NNN Retail Pad
4335 W Lake Mary Blvd Lake Mary, FL 32746
4335 W Lake Mary Blvd, Lake Mary, FL, 32746
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For Sale
Contact for pricing
Pending
NNN pad site offered for sale with an initial 23-year lease and 11 years remaining.
Days on Market103
Property Features for 4335 W Lake Mary Blvd
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Cross Country Commercial Realty Inc.
Listed by
George Gavalas · License #NY10311208861
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 6:59PM Checked: Jul 20 at 6:59PM
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 Cross Country Commercial Realty Inc.
Investment Insights
Based on property information with market context.
NNN retail pad site for sale at 4335 W Lake Mary Blvd in Lake Mary, FL 32746. The offering includes an initial 23-year lease structure with 11 years remaining, plus three renewal options: option 1 (8 years), option 2 (8 years), and option 3 (5 years).
The rent is described as including a percentage of store sales for the landlord, with a requirement that percentage amounts be above $1,183,41, along with a 9 percent fee and CPI. The public remarks also reference store sales performance, including that sales for 2018 were 1.66 million, and list pricing at $3,500,000 with rent stated as $192,084.
This is presented as a “Boston Market” pad site in the public remarks, with the lease terms and store-sales-based components included as part of the NNN structure.
The rent is described as including a percentage of store sales for the landlord, with a requirement that percentage amounts be above $1,183,41, along with a 9 percent fee and CPI. The public remarks also reference store sales performance, including that sales for 2018 were 1.66 million, and list pricing at $3,500,000 with rent stated as $192,084.
This is presented as a “Boston Market” pad site in the public remarks, with the lease terms and store-sales-based components included as part of the NNN structure.
Key Highlights
- Boston Market NNN pad site for sale at 4335 W Lake Mary Blvd, Lake Mary, FL 32746
- Initial 23‑year lease with 11 years remaining
- Lease options: 8 years (Option 1), 8 years (Option 2), and 5 years (Option 3)
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - NNN pad site offered for sale with an initial 23-year lease and 11 years remaining.
Where is this nnn property located?
The property is located at 4335 W Lake Mary Blvd Lake Mary, FL.
What are key features of this property?
This property features: Boston Market NNN pad site for sale at 4335 W Lake Mary Blvd, Lake Mary, FL 32746; Initial 23‑year lease with 11 years remaining; Lease options: 8 years (Option 1), 8 years (Option 2), and 5 years (Option 3)
