151 N Clarke Rd
Ocoee, FL 34761

KLS Real Estate Services is pleased to exclusively offer a 7,000 SF free-standing Advance Auto Parts located on 1.27 acres in Ocoee, FL, a western suburb of Orlando. The tenant, recently renewed their lease extending term to November, 2032 with three additional options for a potential lease to November, 2047. The tenant is responsible for all expenses to property with exception of Structural bldg components. The improvements are in good condition and well maintained. Orlando has experienced significant population and employment gains in the past few years which in turn has favorably impacted the area's retail sector. Orlando's population grew 3.2% in 2018 to 2.52 million and Orlando's employment grew 4% in 2018. Ocoee is approx 12 miles west of the Orlando CBD. Ocoee has grown 163% in population in the past couple of decades to approx 46,400 residents and is anticipated to continue to grow at about 2% per yr. The avg household income within a one mile radius of the subject is in excess of $75,000. The property is surrounded by other retail including Publix, Walgreen's, LA Fitness and located about .5 miles north of the White Oaks Mall. Traffic counts along Clarke Rd are in excess of 25,000 cares and there is an est. 38,000 daily cars to the north along SR 438 (Silver Star Rd)