Heart of Wekiva Shoppes
241 N Hunt Club Blvd, Longwood, FL 32779, Longwood, FL 32779- Price:$2,530,000
- Building SF:10,124 sqft
- Cap Rate:7.00%
- Lot Size:0.91 Acres
- NOI:$177,030
- Total Existing Units/Bays:7
- Occupancy:100%
- Year Built:1989
- 3 Mile HHI:$110,120
- 3 Mile Pop:69,188
Deal Highlights
- LOW PRICE POINT: Nearly $2M below the average list price of an unanchored strip center in the Orlando MSA.
- HIGH CAP RATE: 80bps over the average list CAP for a strip center in Orlando MSA.
- INTERNET RESISTANT TENANT MIX: Center has long term tenants, perfectly curated to thrive in a neighborhood shopping center. 5 of 7 tenants have 20+ year operating history at the center.
