200 Us Hwy 17th 92 Longwood, FL 32750-5584

This exceptional investment opportunity presents a fee-simple ownership of a 34,000 square foot Esporta Fitness (formerly LA Fitness) facility in Longwood, Florida. The property boasts a strong 6.60% cap rate and a substantial 10.7-year remaining lease term with three 5-year renewal options, ensuring long-term income stability. The lease, a triple-net (NN) agreement, features built-in rental increases of $1.50 per square foot every five years, effectively hedging against inflation. The corporate-guaranteed lease minimizes landlord responsibilities, making this an ideal low-management investment. Situated on a 6.75-acre lot with 267 parking spaces, the property enjoys exceptional visibility at a heavily trafficked intersection (108,400 vehicles per day) on US Highway 17-92, a prime retail corridor anchored by national tenants like Target, Home Depot, and Lowe's. The property benefits from a dense residential population within a two-mile radius, including several large apartment complexes. Longwood's affluent demographics, proximity to Orlando, and a strong 5-mile trade area with over 207,100 residents and 102,900 employees further enhance the investment's appeal. The property was built in 2020 and is zoned GC - General Commercial. The asking price is $10,947,000, representing a price per square foot of $321.97 and a net operating income (NOI) of $722,500. This is a rare opportunity to acquire a high-performing, passively managed investment property with significant long-term growth potential.