2921 S Orlando Dr Unit 130 & 220, Sanford, FL 32773

For registration requirements and regulations, please review here or contact Tyler Ley | (949) 264-0332 | [email protected].

Vanwald & Associates is pleased to present the opportunity to acquire two (2) fully leased retail/office Units in The Sanford Plaza, located at 2921 Orlando Ave, Units 130 and 220, Sanford, FL.

100% Leased. The Units are fully leased with long term leases in place. Unit 130 is split into two (2) suites with one side leased to Bueno Pharmacy and the other to Embrace Families. The Pharmacy has been at this location for three (3) years and just renewed for another five (5) years, starting October 1, 2020. Embrace Families is a national tenant under a new four (4) year lease, which uses the suite as a drug testing facility and counseling offices. Both spaces were built to suit the needs of the tenants.

New Roof. Unit 130 has a brand new roof installed in August of 2020.

Great Visibility and Foot Traffic. Unit 130 is arguably the best unit in the center. Located directly next to Bravo Supermarket, the unit benefits of a captive audience and great exposure and visibility.

Long Term NNN Leases. The leases are NNN type leases stipulating that Tenants pay Base Rent (net of expenses), and Additional Rent to cover the yearly Operating Expenses, like property taxes, insurance, association dues, management, etc. The Additional Rent can be adjusted each year according to the actual expenses. This lease structure further protects the asset’s NOI from raising costs and unexpected expenses.

The Association (paid by Tenant through additional rent) maintains the parking areas, landscaping, walkways, the exterior of the suite, and more.

• Non-contingent
• Earnest Money Deposit is 10% of the Winning Bid Amount
• Platform Fee: 5% of the Winning Bid Amount, $20,000 minimum
• $5,000 Participation Deposit Required