Wawa - Altamonte Springs FL 1390 E Altamonte Dr
6,103 SF Retail Building Altamonte Springs, FL 32701 $5,508,000 ($903/SF) 4.75% Cap Rate
![1390 E Altamonte Dr, Altamonte Springs, FL for sale - Building Photo - Image 1 of 10](https://images1.loopnet.com/i2/OuUxvn0PazgAErjEDJxvdsAaqISxawjYXwXk_RpKrpk/110/1390-E-Altamonte-Dr-Altamonte-Springs-FL-Building-Photo-1-Large.jpg)
![1390 E Altamonte Dr, Altamonte Springs, FL for sale - Building Photo - Image 2 of 10](https://images1.loopnet.com/i2/1RQo8dWnYJNYtQl0TyZT7Z2dtvt4Kb-SYejMo3auHxQ/110/1390-E-Altamonte-Dr-Altamonte-Springs-FL-Building-Photo-2-Large.jpg)
![1390 E Altamonte Dr, Altamonte Springs, FL for sale - Building Photo - Image 3 of 10](https://images1.loopnet.com/i2/QeJxemQ0HVb28RmaM0tsX75qvdRRo5y5J_0O4Og-gaU/110/1390-E-Altamonte-Dr-Altamonte-Springs-FL-Building-Photo-3-Large.jpg)
INVESTMENT HIGHLIGHTS
- 9 Years Remaining | Established C-Store Operator |Scheduled Rental Increases | Options to Extend
- Signalized, Four-Way Intersection | Off US Hwy 17/92 |Part of Center w/ CubeSmart | New Developments
- Absolute NNN Ground Lease | No State Income Tax | No Landlord Responsibilities | Land Ownership
- Strong Demographics 5-Mile Trade Area | Six-Figure Incomes
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,103 SF
Building Class
B
Year Built
2015
Price
$5,508,000
Price Per SF
$903
Cap Rate
4.75%
NOI
$261,623
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.71 AC
Zoning
Commercial
Parking
65 Spaces (10.65 Spaces per 1,000 SF Leased)
Frontage
321 FT on E. Altamonte Dr
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
![Cross Fit Battlecry Cross Fit Battlecry](https://images1.loopnet.com/i2/aSsB08i-779PUNp3JZr3bRm5vgsXyAUxyxLsqXk9LQs/105/image.jpg)
![ALDI ALDI](https://images1.loopnet.com/i2/ZYUlCDqP84NW2oQ0_rkeO4IBxAP1rRkxBa2mMn5A2wA/105/image.png)
![Krystal Krystal](https://images1.loopnet.com/i2/M8ooj0FSKKQRSc45K5M3sXebUR94dSGAD50xnieDrAw/105/image.jpg)
![Fairwinds Credit Union Fairwinds Credit Union](https://images1.loopnet.com/i2/g6dEqRn1YCDn3gYJTD7n-1H0wQQV24o4TmNEoxCVNfg/105/image.jpg)
![Checkers Checkers](https://images1.loopnet.com/i2/eNjYoeyOn8o4nrRxCiLcpzgnu4xfrugkvQm93x_tYYc/105/image.jpg)
![Winn-dixie Wine & Spirits Winn-dixie Wine & Spirits](https://images1.loopnet.com/i2/RVfzPumrdLGQxZHZAZLUd3Qc199DCgg_3ijq8jzKNVg/105/image.jpg)
![Truist Truist](https://images1.loopnet.com/i2/2yJPwNfcXoGzObCi1C24w-U9HWs4_xw8Q6EL5SbH4RM/105/image.png)
![Waffle House Waffle House](https://images1.loopnet.com/i2/zw3r2YeHnY4LfJwUYOoqHOtPrLYrXqIxBOxLYC8cPOM/105/image.png)
![Bob Evans Restaurants Bob Evans Restaurants](https://images1.loopnet.com/i2/a83YSUL2yEvL7EoNuqf-vDsm3EsbvgHl7FcAhzeEKi8/105/image.jpg)
![Starbucks Starbucks](https://images1.loopnet.com/i2/V11gp9X1QvF-sYuRU43vwjphTt976BD4p9n50Z1aR1w/105/image.png)
PROPERTY TAXES
Parcel Number | 18-21-30-536-0000-0010 | Improvements Assessment | $624,721 |
Land Assessment | $1,053,149 | Total Assessment | $1,677,870 |