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Investment Highlights

  • VALUE-ADD SHOPPING CENTER | 28% OCCUPIED: three buildings totaling 154,784 SF, about 73% vacant, offering positive in-place cash flow with value-add
  • RECENT CAPITAL IMPROVEMENTS Over the past three years, ownership has invested in meaningful tenant improvements to support ongoing lease-up efforts
  • STRONG RENT GROWTH POTENTIAL IN EXPANDING SUBMARKET The subject property’s average rent of $10.30 per SF is below the lake County submarket average
  • SIGNIFICANT UPSIDE POTENTIAL Leasing remaining 112,516 SF of vacant space at similar rental rates could potentially add $1.1 million+ in cash flow
  • DEVELOPMENT POTENTIAL: property includes two vacant parcels positioned for redevelopment
  • PROXIMITY TO MANY NATIONALLY RECOGNIZED RETAILERS: directly south of a high-performing Walmart Supercenter, ranking in the top 8% Locations

Executive Summary

Golden Triangle Shopping Center presents a rare value-add investment opportunity in the heart of Mount Dora’s thriving retail corridor. Spanning over 21 acres with three buildings totaling 154,784 square feet, this property offers immediate cash flow with significant upside potential. Currently 27% occupied, the center provides more than 112,000 square feet of leasable space for future tenants, positioning investors to capitalize on Lake County’s robust retail demand and rent growth trends. Recent capital improvements and two vacant parcels—one with US Highway 441 frontage—create additional redevelopment or expansion possibilities. Located within the Orlando Metro, a top-performing retail submarket with sub-4% vacancy and consistent rent growth, the property benefits from proximity to nationally recognized retailers and a high-traffic environment. With an average in-place rent well below market rates, this asset offers compelling prospects for income growth and long-term appreciation.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
154,784 SF
Building Class
C
Year Built/Renovated
1961/2022
Price
$8,065,890 CAD
Price Per SF
$52.11 CAD
Percent Leased
27%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.16
Lot Size
21.79 AC
Zoning
C-3 - Highway commercial zoning within the City of Mt. Dora.
Parking
505 Spaces (3.26 Spaces per 1,000 SF Leased)
Frontage
908’ on Old Us-441 Hwy

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2705
  • 2,800 SF
  • Retail
  • -
  • Now

Available now, 2800 square foot end unit. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Zoning C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2707
  • 1,200 SF
  • Retail
  • -
  • Now

Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Zoning C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2709
  • 2,623 SF
  • Retail
  • In-Line
  • Now

Available now, 2,623 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2711
  • 3,000 SF
  • Flex
  • -
  • Now

Available now, 3,000 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2727
  • 2,000 SF
  • Office/Retail
  • -
  • Now

Available now, 2000 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2733
  • 840 SF
  • Office/Retail
  • -
  • Now

Under 2 miles to downtown Mount Dora. Zoning C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2735
  • 9,520 SF
  • Office/Retail
  • -
  • Now

Available now, 9520 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2739
  • 8,500 SF
  • Office/Retail
  • -
  • Now

Available now, 8500 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2743
  • 6,000 SF
  • Office/Retail
  • -
  • Now

Available now, 6000 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2751
  • 51,000 SF
  • Retail
  • End Cap
  • Now

Available now, 51,000 square foot anchor space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

  • 2761
  • 10,692 SF
  • Office/Retail
  • -
  • Now

Available now, 10,692 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

Space Size Space Use Position Available
2705 2,800 SF Retail - Now
2707 1,200 SF Retail - Now
2709 2,623 SF Retail In-Line Now
2711 3,000 SF Flex - Now
2727 2,000 SF Office/Retail - Now
2733 840 SF Office/Retail - Now
2735 9,520 SF Office/Retail - Now
2739 8,500 SF Office/Retail - Now
2743 6,000 SF Office/Retail - Now
2751 51,000 SF Retail End Cap Now
2761 10,692 SF Office/Retail - Now

2705

Size
2,800 SF
Space Use
Retail
Position
-
Available
Now

2707

Size
1,200 SF
Space Use
Retail
Position
-
Available
Now

2709

Size
2,623 SF
Space Use
Retail
Position
In-Line
Available
Now

2711

Size
3,000 SF
Space Use
Flex
Position
-
Available
Now

2727

Size
2,000 SF
Space Use
Office/Retail
Position
-
Available
Now

2733

Size
840 SF
Space Use
Office/Retail
Position
-
Available
Now

2735

Size
9,520 SF
Space Use
Office/Retail
Position
-
Available
Now

2739

Size
8,500 SF
Space Use
Office/Retail
Position
-
Available
Now

2743

Size
6,000 SF
Space Use
Office/Retail
Position
-
Available
Now

2751

Size
51,000 SF
Space Use
Retail
Position
End Cap
Available
Now

2761

Size
10,692 SF
Space Use
Office/Retail
Position
-
Available
Now

2705

Size 2,800 SF
Space Use Retail
Position -
Available Now

Available now, 2800 square foot end unit. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Zoning C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2707

Size 1,200 SF
Space Use Retail
Position -
Available Now

Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Zoning C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2709

Size 2,623 SF
Space Use Retail
Position In-Line
Available Now

Available now, 2,623 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2711

Size 3,000 SF
Space Use Flex
Position -
Available Now

Available now, 3,000 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2727

Size 2,000 SF
Space Use Office/Retail
Position -
Available Now

Available now, 2000 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2733

Size 840 SF
Space Use Office/Retail
Position -
Available Now

Under 2 miles to downtown Mount Dora. Zoning C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2735

Size 9,520 SF
Space Use Office/Retail
Position -
Available Now

Available now, 9520 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2739

Size 8,500 SF
Space Use Office/Retail
Position -
Available Now

Available now, 8500 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2743

Size 6,000 SF
Space Use Office/Retail
Position -
Available Now

Available now, 6000 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2751

Size 51,000 SF
Space Use Retail
Position End Cap
Available Now

Available now, 51,000 square foot anchor space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

2761

Size 10,692 SF
Space Use Office/Retail
Position -
Available Now

Available now, 10,692 square foot space. Can be built out to suit tenant's needs. Under 2 miles to downtown Mount Dora. Commercially zoned C-3, signalized entry from highway 441, and plenty of parking. Leasing options offer flexibility, with prices ranging from $8.00 to $14.00 per square foot. Take advantage of some of the more economical rents in the area, while still enjoying the high visibility and traffic counts of Old US Highway 441.

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
Anytime Fitness
LongHorn Steakhouse
Perkins
Chili's Grill & Bar
Starbucks
Regions Bank
PNC Bank

Property Taxes

Property Taxes

Parcel Number
25-19-26-0525-000-00100
Land Assessment
$1,293,271 CAD
Improvements Assessment
$4,921,806 CAD
Total Assessment
$6,215,077 CAD
  • Listing ID: 31430177

  • Date on Market: 2024-04-05

  • Last Updated:

  • Address: 2751 W Old US Highway 441, Mount Dora, FL 32757

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