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Shoppes at Currency Circle 901 Currency Cir 13,088 SF 100% Leased Retail Building Lake Mary, FL 32746 $15,751,665 CAD ($1,203.52 CAD/SF) 6.21% Cap Rate
Investment Highlights
- Fully leased asset featuring a high-quality tenant mix, including brands like Cava, Advent Health, MedNow Urgent Care & Velvet Nail Bar.
- Stabilized Cash Flow: Boasts a stabilized rent roll with long-term leases in place, providing predictable cash flow for a new owner.
Executive Summary
100% Occupied Retail Center: Fully leased asset featuring a high-quality tenant mix, including brands like Cava, Advent Health, MedNow Urgent Care and Velvet Nail Bar.
Dominant Trade Area: Situated in a high-growth corridor with superior demographics, including an average household income exceeding $140,000 within a 3-mile radius.
Prime Endcap Positioning: Endcaps and remaining suites offer excellent visibility and frontage along the heavily trafficked Lake Mary Blvd with monument signage.
Significant Daytime Population: Supported by 119,000+ employees within 5 miles, driven by proximity to major corporate neighbors like Home Depot, Publix, Chick-fil-A, Target, Florida Blue, etc.
Strategic Regional Access: Located immediately off Interstate 4 (I-4), providing seamless connectivity to the greater Orlando MSA.
Stabilized Cash Flow: Boasts a stabilized rent roll with long-term leases in place, providing predictable cash flow for a new owner.
Dominant Trade Area: Situated in a high-growth corridor with superior demographics, including an average household income exceeding $140,000 within a 3-mile radius.
Prime Endcap Positioning: Endcaps and remaining suites offer excellent visibility and frontage along the heavily trafficked Lake Mary Blvd with monument signage.
Significant Daytime Population: Supported by 119,000+ employees within 5 miles, driven by proximity to major corporate neighbors like Home Depot, Publix, Chick-fil-A, Target, Florida Blue, etc.
Strategic Regional Access: Located immediately off Interstate 4 (I-4), providing seamless connectivity to the greater Orlando MSA.
Stabilized Cash Flow: Boasts a stabilized rent roll with long-term leases in place, providing predictable cash flow for a new owner.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,088 SF
Building Class
B
Year Built
2017
Price
$15,751,665 CAD
Price Per SF
$1,203.52 CAD
Cap Rate
6.21%
NOI
$978,106 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.80 AC
Zoning
PUD - Planned Unit Development
Parking
69 Spaces (7.41 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Freeway Visibility
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Adventist Health System
- Health Care and Social Assistance
- -
-
$9.99
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Adventist Health System | Health Care and Social Assistance | - | $9.99 | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-20-30-512-0A01-0000 | Improvements Assessment | $3,877,581 CAD |
| Land Assessment | $2,679,789 CAD | Total Assessment | $6,557,370 CAD |
Property Taxes
Parcel Number
07-20-30-512-0A01-0000
Land Assessment
$2,679,789 CAD
Improvements Assessment
$3,877,581 CAD
Total Assessment
$6,557,370 CAD
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Shoppes at Currency Circle | 901 Currency Cir
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