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Shopping Strip

Shoppes at Turkey Lake

7720 Turkey Lake Rd, Orlando, FL 32819

Listing Price: $10,995,000

Cap Rate
6.53%
Gross SF
19,595
Rentable SF
19,595
Price/Gross SF
$561.11
Lot Size
1.81 acres
Year Built
2014

Investment Overview

Marcus & Millichap is proud to present for sale, Shoppes at Turkey Lake in Orlando, Florida. The Property Sits Just South of Universal Orlando Resort, and is Nearby Sea World and Universal’s Epic Theme Park. Neighboring National Tenants Include Walmart, Publix, Whole Foods, Trader Joe’s, Sprouts, Bank of America, Panera Bread, Five Guys Burgers and Many More. Daytime Population Over 59,000 and $131,000 Average Household Income within Three Miles of the Subject Property. The Property is Highly Visible on Turkey Lake Road and Benefits from an Excellent Parking Ratio of Almost 6.5 Spaces Per 1,000 Square Feet.

Investment Highlights

  • Newly Renovated Three Tenant Retail Property Located in Dense Section of Orlando's Theme Park Area and Anchored by Rocca's Brazilian Supermarket which is Reporting $750/SF in Store Sales
  • All Tenants are on NNN Leases with Over 7 Year WALT (Weighted Average Lease Term) and Aggressive Base Rental Increases
  • Rocca's Market Recently Invested $2.5 Million Into Their Space with No Tenant Improvement Allowance from the Landlord

Exclusively Listed By

Financing By

Shopping Strip

Shoppes at Turkey Lake

Listing Price: $10,995,000

Cap Rate
6.53%
Gross SF
19,595
Rentable SF
19,595
Price/Gross SF
$561.11
Lot Size
1.81 acres
Year Built
2014

Investment Highlights

  • Newly Renovated Three Tenant Retail Property Located in Dense Section of Orlando's Theme Park Area and Anchored by Rocca's Brazilian Supermarket which is Reporting $750/SF in Store Sales
  • All Tenants are on NNN Leases with Over 7 Year WALT (Weighted Average Lease Term) and Aggressive Base Rental Increases
  • Rocca's Market Recently Invested $2.5 Million Into Their Space with No Tenant Improvement Allowance from the Landlord

Investment Overview

Marcus & Millichap is proud to present for sale, Shoppes at Turkey Lake in Orlando, Florida. The Property Sits Just South of Universal Orlando Resort, and is Nearby Sea World and Universal’s Epic Theme Park. Neighboring National Tenants Include Walmart, Publix, Whole Foods, Trader Joe’s, Sprouts, Bank of America, Panera Bread, Five Guys Burgers and Many More. Daytime Population Over 59,000 and $131,000 Average Household Income within Three Miles of the Subject Property. The Property is Highly Visible on Turkey Lake Road and Benefits from an Excellent Parking Ratio of Almost 6.5 Spaces Per 1,000 Square Feet.

Exclusively Listed By

Financing By

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