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3806 Ocoee Apopka Rd
Apopka, FL 32703
Retail For Sale · Retail Property For Sale
·
9,100 SF
Property Facts
| Price | Not Individually For Sale | Building Class | A |
| Building Size | 9,100 SF | Lot Size | 0.54 AC |
| Property Type | Retail | Tenancy | Single |
| Property Subtype | Freestanding | Parking Ratio | 3.85/1,000 SF |
| Price | Not Individually For Sale |
| Building Size | 9,100 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Building Class | A |
| Lot Size | 0.54 AC |
| Tenancy | Single |
| Parking Ratio | 3.85/1,000 SF |
Executive Summary
Franklin Street Real Estate Services is pleased to present this newly constructed, freestanding Dollar General located in Paradise Heights (Apopka), Florida. Paradise Heights is an unincorporated area within Apopka and is part of Orange County. It is included within the Orlando-Kissimmee-Sanford MSA. The property is situated near the intersection of U.S. Route 437 (Ocoee Apopka Rd 13,000 VPD) and W. McCormick Road, just west of U.S. Hwy 429, the main north-south thoroughfare through Orange County where it merges with Interstate 4. The proposed site is in a highly visible location with easy vehicle access. The building will be a new 9,002 SF prototype on a large 1.81±-acre parcel. Dollar General has signed a new 15-year NNN lease that will commence in October of 2015. Dollar General will be responsible for all maintenance, repairs, taxes and insurance for the premises. The lease has 10% rent increases in each five-year option period.
This investment provides an investor the opportunity to acquire a passive investment with an investment grade tenant that is recession proof in a market with minimal competition and strong consumer demand.
This investment provides an investor the opportunity to acquire a passive investment with an investment grade tenant that is recession proof in a market with minimal competition and strong consumer demand.
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