Winter Garden NNN Investment
For Sale
Contact for pricing
Pending
15710 West Colonial Drive, Winter Garden, FL 34787
New 20-year NNN lease with annual escalations.
Property Size9,450 SF
Lot Size1.64 Acres
Days on Market145
Property Features for 15710 West Colonial Drive
General Information
Standard status
Pending
Size
9,450 SF
Total Parking Spaces
54
Lot size
1.64 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$385,000
Building Details
Year Built
2024
Units
54
Tenancy
Single
Listing Agency:
CBRE - Orlando
Listed By:
Andrew Jaworski · License #Sl3405473
(631) 903-7137
Source:
Crexi
Added: May 21
Changed: Sep 23
Last Checked: Oct 12 at 5:44PM
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 CBRE - Orlando
Investment Insights
Based on property information with market context.
This property features a brand new 20-year absolute NNN sale-leaseback with Goldfish Swim School. The 9,450± SF state-of-the-art swimming facility is located in the City of Winter Garden, part of the Orlando metropolitan area, servicing the rapidly growing western part of the Central Florida market. Situated on a 1.64± acre parcel, the new 20-year absolute NNN lease commences upon COE and features 1.75% annual escalations throughout the term, providing hands-off ownership with no landlord obligations.
Key Highlights
- Brand new 20‑year absolute NNN lease with Goldfish Swim School.
- Enjoy 1.75% annual escalations throughout the 20‑year lease term.
- Truly hands‑off ownership with no landlord obligations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,568
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,711,360
$3.7M
Cap Rate 7%
$2,650,971
$2.7M
Cap Rate 9%
$2,061,867
$2.1M
Market Conditions
NOI Build-Up for 9,450 SF
Gross rent
$274.4K $29.04/SF
− Vacancy
−$9.3K −$0.99/SF
EGI
$265.1K $28.05/SF
− OpEx
−$79.5K −$8.42/SF
NOI
$185.6K $19.64/SF
Area
Orange County, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,711,360
Cap Rate 7%
$2,650,971
Cap Rate 9%
$2,061,867
Alternative Uses
Best Use
Retail
$2.65M
$2.32M – $3.09M
NOI $185,568 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.35M – $3.14M
NOI $188,244 @ 7.0% cap · market cap 3.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 78%
Dining 22%
Tractor Supply Co.
Home Improvements & Furnishings
12,838 visits/mo
0.4 miles
Foxtail Coffee
Dining
2,644 visits/mo
0.1 miles
Domino's Pizza
Dining
989 visits/mo
0.1 miles
Demographics for 34787, FL
88,636
Population
33,141
Households
2.7
Avg Household Size
36
Median Age
49%
College-Educated
94%
High-School Grad
67.3 sq mi
ZIP Area
1,317
Density / Sq Mi
$114,988
Median Household Income
$53,995
Median Earnings
$1,994
Median Rent
$475,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New 20-year NNN lease with annual escalations.
Where is this retail space located?
The property is located at 15710 West Colonial Drive Winter Garden, FL.
What is the asking price?
The asking price for this property is $5,620,438.
What are key features of this property?
This property features: Brand new 20‑year absolute NNN lease with Goldfish Swim School.; Enjoy 1.75% annual escalations throughout the 20‑year lease term.; Truly hands‑off ownership with no landlord obligations.
