3850 Fl-436 Apopka, FL 32703
- Retail properties
- 1,816 SF
- 0.76 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3850 Fl-436
- Year built
- 2008
- Lot size
- 0.76 lot acres
- Property size
- 1,816 SF
- Property type
- Retail properties
Description
Exceptional investment opportunity: a 1,816 sq ft Starbucks in Apopka, FL, boasting a strong 5.00% cap rate and $118,945 NOI. This single-tenant, net-lease property features a corporate-guaranteed lease with 8.5 years remaining (extending to 2033). Located on 0.76 acres at 3850 FL-436, 32703, in a high-traffic area with national retailers like Publix, Ace Hardware, McDonald's, and Taco Bell. The property, built in 2008, sits within the Orlando MSA, a top tourist destination attracting over 74 million annual visitors. This location is in the top 40% of Starbucks nationwide for annual visits, demonstrating consistent performance. The property benefits from a C zoning designation and offers a passive investment opportunity with no state income tax. The asking price is $2,378,904, translating to $1,309.97 per square foot. This is a rare chance to acquire a well-established, high-performing asset in a prime location. The lease commenced on May 31, 2008, and the property has a single story building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Apopka
- County
- Seminole
- State
- Florida
- Longitude
- -81.4415
- Latitude
- 28.6691
