Fully Leased NNN Retail
For Sale
Contact for pricing
4700 International Pkwy, Sanford, FL 32771
2017-built, fully occupied strip center anchored by four NNN tenants with remaining terms through 2035.
Property Size10,314 SF
Price / SF$579.50
Days on Market54
Property Features for 4700 International Pkwy
General Information
Standard status
Active
Size
10,314 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
16,400 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2017
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Tampa
Listed By:
William Wamble · License #SL3257920
Source:
Crexi
Added: Jun 12
Changed: Jul 10
Last Checked: Aug 3 at 8:22AM
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 Tampa
Investment Insights
Based on property information with market context.
This 2017-built, fully occupied multi-tenant retail strip center contains four established tenants operating under NNN leases. Tenant lease terms extend for multiple years, including CycleBar through August 2033, Urban OM Yoga through March 2027, Foxtail Coffee through October 2035, and Salon Lofts through July 2031. The leases also include remaining option periods, which supports long-term occupancy stability.
The property benefits from highly visible frontage along International Parkway with reported average daily traffic of 16,400 vehicles per day. It connects directly to State Highway 429 (18,400 VPD) and State Highway 46 (41,000 VPD), and is flanked by Interstate 4 (151,900 VPD), providing strong regional access to the Orlando and Sanford markets. It is immediately adjacent to Lofts at Savannah Park Luxury Apartments (151 units).
For investors, the NNN structure shifts operating expenses to the tenants, with tenants reimbursing their share of CAM, real estate taxes, insurance, and administrative fees. Landlord responsibilities are described as limited to roof, structure, and foundation, and the current property management can remain in place after sale for continuity. The tenant mix includes fitness and yoga, coffee, and salon uses, all in a dedicated retail strip configuration.
The property benefits from highly visible frontage along International Parkway with reported average daily traffic of 16,400 vehicles per day. It connects directly to State Highway 429 (18,400 VPD) and State Highway 46 (41,000 VPD), and is flanked by Interstate 4 (151,900 VPD), providing strong regional access to the Orlando and Sanford markets. It is immediately adjacent to Lofts at Savannah Park Luxury Apartments (151 units).
For investors, the NNN structure shifts operating expenses to the tenants, with tenants reimbursing their share of CAM, real estate taxes, insurance, and administrative fees. Landlord responsibilities are described as limited to roof, structure, and foundation, and the current property management can remain in place after sale for continuity. The tenant mix includes fitness and yoga, coffee, and salon uses, all in a dedicated retail strip configuration.
Key Highlights
- 2017‑built, fully occupied multi‑tenant retail strip center in Sanford with four tenants on NNN leases
- Over 5 years average lease term remaining; tenant lease expirations include March 2027, July 2031, August 2033, and October 2035
- Built‑in customer base from adjacency to Lofts at Savannah Park Luxury Apartments (151 units)
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $299.5k | $29.04 |
| − Vacancy | −$10.2k | −$0.99 |
| EGI | $289.3k | $28.05 |
| − OpEx | −$86.8k | −$8.42 |
| NOI | $202.5k | $19.64 |
10,314 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.89M
$2.53M – $3.38M
NOI $202,534 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.94M
$2.57M – $3.42M
NOI $205,455 @ 7.0% cap · market cap 3.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16,400 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
Explore this area
Business Placement
Demographics for 32771, FL
57,178
Population
24,062
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
37.5 sq mi
ZIP Area
1,525
Density / Sq Mi
$74,520
Median Household Income
$43,321
Median Earnings
$1,584
Median Rent
$332,500
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?
Strip mall - 2017-built, fully occupied strip center anchored by four NNN tenants with remaining terms through 2035.
Where is this strip mall located?
The property is located at 4700 International Pkwy Sanford, FL.
What is the asking price?
The asking price for this property is $5,977,000.
What are key features of this property?
This property features: 2017‑built, fully occupied multi‑tenant retail strip center in Sanford with four tenants on NNN leases; Over 5 years average lease term remaining; tenant lease expirations include March 2027, July 2031, August 2033, and October 2035; Built‑in customer base from adjacency to Lofts at Savannah Park Luxury Apartments (151 units)
