Property summary
This exceptional Class A retail/office property, located at 996 E. Plant St, Suite 200, Winter Garden, FL 34787, presents a compelling investment opportunity. The 1.6-acre site boasts a total of 6 units, totaling approximately 17,500 square feet, currently 80% occupied. The property features three retail spaces and three office spaces, all delivered in grey shell condition. Suite 102 (2,419 sq ft) is currently leased to Mosaic Hair Studio & Blowout Bar. Suites 100 (2,910 sq ft), 101 (2,424 sq ft), 200 (2,963 sq ft), 201 (2,935 sq ft), and 202 (3,304 sq ft) are available for lease. The asking price is $1,700,000, representing a 7.00% cap rate. The existing leases have a remaining term of 10 years, structured as NNN leases. Construction is expected to be completed in early 2025. Situated in the heart of Winter Garden, this property offers high visibility and easy access to major roads, making it an ideal location for businesses seeking a vibrant, pedestrian-friendly environment. This is a chance to own a piece of a thriving community and benefit from the strong growth potential of East Winter Garden. The property is a multi-tenant building constructed in 2024. This investment offers a blend of immediate income and future development potential, making it an attractive option for discerning investors.
Property profile
VerifiedCap rate & NOI
Current use
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Food Processing Plant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of I-2 zone is intended to apply to an area located in close proximity to transportation facilities and which can serve heavy manufacturing, storage, distribution and other heavy industrial functions of the c…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Derived from the Winter Garden market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-2 · Winter Garden, FLThe purpose of I-2 zone is intended to apply to an area located in close proximity to transportation facilities and which can serve heavy manufacturing, storage, distribution and other heavy industrial functions of the c…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of I-2 zone is intended to apply to an area located in close proximity to transportation facilities and which can serve heavy manufacturing, storage, distribution and other heavy industrial functions of the c…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-2 in Winter Garden, FL.
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