Multi-Tenant NNN Retail
For Sale
Contact for pricing
850 S Sun Drive, Lake Mary, FL 32746
Freestanding retail pad with three national-brand occupants and newly executed long-term net leases.
Property SizeContact for details
Days on Market145
Property Features for 850 S Sun Drive
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Sun Realty Partners
(480) 221-4221
Listed By:
Kevin Yaryan · License #FL BK3143015
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 9:24PM
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 Sun Realty Partners
Investment Insights
Based on property information with market context.
The Shoppes at Lake Mary is a freestanding, multi-tenant retail pad comprising the land and building, with Starbucks featuring a drive-through, Noodle & Company, and Verizon as the occupants. Each tenant has signed a new 10-year lease, and the leases include a 10% rental increase in year 6 of the initial term. Net lease structures require tenants to reimburse taxes, insurance, and CAM expenses.
The property occupies the signalized intersection of W. Lake Mary Boulevard and S. Sun Drive, less than half a mile east of Interstate 4 with direct access to the interstate’s on- and off-ramps. It is positioned between two power centers with national and credit tenants including Target, Publix Super Market, Staples, Hobby Lobby, Academy Sports + Outdoors, Ross, and The Fresh Market. Orlando Sanford International Airport is 8 miles east of the property.
The property occupies the signalized intersection of W. Lake Mary Boulevard and S. Sun Drive, less than half a mile east of Interstate 4 with direct access to the interstate’s on- and off-ramps. It is positioned between two power centers with national and credit tenants including Target, Publix Super Market, Staples, Hobby Lobby, Academy Sports + Outdoors, Ross, and The Fresh Market. Orlando Sanford International Airport is 8 miles east of the property.
Key Highlights
- Three occupants: Starbucks with drive‑through, Noodle & Company, and Verizon
- New 10‑year leases include a 10% rental increase in year 6 of the initial term
- Net leases reimburse taxes, insurance, and CAM expenses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,740
Businesses Nearby
136k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 59%
Leisure 27%
Home Improvements & Furnishings 12%
Hotels & Casinos 2%
Target
Superstores
80,104 visits/mo
0.4 miles
Topgolf
Leisure
36,536 visits/mo
0.5 miles
At Home
Home Improvements & Furnishings
16,413 visits/mo
0.4 miles
Homewood Suites by Hilton Lake Mary
Hotels & Casinos
2,481 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 - Freestanding retail pad with three national-brand occupants and newly executed long-term net leases.
Where is this nnn property located?
The property is located at 850 S Sun Drive Lake Mary, FL.
What are key features of this property?
This property features: Three occupants: Starbucks with drive‑through, Noodle & Company, and Verizon; New 10‑year leases include a 10% rental increase in year 6 of the initial term; Net leases reimburse taxes, insurance, and CAM expenses
