2728 W Old Us Highway 441 Mount Dora, FL 32757

This well-maintained retail property in Mount Dora, Florida, offers a strong in-place cash flow, currently fully leased by a mix of national, regional, and local tenants. The property presents a value-add opportunity due to its rent-weighted average lease term of 2.5 years, allowing for near-term increases in net operating income through market rent adjustments and converting gross leases to triple net leases. The property benefits from excellent visibility and accessibility, situated along W Old Hwy 441 with a traffic count of approximately 12,000 vehicles per day. It features three points of ingress/egress, including access via a signalized intersection, facilitating seamless traffic flow for customers and tenants. Ample parking is available, with 447 surface parking spaces, providing a ratio of approximately 6.2 spaces per 1,000 square feet, accommodating a wide range of tenant uses, including retail, medical, and service-based operators. The property has been consistently maintained, with roof and HVAC systems in excellent condition, resulting in minimal deferred maintenance and limited near-term capital expenditure requirements. The property size is 73,479 square feet.