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

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
Convenience Store
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
ALDI
Krystal
Fairwinds Credit Union
Checkers
Winn-dixie Wine & Spirits
Truist
Waffle House
Bob Evans Restaurants
Starbucks

PROPERTY TAXES

  • Listing ID: 34629183

  • Date on Market: 1/28/2025

  • Last Updated:

  • Address: 1390 E Altamonte Dr, Altamonte Springs, FL 32701