NNN Retail Pad
For Sale
Contact for pricing
Pending
4335 W Lake Mary Blvd, Lake Mary, FL 32746
NNN pad site offered for sale with an initial 23-year lease and 11 years remaining.
Property SizeContact for details
Days on Market122
Property Features for 4335 W Lake Mary Blvd
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Cross Country Commercial Realty Inc.
Listed By:
George Gavalas · License #NY10311208861
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 8 at 6:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cross Country Commercial Realty Inc.
Investment Insights
Based on property information with market context.
NNN retail pad site for sale at 4335 W Lake Mary Blvd in Lake Mary, FL 32746. The offering includes an initial 23-year lease structure with 11 years remaining, plus three renewal options: option 1 (8 years), option 2 (8 years), and option 3 (5 years).
The rent is described as including a percentage of store sales for the landlord, with a requirement that percentage amounts be above $1,183,41, along with a 9 percent fee and CPI. The public remarks also reference store sales performance, including that sales for 2018 were 1.66 million, and list pricing at $3,500,000 with rent stated as $192,084.
This is presented as a “Boston Market” pad site in the public remarks, with the lease terms and store-sales-based components included as part of the NNN structure.
The rent is described as including a percentage of store sales for the landlord, with a requirement that percentage amounts be above $1,183,41, along with a 9 percent fee and CPI. The public remarks also reference store sales performance, including that sales for 2018 were 1.66 million, and list pricing at $3,500,000 with rent stated as $192,084.
This is presented as a “Boston Market” pad site in the public remarks, with the lease terms and store-sales-based components included as part of the NNN structure.
Key Highlights
- Boston Market NNN pad site for sale at 4335 W Lake Mary Blvd, Lake Mary, FL 32746
- Initial 23‑year lease with 11 years remaining
- Lease options: 8 years (Option 1), 8 years (Option 2), and 5 years (Option 3)
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,799
Businesses Nearby
81k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 99%
Shops & Services 1%
Target
Superstores
80,104 visits/mo
0.2 miles
Public Storage
Shops & Services
1,017 visits/mo
0.5 miles
Demographics for 32746, FL
45,828
Population
20,204
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
97%
High-School Grad
21.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$111,534
Median Household Income
$55,860
Median Earnings
$1,912
Median Rent
$420,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - NNN pad site offered for sale with an initial 23-year lease and 11 years remaining.
Where is this nnn property located?
The property is located at 4335 W Lake Mary Blvd Lake Mary, FL.
What are key features of this property?
This property features: Boston Market NNN pad site for sale at 4335 W Lake Mary Blvd, Lake Mary, FL 32746; Initial 23‑year lease with 11 years remaining; Lease options: 8 years (Option 1), 8 years (Option 2), and 5 years (Option 3)
