10715 Narcoossee Rd - Bank FOR SALE


Orlando, FL 32832- Lake Nona
$3,794,038 USD
786-522-7027
10715 Narcoossee Rd, Orlando, FL for Sale
$3,794,038 USD
Bank - FOR SALE
1/8
null | 5.2% Cap Rate

10715 Narcoossee Rd
Orlando, FL 32832
Lake Nona


HIGHLIGHTS

  • 20-Year NNN Ground Lease to Wells Fargo | 4 Years Remaining With Four, 5-Year Renewal Options
  • 2.5% Annual Rent Increases Throughout Base Term and Option Period
  • Longstanding Commitment to Site | Tenant Since 2007
  • Situated on 1.02 Acres | 245’ of Narcoosee Road Frontage – 38,000 AADT
  • Across From Publix Super Market Shopping Plaza
  • Surrounded by Numerous National Tenants Including; McDonald’s, Great Clips, 7-Eleven, The UPS Store, Regions Bank, Burger King, Taco Bell

OVERVIEW

- 20-Year NNN Ground Lease to Wells Fargo | 4 Years Remaining With Four, 5-Year Renewal Options - 2.5% Annual Rent Increases Throughout Base Term and Option Period - Longstanding Commitment to Site | Tenant Since 2007 - Deposits Through 06/30/2023- $114,251,000 - Situated on 1.02 Acres | 245’ of Narcoossee Road Frontage – 38,000 AADT - Across From Publix Super Market Shopping Plaza - Surrounded by Numerous National Tenants Including; McDonald’s, Great Clips, 7-Eleven, The UPS Store, Regions Bank, Burger King, Taco Bell - Lake Nona is one of America’s fastest-growing and most innovative communities. - Florida is an Income Tax Free State

FOR SALE DETAILS

PRICE

$3,794,038 USD

PRICE/SF

$975 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

P-D

APN/PARCEL ID

08-2431-5118-01-002

ASK ABOUT THIS PROPERTY

Jonathan De La RosaMarcus & MillichapMore Info
786-522-7027

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Jonathan De La RosaMarcus & MillichapMore Info
786-522-7027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.