Listed by Forness Properties LLC
$11,500,000
901 Currency Circle
Details
APN 07-20-30-512-0A01-0000
Property Type Retail
Sub Type QSR/Fast Food, Shopping Center
Square Footage 13,088
NOI $714,097
Occupancy 100%
Tenancy Multi
Year Built 2017
Acreage 1.840
Zoning PUD / 1601:Retail Center- Unanchored
Parking Spaces 94 spaces
Parking Per SqFt 7.18
Ground Lease No
Fully Leased Center for Sale | Lake Mary, FL
Marketing description
- Dominant Trade Area: Situated in a high-growth corridor with superior demographics, including an average household income exceeding $140,000 within a 3-mile radius.
- Significant Daytime Population: Supported by 119,000+ employees within 5 miles, driven by proximity to major corporate neighbors like Home Depot, Publix, Chick-fil-A, Target, Florida Blue, etc.
- Strategic Regional Access: Located immediately off Interstate 4 (I-4), providing seamless connectivity to the greater Orlando MSA.
- Stabilized Cash Flow: Boasts a stabilized rent roll with long-term leases in place, providing predictable cash flow for a new owner.
- National Tenant Momentum: Anchored by Cava, one of the fastest-growing fast-casual brands in the country, driving consistent premium foot traffic.
Investment highlights
- 100% Occupied Retail Center: Fully leased asset featuring a high-quality tenant mix, including brands like Cava, Advent Health, MedNow Urgent Care and Velvet Nail Bar.
- Prime Endcap Positioning: Endcaps and remaining suites offer excellent visibility and frontage along the heavily trafficked Lake Mary Blvd with monument signage.
Listing Contacts
Listed by Forness Properties LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$714,097.01
$59,508.08/mo
Valuation Metrics
0
DSCR
6.21%
Cap Rate
6.21%
ROI
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