Property History
Introducing a prime investment opportunity located at 14400 Narcoossee Road, Orlando, FL 32827. This single-tenant absolute NNN property features a drive-thru pharmacy leased to Walgreens, a corporate guaranty-rated tenant (NASDAQ: WBA | S&P: BBB-). Situated in the thriving Lake Nona area known as "The Future of Cities," this property boasts a signalized, hard corner intersection with high visibility, drawing in over 58,500 vehicles per day. With a new 12-year absolute NNN lease in place, offering a net operating income of $623,000 and a competitive cap rate of 5.70%, this investment provides a secure and long-term income stream. The property spans 14,820 SF on a 2.11 AC land area, built-in 2025. Tenant commitment is evident with 11+ years remaining on the lease and scheduled rental increases every 5 years, along with 9 (5-year) extension options.
11+ Years Remaining | New Construction | Scheduled Rental Increases | Nationally Recognized Brand
Absolute NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
Lake Nona New Development | Fast-Growing City
Signalized, Hard Corner Intersection | Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools | Drive-Thru Equipped
Demographics in 5-mile Trade Area | Six-Figure Incomes
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
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Map
Comparable Properties
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