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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

Attachments

Flyer

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

PROPERTY TAXES

Parcel Number
28-2033-0000-00-029
Land Assessment
$1,586,934
Improvements Assessment
$0
Total Assessment
$1,586,934
  • Listing ID: 31536230

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: 1506 Rock Springs Rd, Apopka, FL 32712

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