10799 Moss Park Rd Orlando, FL 32832

Property Details for 10799 Moss Park Rd

Lot size

1.40 lot acres

Zone code

PD

Property type

Commercial land

APN

08-24-31-2503-02-000

APU

82431250302000

Description

This exceptional investment opportunity presents the Shoppes at East Park Village, a six-tenant, 100% occupied retail storefront in Orlando, Florida. Located at 10799 Moss Park Rd, 32832, this fee-simple property boasts 11,947 square feet on a 1.4-acre lot and was newly constructed in 2024. The property features a Net Lease (NNN) investment type with built-in rent bumps, providing a secure and stable income stream. The current Net Operating Income (NOI) is $456,619, yielding a 6.00% cap rate on an asking price of $7,610,000. This multi-tenant retail center is strategically positioned within a thriving mixed-use development, including a 200+ unit residential complex (Nova at East Park Village) and a 45,000 square foot medical building, ensuring continued growth and high visibility. Its prime location offers convenient access to State Highway 417 (72,400 vehicles per day), providing excellent accessibility. Furthermore, its proximity to a Publix-anchored neighborhood center (Cornerstone at Lake Hart), which ranks highly nationally, further enhances its desirability. The surrounding area demonstrates strong demographics, including a high average household income ($127,524 within a 1-mile radius) and a growing population within a 5-mile radius exceeding 79,000 residents and 24,000 employees. Orlando's consistent population growth (1.3% annually) and its proximity to Lake Nona contribute to the long-term potential of this investment. This is a rare opportunity to acquire a high-performing, newly constructed retail center in a rapidly expanding market.

Location Insight

City

Orlando

County

Orange

State

Florida

Longitude

-81.2319

Latitude

28.4149

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments