8269 Clarcona Ocoee Rd, Orlando, FL
Retail for Sale - $4,200,000 - 3,176 Sq. Ft.


Property Info
CIMLS# | 963108 |
Location 8269 Clarcona Ocoee Rd Orlando FL 32818 | |
Updated | August 17th, 2017 |
Type | Retail |
Price | $4,200,000 |
Building | 3,176 Sq. Ft. |
Property Description
This NNN fee-simple offering is located at the signalized intersection of North Apopka Vineland and Clarcona Ocoee Road with traffic counts exceeding 32,000 Vehicles Per Day. In 2015, 7-Eleven agreed to extend the base term of the lease for an additional ten years, showing strong commitment to the site. An investor will benefit from a 10 percent increase which will occur in 2020, bringing the return up to a 5.34 Percent Cap Rate. This 7-Eleven is located on a large 1.02 Acre Parcel of Land and benefits from a population exceeding 207,000 People in a five mile radius.