building Sanford, FL 32771 $6,230,000 ($604.03/SF) 5.85% Cap Rate
INVESTMENT HIGHLIGHTS
- 4-Tenant, 100% Occupied Retail Strip Center | Long-Term Stability | Below Market Rents
- Prime Location With Excellent Visibility & Access
- Strong Demographics in Growing Trade Area
- NNN Leases | Passive, Fee Simple Ownership | Management In Place
- Adjacent to Luxury Multifamily | Daily-Needs Oriented Demand
- Surrounding Development Planned | Future Local Growth
EXECUTIVE SUMMARY
• 2017 construction requiring minimal capital expenditures
• Fully leased to four established tenants with over 5 years of average lease term remaining. Cycle Bar (Aug 2033), Urban OM Yoga (Mar 2027), Foxtail Coffee (Oct 2028), and Salon Lofts (Jul 2031)
• All tenants feature remaining option periods – three at fixed rents and one at fair market rent ensuring stability and potential upside through rent escalation
• Strong tenant synergy across fitness, wellness, food & beverage, and personal services
• New construction retail strips are routinely getting $45-$50/SF+ in surrounding Orlando submarkets leaving additional future upside
• Fully leased to four established tenants with over 5 years of average lease term remaining. Cycle Bar (Aug 2033), Urban OM Yoga (Mar 2027), Foxtail Coffee (Oct 2028), and Salon Lofts (Jul 2031)
• All tenants feature remaining option periods – three at fixed rents and one at fair market rent ensuring stability and potential upside through rent escalation
• Strong tenant synergy across fitness, wellness, food & beverage, and personal services
• New construction retail strips are routinely getting $45-$50/SF+ in surrounding Orlando submarkets leaving additional future upside
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,314 SF
Building Class
B
Year Built
2017
Price
$6,230,000
Price Per SF
$604.03
Cap Rate
5.85%
NOI
$364,643
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
0.27 AC
Zoning
PD - Planned Development
Parking
103 Spaces (9.99 Spaces per 1,000 SF Leased)
AMENITIES
- Monument Signage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,553,312 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,553,312
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Savannah Park Retail - Sanford FL | 4700-4720 International Pkwy
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