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VERIZON & T-MOBILE – DAVENPORT, FL 43384 US-27 3,300 SF 100% Leased Retail Building Davenport, FL 33837 $2,963,538 CAD ($898.04 CAD/SF) 5% Cap Rate



INVESTMENT HIGHLIGHTS
- Credit Tenants | Verizon & T-Mobile: National, investment-grade tenants with strong balance sheets and consistent customer demand
- Prime Visibility & Access: Located on US-27 (76,327 CPD) with direct access and excellent signage opportunities.
- Outparcel-Like Positioning: Across from major anchors with strong retail draw, boosting foot traffic
- 10-Year NNN Leases: Long-term lease structures with built-in rental escalations, minimizing landlord responsibilities
- Dominant Retail Corridor: Surrounded by national retailers including Target, Publix, BJ’s, Hobby Lobby, Marshalls, Best Buy, PetSmart, and more
- Explosive Regional Growth: Davenport and the surrounding Polk County area are experiencing significant residential and commercial development
EXECUTIVE SUMMARY
An exceptional opportunity to acquire a fully stabilized, 100% occupied retail property featuring two of the nation’s leading telecommunications providers — Verizon and T-Mobile. Both tenants are secured under 10-year triple-net leases with structured rental escalations, offering investors long-term income security and built-in value appreciation.
Strategically located in the high-growth corridor of Davenport, FL, this property benefits from trophy-level frontage on US-27 with traffic counts exceeding 76,000 CPD, just half a mile south of I-4, one of Central Florida’s busiest interstate corridors with over 130,000 CPD. The property sits directly across from a Dick’s Sporting Goods/Ross-anchored center, driving synergistic retail traffic.
Situated in the Orlando-Tampa growth corridor, Davenport benefits from robust migration trends, residential housing expansion, and increasing consumer demand. Its location near I-4 places it within reach of major tourist destinations, logistics hubs, and a growing year-round population. Retail vacancy remains low in the area, supporting long-term rental growth and tenant demand.
This investment offers the security of long-term national tenants, prime Florida location, and a rare combination of visibility, credit, and lease term — making it ideal for 1031 buyers, institutional investors, and portfolio diversifiers seeking yield stability with upside potential in a Sun Belt market poised for continued expansion.
Broker of Record
Brian Brockman - Bang Realty-Naples, Inc
LIC # BK3327646
Strategically located in the high-growth corridor of Davenport, FL, this property benefits from trophy-level frontage on US-27 with traffic counts exceeding 76,000 CPD, just half a mile south of I-4, one of Central Florida’s busiest interstate corridors with over 130,000 CPD. The property sits directly across from a Dick’s Sporting Goods/Ross-anchored center, driving synergistic retail traffic.
Situated in the Orlando-Tampa growth corridor, Davenport benefits from robust migration trends, residential housing expansion, and increasing consumer demand. Its location near I-4 places it within reach of major tourist destinations, logistics hubs, and a growing year-round population. Retail vacancy remains low in the area, supporting long-term rental growth and tenant demand.
This investment offers the security of long-term national tenants, prime Florida location, and a rare combination of visibility, credit, and lease term — making it ideal for 1031 buyers, institutional investors, and portfolio diversifiers seeking yield stability with upside potential in a Sun Belt market poised for continued expansion.
Broker of Record
Brian Brockman - Bang Realty-Naples, Inc
LIC # BK3327646
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,300 SF
Year Built
2018
Price
$2,963,538 CAD
Price Per SF
$898.04 CAD
Cap Rate
5%
NOI
$148,037 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.43 AC
Zoning
C - Commercial
Frontage
726’ on U.S. 27
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- T-Mobile
- -
- -
- -
- -
- Verizon
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| T-Mobile | - | - | - | - | ||
| Verizon | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-26-18-000000-014170 | Improvements Assessment | $433,817 CAD |
| Land Assessment | $263,907 CAD | Total Assessment | $697,723 CAD |
PROPERTY TAXES
Parcel Number
27-26-18-000000-014170
Land Assessment
$263,907 CAD
Improvements Assessment
$433,817 CAD
Total Assessment
$697,723 CAD
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VERIZON & T-MOBILE – DAVENPORT, FL | 43384 US-27
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