Corporate-Leased NNN
New
For Sale
Contact for pricing
2555 Canoe Creek Road, Saint Cloud, FL 34769
Newly constructed single-tenant asset with a corporate lease and limited landlord responsibilities.
Property SizeContact for details
Days on Market5
Property Features for 2555 Canoe Creek Road
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Net Operating Income
$303,000
Additional Details
Cap Rate
6%
Traffic Count
16,600 vehicles/day
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Atlantic Capital Partners
Listed By:
David Hoppe · License #NC 288268
(704) 375-7771
Source:
Crexi
Added: Sep 1
Changed: Sep 4
Last Checked: Sep 4 at 2:59PM
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 Atlantic Capital Partners
Investment Insights
Based on property information with market context.
This single-tenant net-leased property at 2555 Canoe Creek Road features a newly constructed building completed in 2026 and a direct corporate lease with The Sherwin-Williams Company. The agreement provides a 10-year initial term, with rent commencing January 1, 2027, and six additional five-year renewal options. Contractual increases of 8% apply at each option period, with total lease potential extending through 2067 if all options are exercised. Landlord obligations are limited to the roof and structure, supporting a limited-management ownership profile. The lease carries a 6.00% cap rate and corporate guaranty. The property fronts Canoe Creek Road, which records 16,600 AADT, and connects directly to Nolte Road, reporting 21,000 AADT. It is located within the Orlando-Kissimmee-Sanford MSA.
Key Highlights
- Single‑tenant net‑leased property at 2555 Canoe Creek Road, St Cloud, FL 34769
- Lease carries a 6.00% cap rate with a corporate guaranty
- Initial lease term runs 10 years, beginning January 1, 2027
Property Analytics
Current Use
Lease Details
16,600 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 82%
Shops & Services 18%
Walmart Neighborhood Market
Groceries
42,242 visits/mo
0.1 miles
FedEx Office Print & Ship Center
Shops & Services
9,253 visits/mo
0.2 miles
Demographics for 34769, FL
27,594
Population
11,070
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
89%
High-School Grad
10.6 sq mi
ZIP Area
2,603
Density / Sq Mi
$58,764
Median Household Income
$35,776
Median Earnings
$1,400
Median Rent
$271,800
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 - Newly constructed single-tenant asset with a corporate lease and limited landlord responsibilities.
Where is this nnn property located?
The property is located at 2555 Canoe Creek Road Saint Cloud, FL.
What is the asking price?
The asking price for this property is $5,050,000.
What are key features of this property?
This property features: Single‑tenant net‑leased property at 2555 Canoe Creek Road, St Cloud, FL 34769; Lease carries a 6.00% cap rate with a corporate guaranty; Initial lease term runs 10 years, beginning January 1, 2027
