4304 Clarcona Ocoee Rd Orlando, FL 32810
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High-yield Amscot NN, strong tenant.
Property size:
3,200 SFProperty Features for 4304 Clarcona Ocoee Rd
General Information
- Property type
- Lifestyle centers
- Square Feet
- 3,200 SF
Building Details
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agent: Juan Romero
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 3,200 square foot freestanding building occupied by Amscot, a financially strong corporate tenant, under a net lease. Located at 4304 Clarcona Ocoee Road in Orlando, Florida (zip code 32810), this property boasts excellent visibility and accessibility, situated at a main intersection with frontage on Clarcona Ocoee Road and proximity to Orange Blossom Trail. The property features a 20-year lease, originally commencing May 10, 2007, with a remaining term of 2.5 years and two remaining renewal options, each with a 10% rent increase. The current lease expiration is May 13, 2027. The tenant, Amscot, has demonstrated a long-term commitment to the location, having exercised its second renewal option in May 2022. The property includes 9 parking spaces and sits on a 43,224 square foot lot, offering approximately 0.75 acres of potential for additional development. The asking price is $2,050,000, representing a 6.62% cap rate and a price per square foot of $640.62. The property's Net Operating Income (NOI) is $135,762, with 100% occupancy. The property is zoned AC-1/W and includes one single-story building constructed in 2007. This is a value-add investment opportunity with a corporate guaranteed lease.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Amscot - The Money Superstore
Loan Service
Western Union
Bank
Galaxy Fireworks Tent
Discount Store
R'RChimney&Dryer Vent Cleaning ...
General Contractor
Galaxy Fireworks
Discount Store
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.4327233
- Latitude
- 28.6124711
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FAQs
What type of property is this?
Lifestyle center - High-yield Amscot NN, strong tenant.
Where is this lifestyle center located?
The property is located at 4304 Clarcona Ocoee Rd Orlando, FL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Amscot recently exercised their second renewal option, extending their lease through May 2027.; Long-term tenant, Amscot, has occupied the property since 2007.; High traffic location with excellent road frontage on Clarcona Ocoee Road (AADT 24,000).
