Investment Overview

Marcus & Millichap is pleased to present 7559 University Blvd in Winter Park, FL. A 100% occupied multi tenant retail center sitting on 2.34 acres in an A+ location along University Blvd. The Property is offered well below replacement cost with a projected Year 2 proforma cap rate of 6.90%, providing investors with stable in-place income and a clear path to meaningful near-term upside. This upside is driven by scheduled rent growth, improved expense reimbursements, and the ability to increase rents closer to market levels as leases roll over or are renewed. Current net rents average approximately $16.02 PSF, significantly below the overall market rent of $31.40 PSF according to CoStar, offering investors meaningful rent growth potential as existing lease rates remain well below current market averages. The property also benefits from strong market fundamentals, with overall market vacancy at just 4.0% according to CoStar, supporting continued leasing demand and future rent growth in the surrounding trade area. The center is 100% occupied and features a diverse mix of restaurant, service, wireless, and convenience-oriented tenants. Positioned along University Boulevard with exposure to approximately 41,000 vehicles per day, and near Goldenrod Road with approximately 26,500 vehicles per day, the Property benefits from strong visibility, easy access, ample parking, and proximity to major national retailers including Costco, Publix, Target, Aldi, Chick-fil-A, Starbucks, CVS, and Wells Fargo.