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Outback Ground Lease - Davenport FL | 900 Heritage pass
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Outback Ground Lease - Davenport FL 900 Heritage pass
4,964 SF Retail Building Davenport, FL 33896 $3,645,000 ($734/SF) 5.35% Cap Rate
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INVESTMENT HIGHLIGHTS
- Part of Larger Development | Off I-4 | Legacy Union Square Apartments | Surrounding Retailers | New 2024 Construction | Placer.ai Rankings
- Davenport’s population is currently growing at a rate of 13.15% annually and its population has increased 44.87% since the most recent census
- Surrounding Housing/Multi-Family Developments | Direct Consumer Base | Local Demographics in 5-Mile Trade Area | Davenport - High-Growth Area
EXECUTIVE SUMMARY
NEXT TO CHAMPIONS GATE | DIRECTLY OFF I-4 (138,500 VPD) | DAVENPORT, FL - HIGH GROWTH SUBMARKET
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,964 SF
Building Class
B
Year Built
2024
Price
$3,645,000
Price Per SF
$734
Cap Rate
5.35%
NOI
$195,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.11 AC
Zoning
Commercial
Parking
21 Spaces (4.23 Spaces per 1,000 SF Leased)
Frontage
280 FT on Heritage Pass
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
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
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PROPERTY TAXES
Parcel Number | 27-26-03-701060-000010 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $567,239 |
PROPERTY TAXES
Parcel Number
27-26-03-701060-000010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$567,239
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Outback Ground Lease - Davenport FL | 900 Heritage pass
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