7720 Turkey Lake Rd - Freestanding FOR SALE


Orlando, FL 32819- Doctor Phillips
$10,995,000 USD
786-338-5731
7720 Turkey Lake Rd, Orlando, FL for Sale
$10,995,000 USD
Freestanding - FOR SALE
1/4
null | 6.53% Cap Rate

7720 Turkey Lake Rd
Orlando, FL 32819
Doctor Phillips


HIGHLIGHTS

  • Newly Renovated Three Tenant Retail Property Located in Dense Section of Orlando’s Theme Park Area and Anchored by Rokka’s Brazilian Supermarket which
  • All Tenants are on NNN Leases with Over 7 Year WALT (Weighted Average Lease Term) and Aggressive Base Rental Increases
  • Rokka’s Market Recently Invested $2.5 Million Into Their Space with No Tenant Improvement Allowance from the Landlord
  • Turkey Lake Road has Daily Traffic Counts Over 24,000, and the Property is Just North of W Sand Lake Road which has Over 55,000 Vehicles Per Day
  • The Property Sits Just South of Universal Orlando Resort, and is Nearby Sea World and Universal’s Epic Theme Park
  • Neighboring National Tenants Include Walmart, Publix, Whole Foods, Trader Joe’s, Sprouts, Bank of America, Panera Bread, Five Guys Burgers and Many Mo

OVERVIEW

Marcus & Millichap is proud to present for sale, Shoppes at Turkey Lake, newly renovated three tenant retail property located in dense section of Orlando’s Theme Park Area and anchored by Rokka’s Brazilian Supermarket which is reporting $750/SF in store sales. The Property sits just South of Universal Orlando Resort, and is nearby Sea World and Universal’s Epic Theme Park. Neighboring national tenants Include Walmart, Publix, Whole Foods, Trader Joe’s, Sprouts, Bank of America, Panera Bread, Five Guys Burgers and many more.

FOR SALE DETAILS

PRICE

$10,995,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

6.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoppes at Turkey Lake

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

P-D

APN/PARCEL ID

26-2328-5411-00-020

ASK ABOUT THIS PROPERTY

Kirk OlsonMarcus & MillichapMore Info
786-338-5731

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

Kirk OlsonMarcus & MillichapMore Info
786-338-5731

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