Verizon Wireless
For Sale
$1,946,417
2143 US Highway 92 W, Auburndale, FL 33823
Built-to-suit retail location with double-net lease structure and renewal options.
Property Size3,913 SF
Price / SF$497.42
Days on Market37
Property Features for 2143 US Highway 92 W
General Information
Standard status
Active
Size
3,913 SF
Property subtype
Retail - Freestanding
Net Operating Income
$116,785
Additional Details
Cap Rate
6%
Traffic Count
39,000 vehicles/day
Building Details
Building Size
3,913 SF
Year Built
2015
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Kyle Carson · License #6501384480
Source:
Commercialcafe
Added: Jul 26
Changed: Aug 30
Last Checked: Aug 30 at 7:33PM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Completed in 2015, this 3,913-square-foot built-to-suit storefront operates as a Verizon Wireless retail location in Auburndale, Florida. The property is subject to a double-net lease with 3.75 years remaining and limited landlord responsibilities. Two five-year renewal options provide additional lease duration, with a 5% rental increase in each option period. The lease is guaranteed by Cellular Sales of Knoxville, Inc.
The property fronts US Highway 92 W at 2143 US Highway 92 W and benefits from reported traffic of more than 39,000 vehicles per day. The corridor includes Walmart, Lowe’s, Aldi, and other national retailers. The five-mile population is 67,427, with projected growth to 74,768 by 2026. The three-mile average household income is $61,979 per year, and projected five-mile population growth is 2.2%.
The property fronts US Highway 92 W at 2143 US Highway 92 W and benefits from reported traffic of more than 39,000 vehicles per day. The corridor includes Walmart, Lowe’s, Aldi, and other national retailers. The five-mile population is 67,427, with projected growth to 74,768 by 2026. The three-mile average household income is $61,979 per year, and projected five-mile population growth is 2.2%.
Key Highlights
- 3,913‑square‑foot built‑to‑suit Verizon Wireless storefront completed in 2015
- Double‑net lease with 3.75 years remaining and minimal landlord responsibilities
- Two (5) Yr. renewal options, each with a 5% rental rate increase
Property Analytics
Property Profile
Current Use
Lease Details
39,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
418k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 31%
Superstores 26%
Dining 26%
Home Improvements & Furnishings 9%
Walmart
Superstores
109,863 visits/mo
0.2 miles
RaceTrac
Shops & Services
45,069 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
37,363 visits/mo
0.3 miles
McDonald's
Dining
30,606 visits/mo
0.1 miles
Chili's Grill & Bar
Dining
23,530 visits/mo
0.2 miles
Demographics for 33823, FL
33,733
Population
15,383
Households
2.2
Avg Household Size
42
Median Age
17%
College-Educated
86%
High-School Grad
34.9 sq mi
ZIP Area
967
Density / Sq Mi
$64,248
Median Household Income
$39,187
Median Earnings
$1,068
Median Rent
$234,300
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?
Storefront property - Built-to-suit retail location with double-net lease structure and renewal options.
Where is this storefront property located?
The property is located at 2143 US Highway 92 W Auburndale, FL.
What is the asking price?
The asking price for this property is $1,946,417.
What are key features of this property?
This property features: 3,913‑square‑foot built‑to‑suit Verizon Wireless storefront completed in 2015; Double‑net lease with 3.75 years remaining and minimal landlord responsibilities; Two (5) Yr. renewal options, each with a 5% rental rate increase
