425 W Silver Star Rd, Ocoee, FL 34761

Listing office The TRG Group

Listing date Nov 19, 2024

Source Crexi

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Overview

This fully occupied retail shopping center is located in Ocoee, Florida. The property encompasses 61,100 square feet on 7.87 acres and features 24 units with 100% occupancy. The property provides stable cash flow and has a cap rate of 8.56%. All leases are triple net leases. The property is positioned in a growing market within the Orlando MSA, benefiting from robust local demographics, including over 62,000 residents within a 3-mile radius and a median household income exceeding $72,000. The location is near other retailers and has concentrated traffic counts. Ample parking is available with 231 spaces. The property also has development potential for an outparcel.

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Pharmacy Hair Salon Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Silver Crossing Shopping Center — 1720 E Silver Star Rd, Ocoee, FL 34761
• Clarke Road Plaza — 1542 E Silver Star Rd, Ocoee, FL 34761

Location Insight

• Map
• Local Demand

City

Ocoee

County

Orange

State

Florida

Longitude

-81.5523545

Latitude

28.5744037

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FAQs

What type of property is this?

Shopping center - Fully occupied retail center in Ocoee with stable cash flow.

Where is this shopping center located?

The property is located at 425 W Silver Star Rd Ocoee, FL.

What is the asking price?

The asking price for this property is $7,491,531.

What are key features of this property?

This property features: 100% Occupancy with stable cash flow and an attractive 8.56% cap rate.; All leases are triple net (NNN), offering a passive investment.; Located in a growing market within the Orlando MSA with strong demographics.