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Shopping Strip

Wal-Mart Supercenter Shadow Anchored Retail Portfolio

5920 Metropolis Way, Orlando, FL 32811

Listing Price: $8,850,000

Cap Rate
6.48%
Gross SF
32,538
Rentable SF
32,538
Price/Gross SF
$271.99
Lot Size
5.40 acres
Year Built
2009

Investment Overview

Marcus & Millichap is pleased to offer for sale, Metro Point Retail Portfolio which has three components, a 32,500 square feet Shopping Center, a 3,850 square feet freestanding Single Tenant Net Leased Spectrum (built in 2018) and a Retail Pad ready to be developed, approved for 5000 square feet. The subjects are located in Orlando, Florida, just a few minutes north of Universal Studios, off of busy Kirkman Road. The property is shadow-anchored by Walmart Supercenter and is surrounded by many other national retailers such as McDonald's, Dollar Tree, Chase Bank, Starbucks, Chipotle, Bank of America, Arby's, and many more. Metro Point (built in 2009), is anchored by Planet Fitness Gym, which is owned and guaranteed by a multiple unit's operator. The center is also occupied by T-Mobile and Sanitas Medical (Urgent Care). This is a rare opportunity to invest in a stable, 100 percent occupied strip center in a dense retail submarket with the unmatched draw of Walmart.

Investment Highlights

  • Walmart Supercenter Shadow Anchored
  • 67% National & Regional Tenants
  • Almost All Tenants Are First Generation
  • Minutes from Universal Studio
  • Densely populated area of 117,151 within 3 miles
  • Great Visibility With 58,000 Vehicles Per Day on Kirkman Road
  • Valencia, Columbia, Nova and Orange Colleges within 5 Miles

Exclusively Listed By

Shopping Strip

Wal-Mart Supercenter Shadow Anchored Retail Portfolio

Listing Price: $8,850,000

Cap Rate
6.48%
Gross SF
32,538
Rentable SF
32,538
Price/Gross SF
$271.99
Lot Size
5.40 acres
Year Built
2009

Investment Highlights

  • Walmart Supercenter Shadow Anchored
  • 67% National & Regional Tenants
  • Almost All Tenants Are First Generation
  • Minutes from Universal Studio
  • Densely populated area of 117,151 within 3 miles
  • Great Visibility With 58,000 Vehicles Per Day on Kirkman Road
  • Valencia, Columbia, Nova and Orange Colleges within 5 Miles

Investment Overview

Marcus & Millichap is pleased to offer for sale, Metro Point Retail Portfolio which has three components, a 32,500 square feet Shopping Center, a 3,850 square feet freestanding Single Tenant Net Leased Spectrum (built in 2018) and a Retail Pad ready to be developed, approved for 5000 square feet. The subjects are located in Orlando, Florida, just a few minutes north of Universal Studios, off of busy Kirkman Road. The property is shadow-anchored by Walmart Supercenter and is surrounded by many other national retailers such as McDonald's, Dollar Tree, Chase Bank, Starbucks, Chipotle, Bank of America, Arby's, and many more. Metro Point (built in 2009), is anchored by Planet Fitness Gym, which is owned and guaranteed by a multiple unit's operator. The center is also occupied by T-Mobile and Sanitas Medical (Urgent Care). This is a rare opportunity to invest in a stable, 100 percent occupied strip center in a dense retail submarket with the unmatched draw of Walmart.

Exclusively Listed By

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