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Central Parc @ Howell Branch - Winter Park FL 2451 Howell Market Ln 11,163 SF 100% Leased Retail Building Winter Park, FL 32792 $8,075,265 CAD ($723.40 CAD/SF) 6.15% Cap Rate
Investment Highlights
- Fully Leased | Options To Extend | Rental Increases
- High Traffic Location | Near Active Retail Corridor
- Strong Demographics In 5-mile Trade Area
- NNN Leases | Fee Simple Ownership | Minimal Landlord Expenses
- Dense Residential Neighborhood | Surrounding Multifamily Developments
Executive Summary
• 100% occupied as of February 2025
• Over 5 years of lease term remaining among four tenants
• All tenants have multiple options to extend at fixed rents or increases
• Each lease features fixed annual rental rate increases providing a hedge against inflation
• Over 5 years of lease term remaining among four tenants
• All tenants have multiple options to extend at fixed rents or increases
• Each lease features fixed annual rental rate increases providing a hedge against inflation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,163 SF
Building Class
B
Year Built
2021
Price
$8,075,265 CAD
Price Per SF
$723.40 CAD
Cap Rate
6.15%
NOI
$496,653 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.23 AC
Zoning
PD - Commercial
Parking
48 Spaces (4.3 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-21-30-5VT-0000-0050 | Improvements Assessment | $3,193,037 CAD |
| Land Assessment | $2,199,364 CAD | Total Assessment | $5,392,402 CAD |
Property Taxes
Parcel Number
27-21-30-5VT-0000-0050
Land Assessment
$2,199,364 CAD
Improvements Assessment
$3,193,037 CAD
Total Assessment
$5,392,402 CAD
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Central Parc @ Howell Branch - Winter Park FL | 2451 Howell Market Ln
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