$2,050,000
Amscot - NN - 4304 Clarcona Ocoee Rd, Orlando, FL
Details
Property Type Land, Retail
Sub Type Commercial, Shopping Center
Square Footage 3,200
Net Rentable (SqFt) 3,200
Units 1
Cap Rate 6.62%
NOI $135,762
Occupancy 100%
Tenancy Single
Brand/Tenant AMSCOT
Lease Type NN
Lease Term 20
Lease Expiration 05/13/2027
Remaining Term 0.9
Rent Bumps Yes
Lease Options 2
Price per SqFt $641
Broker Co-Op Yes
Year Built 2007
Buildings 1
Stories 1
Lot Size (SqFt) 43,224
Zoning AC-1/W
Parking Spaces 9 spaces
Parking Per SqFt 2.81
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/10/2007
Ground Lease No
$2,050,000 - 6.62%
Marketing description
Stubins Group is pleased to offer this 3,200 sf freestanding building located at 4304 Clarcona Ocoee Road in Orlando, Florida 32810. Located at a main intersection, property is off Orange Blossom Trl with frontage to Clarcona Ocoee Rd. Amscot has operated at this location since 2007 and demonstrated commitment by extending its first 2 options.
Approximately 0.75 acres of surplus land may allow for additional development.
Investment highlights
Amscot exercised its Second Renewal Term on May 14, 2022.
Amscot has operated at this location since 2007
Frontage to Clarcona Ocoee Rd (AADT of 24,000)
Excellent visibility from Orange Blossom Trl at (AADT of 30,000)
Perfect opportunity for further development with 1± acre parcel
Amscot has operated at this location since 2007
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,762.00
$11,313.50/mo
Valuation Metrics
0
DSCR
6.62%
Cap Rate
6.62%
ROI
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