Shoppes at Turkey Lake 7720 Turkey Lake Rd 19,595 SF 100% Leased Retail Building Orlando, FL 32819 $10,995,000 ($561.11/SF) 6.53% Cap Rate

INVESTMENT HIGHLIGHTS

  • Newly Renovated Three Tenant Retail Property Located in Dense Section of Orlando’s Theme Park Area and Anchored by Rokka’s Brazilian Supermarket which
  • Rokka’s Market Recently Invested $2.5 Million Into Their Space with No Tenant Improvement Allowance from the Landlord
  • The Property Sits Just South of Universal Orlando Resort, and is Nearby Sea World and Universal’s Epic Theme Park
  • All Tenants are on NNN Leases with Over 7 Year WALT (Weighted Average Lease Term) and Aggressive Base Rental Increases
  • Turkey Lake Road has Daily Traffic Counts Over 24,000, and the Property is Just North of W Sand Lake Road which has Over 55,000 Vehicles Per Day
  • Neighboring National Tenants Include Walmart, Publix, Whole Foods, Trader Joe’s, Sprouts, Bank of America, Panera Bread, Five Guys Burgers and Many Mo

EXECUTIVE SUMMARY

Marcus & Millichap is proud to present for sale, Shoppes at Turkey Lake, newly renovated three tenant retail property located in dense section of Orlando’s Theme Park Area and anchored by Rokka’s Brazilian Supermarket which is reporting $750/SF in store sales. The Property sits just South of Universal Orlando Resort, and is nearby Sea World and Universal’s Epic Theme Park. Neighboring national tenants Include Walmart, Publix, Whole Foods, Trader Joe’s, Sprouts, Bank of America, Panera Bread, Five Guys Burgers and many more.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,595 SF
Building Class
B
Year Built
2014
Price
$10,995,000
Price Per SF
$561.11
Cap Rate
6.53%
NOI
$717,974
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.81 AC
Zoning
P-D - P-D, Planned Development
Parking
105 Spaces (6.46 Spaces per 1,000 SF Leased)
Frontage
212’ on Turkey Lake Rd

AMENITIES

  • Mezzanine
  • Restaurant
  • Signage

NEARBY MAJOR RETAILERS

Pure Barre
North Italia
Gyu-Kaku Japanese BBQ
Orangetheory Fitness
Ruth's Chris Steak House
Truist
Bank of America
Chase Bank
Perkins American Food Co.
Sprouts Farmers Market

PROPERTY TAXES

  • Listing ID: 34921817

  • Date on Market: 2/24/2025

  • Last Updated:

  • Address: 7720 Turkey Lake Rd, Orlando, FL 32819