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Corporate-Guaranteed NNN Retail Property
For Sale
Contact for pricing
Pending

4021 Conroy Road, Orlando, FL 32839

Freestanding footwear retail asset with limited landlord responsibilities and a five-year firm lease term remaining.

Property SizeContact for details
Days on Market147

Property Features for 4021 Conroy Road

General Information

Standard status Pending
Property subtype Retail, Industrial

Site & Location

Corner Location Yes
Traffic Count 41,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #CA License No. 01912215
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:32AM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This fee-simple retail property combines land and building ownership with a corporate-guaranteed NNN lease to DSW Shoe Warehouse Inc., recently rebranded as Designer Brands (NYSE: DBI). The tenant has exercised its first of four five-year extension options, leaving five years of firm term. The lease assigns limited responsibilities to the landlord. A large monument sign supports storefront identification, and the property occupies a signalized hard corner at Conroy Rd. and Eastgate Dr.

The site is positioned as an outparcel to The Mall at Millenia, a 1.11 million SF regional shopping mall anchored by Macy’s, Neiman Marcus, and Bloomingdale’s. Nearby access includes Interstate 4, which carries 161,000 VPD, and Florida’s Turnpike, reported at 118,000 VPD. Additional surrounding retail includes Costco Wholesale, Target, Ikea, HomeGoods, Nordstrom Rack, and The Home Depot. The property is less than 2.5 miles northwest of Universal Studios Florida and within walking distance of multiple apartment communities.

Key Highlights

  • Corporate‑guaranteed NNN lease with 5 years of firm term remaining
  • Tenant exercised the first of 4 (5‑year) extension options
  • Signalized hard corner at Conroy Rd. and Eastgate Dr.

Property Analytics

Current Use

DSW Designer Shoe ... Clothing & Fashion Store DSW at Millenia Clothing & Fashion Store

Suggested Use

Top Pick Dental Office Parking Lot & Garage Daycare Center Electrical Service Barber Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

41,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,221
Businesses Nearby
894k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 33% Dining 21% Superstores 18% Shops & Services 11%
Macy's Apparel
150,141 visits/mo 0.5 miles
Target Superstores
126,588 visits/mo 0.5 miles
IKEA Home Improvements & Furnishings
83,209 visits/mo 0.4 miles
Costco Gasoline Shops & Services
54,190 visits/mo 0.4 miles
Bloomingdale's Apparel
48,444 visits/mo 0.4 miles

Demographics for 32839, FL

58,641
Population
24,325
Households
2.4
Avg Household Size
32
Median Age
21%
College-Educated
83%
High-School Grad
7.4 sq mi
ZIP Area
7,924
Density / Sq Mi
$50,814
Median Household Income
$31,648
Median Earnings
$1,429
Median Rent
$250,800
Median Home Value

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding footwear retail asset with limited landlord responsibilities and a five-year firm lease term remaining.
Where is this nnn property located?
The property is located at 4021 Conroy Road Orlando, FL.
What are key features of this property?
This property features: Corporate‑guaranteed NNN lease with 5 years of firm term remaining; Tenant exercised the first of 4 (5‑year) extension options; Signalized hard corner at Conroy Rd. and Eastgate Dr.
(480) 221-4221 Call to check price and availability
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