Listed by Green Towers Realty
$6,634,000
The Shops at Veranda Park
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 17,604
Cap Rate 6.00%
Occupancy 100%
Tenancy Multi
Price per SqFt $377
Year Built 2004
Buildings 1
Stories 1
Retail | 6.00% CAP | 17,604 SqFt
Marketing description
The Shops at Veranda Park is a ±17,604 square foot, multi-tenant retail asset located within the highly desirable MetroWest master-planned community in Orlando, Florida. Veranda Park Building 1000 presents the opportunity to acquire a well-located, stabilized neighborhood retail asset in the highly desirable MetroWest / Windermere submarket of Orlando, Florida.
Investment highlights
- STRATEGIC METROWEST LOCATION: Located within the 1,800+ acre MetroWest masterplanned community, one of Orlando’s most established and densely populated submarkets. Minutes from major thoroughfares; Florida Turnpike, S Kirkman Rd, CR-408, I-4, W Colonial Dr
- HIGH VISIBILITY CORNER: Fronting South Hiawassee Road, a primary north-south artery serving West Orlando with strong daily traffic counts (28,500 VPD).
- CURATED TENANT MIX DRIVING DAILY ACTIVATION: Coffee, medical, service, and experiential tenants create all-day traffic patterns
- INTERNET-RESISTANT TENANT MIX: Service-oriented and medical tenancy supports long-term stability and reduced e-commerce exposure.
- UPSIDE THROUGH RENT GROWTH: Several tenants below market relative to newer leases
Listing Contacts
Listed by Green Towers Realty
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