1506 Rock Springs Rd
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1506 Rock Springs Rd
3,335 SF 4-Star Retail Building Apopka, FL 32712 $3,918,000 ($1,175/SF) 4.85% Cap Rate
Investment Highlights
- The tenant recently signed a brand new 15 year lease with 5 year options
- Situated across the street from a 56,000 square foot shopping center anchored by Publix Super Market
- Located at the signalized, hard corner intersection of E Welch Rd and Rock Springs, Rd averaging a combined 38,600 vehicles
- The 5 mile area is supported by approximately 114,600 residents and 26,100 employees
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,335 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Construction Status
Under Construction
Price
$3,918,000
Price Per SF
$1,175
Cap Rate
4.85%
NOI
$190,023
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Land Acres
0.52 AC
Zoning
PD - Planned Development
Amenities
- Air Conditioning
PROPERTY TAXES
Parcel Number | 28-2033-0000-00-029 | Improvements Assessment | $0 |
Land Assessment | $1,586,934 | Total Assessment | $1,586,934 |
PROPERTY TAXES
Parcel Number
28-2033-0000-00-029
Land Assessment
$1,586,934
Improvements Assessment
$0
Total Assessment
$1,586,934
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1506 Rock Springs Rd
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