1200 E Irlo Bronson Memorial Hwy - Freestanding FOR SALE


Saint Cloud, FL 34771
$2,924,000 USD
650-678-7200
1200 E Irlo Bronson Memorial Hwy, Saint Cloud, FL for Sale
$2,924,000 USD
Freestanding - FOR SALE
1/2
null | 5.85% Cap Rate

1200 E Irlo Bronson Memorial Hwy
Saint Cloud, FL 34771


HIGHLIGHTS

  • Corporate net lease featuring 10% rental increases every 5 years
  • Lease signed by tenant’s corporate entity – Heartland Dental, LLC
  • Premier retail fundamentals – hard corner signalized intersection with 45,000+ vehicles per day in a dense, high income area
  • Tenant pays all common area maintenance directly
  • Large 1.14 acre lot
  • 201,894 residents within a 10-mile radius of the subject property

OVERVIEW

A corporate Heartland Dental lease featuring 10% rental increases every 5 years and four, 5-year extension options with the same increases. The subject property benefits from the sprawling residential population of St. Cloud due to recent developments such Hanover Lakes by Landsea Homes, a 409-home development strategically located for its proximity to Walt Disney World, Universal Studios, and SeaWorld.

FOR SALE DETAILS

PRICE

$2,924,000 USD

PRICE/SF

$763 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

SI3

APN/PARCEL ID

07-26-31-0605-0001-0015

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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