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1220 Semoran Blvd Apopka, FL 32703

For Sale
$995,000

NNN Lease, 7% Cap Rate, High Traffic

Property size:
1,035 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional investment opportunity presents a 1,035 square foot storefront in Apopka, Florida, situated on a prominent 0.55-acre corner lot at 1220 E Semoran Blvd, zip code 32703. The property boasts excellent visibility and high traffic counts exceeding 43,000 vehicles daily. Currently leased to an established Orlando auto dealership under a 5-year NNN lease (expiring September 30, 2027), with a remaining term of approximately 2.9 years, this property offers a secure investment with a 7.09% cap rate and a minimum 5% annual rent increase. The building, renovated in 2022, consists of two structures and is zoned C1. The lease commenced October 1, 2022, generating a current NOI of $70,560. The asking price is $995,000, translating to $961.35 per square foot. The property features excellent monument signage facing Semoran Boulevard, ensuring high brand visibility. Its location near other major retail businesses further enhances its appeal and potential for long-term growth. This is a rare opportunity to acquire a stable, high-performing retail investment in a prime location.

Property Features for 1220 Semoran Blvd

General Information

Property type
Individual retail properties
Square Feet
1,035 SF
Lot Size
23,958 SF

Building Details

Year Renovated
2022
Buildings
2

HighLights

  • New 5‑Year NNN Lease with an established Orlando auto dealership tenant.
  • 7% CAP Rate.
  • 5% Minimum Annual Rent Increases.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Apopka
County
Orange
State
Florida
Longitude
-81.488374
Latitude
28.6725415

FAQs

What type of property is this?
Individual retail property - NNN Lease, 7% Cap Rate, High Traffic
Where is this individual retail property located?
The property is located at 1220 Semoran Blvd Apopka, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: New 5-Year NNN Lease with an established Orlando auto dealership tenant.; 7% CAP Rate.; 5% Minimum Annual Rent Increases.
More about this property
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