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Savannah Park Retail - Sanford FL 4700-4720 International Pkwy 10,314 SF 100% Leased Retail Building Sanford, FL 32771 $8,253,295 CAD ($800.20 CAD/SF) 6% Cap Rate
Investment Highlights
- 4-Tenant, 100% Occupied Retail Strip Center | Long-Term Stability | Below Market Rents
- Prime Location With Excellent Visibility & Access
- Strong Demographics in Growing Trade Area
- NNN Leases | Passive, Fee Simple Ownership | Management In Place
- Adjacent to Luxury Multifamily | Daily-Needs Oriented Demand
- Surrounding Development Planned | Future Local Growth
Executive Summary
• 2017 construction requiring minimal capital expenditures
• Fully leased to four established tenants with over 5 years of average lease term remaining. Cycle Bar (Aug 2033), Urban OM Yoga (Mar 2027), Foxtail Coffee (Oct 2028), and Salon Lofts (Jul 2031)
• All tenants feature remaining option periods – three at fixed rents and one at fair market rent ensuring stability and potential upside through rent escalation
• Strong tenant synergy across fitness, wellness, food & beverage, and personal services
• New construction retail strips are routinely getting $45-$50/SF+ in surrounding Orlando submarkets leaving additional future upside
• Fully leased to four established tenants with over 5 years of average lease term remaining. Cycle Bar (Aug 2033), Urban OM Yoga (Mar 2027), Foxtail Coffee (Oct 2028), and Salon Lofts (Jul 2031)
• All tenants feature remaining option periods – three at fixed rents and one at fair market rent ensuring stability and potential upside through rent escalation
• Strong tenant synergy across fitness, wellness, food & beverage, and personal services
• New construction retail strips are routinely getting $45-$50/SF+ in surrounding Orlando submarkets leaving additional future upside
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,314 SF
Building Class
B
Year Built
2017
Price
$8,253,295 CAD
Price Per SF
$800.20 CAD
Cap Rate
6%
NOI
$495,229 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
0.27 AC
Zoning
PD - Planned Development
Parking
103 Spaces (9.99 Spaces per 1,000 SF Leased)
Amenities
- Monument Signage
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,370,922 CAD | |
| Land Assessment | $2,238,473 CAD | Total Assessment | $3,609,395 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,238,473 CAD
Improvements Assessment
$1,370,922 CAD
Total Assessment
$3,609,395 CAD
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Savannah Park Retail - Sanford FL | 4700-4720 International Pkwy
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