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4304 Clarcona Ocoee Rd Orlando, FL 32810

For Sale
$2,050,000

High-yield Amscot NN, strong tenant.

Property size:
3,200 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
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 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

HighLights

  • 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).
  • Strong visibility from Orange Blossom Trail (AADT 30,000).
  • One‑acre lot offers significant redevelopment potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Amscot - The Money Superstore Loan Agency Western Union Money Transfer Service Galaxy Fireworks Tent Fireworks Store R'RChimney&Dryer Vent Cleaning ... Chimney Sweep Galaxy Fireworks Fireworks Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Orlando
County
Orange
State
Florida
Longitude
-81.4327233
Latitude
28.6124711

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).
More about this property
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