425 Silver Star Rd Ocoee, FL 34761
Sponsored
Property size:
61,100 SF- Added:
- Dec 11, 2024
- Days on Market:
- 393
Property Features for 425 Silver Star Rd
General Information
- Property type
- Lifestyle centers
- Square Feet
- 61,100 SF
- Lot Size
- 342,817 SF
Building Details
- Buildings
- 4
- Units
- 24
HighLights
- 61,100 SF retail strip center on 7.87 acres with 24 units, 100% occupancy, and gross leases; 70% expiring in 2025 without renewal options.
- Triple‑net leases; however, owner is not currently collecting reimbursements for taxes, insurance, and maintenance.
- Significant value‑add opportunity: Leasing rates can be increased to $14 NNN, boosting valuation to over $11M at a 7% cap rate.
- Prime Ocoee, FL location within the Orlando MSA, offering excellent highway access and proximity to residential and commercial areas.
- Strong demographics: Over 4,400 residents within 1 mile and 62,000+ within 3 miles, with a median household income exceeding $72,000.
- Located near major retailers (Walmart, Target, Lowe's) and other key businesses, ensuring high traffic and tenant retention.
Property Profile
Location Intelligence
Current Use by Public Records
Mi pueblito
Shopping Mall
Ocoee Coin Laundry
Laundromat
Location Insight
- Map
- Local Demand
- City
- Ocoee
- County
- Orange
- State
- Florida
- Longitude
- -81.551224768132
- Latitude
- 28.574261293766
Nearby Comparable
Nearby Similar for Sale
FAQs
Where is this lifestyle center located?
The property is located at 425 Silver Star Rd Ocoee, FL.
What is the asking price?
The asking price for this property is $7,995,000.
What are key features of this property?
This property features: 61,100 SF retail strip center on 7.87 acres with 24 units, 100% occupancy, and gross leases; 70% expiring in 2025 without renewal options.; Triple-net leases; however, owner is not currently collecting reimbursements for taxes, insurance, and maintenance.; Significant value-add opportunity: Leasing rates can be increased to $14 NNN, boosting valuation to over $11M at a 7% cap rate.
