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    Mount Dora Retail Strip
    $3,265,000
    Plus Mount Dora, FL
    Lease Type
    NN
    Cap Rate
    6.86%
    Property Type

    Retail

    Building Size
    6,912 SF
    NOI
    $223,948
    Land Area
    1.11 AC
    Remaining Term
    10 Years
    Status
    Sold
    Michael Zimmerman
    Michael Zimmerman
    Founder
    Property Highlights
    Prime Location

    This multi-tenant site is highly visible new construction along U.S. 441 within a development site that includes ALDI and Panera. The site has a prime location across from both Target and Walmart.

    New Leases

    This multi-tenant site is 100 percent leased to Hand & Stone Massage and Facial Spa, Kay Jewelers and Marco’s Pizza. The three tenants all have new, 10-year NN leases with a mix of corporate and franchise guarantees. All tenants have scheduled rental increases and options to renew.

    Prominent Trade Area

    Mount Dora is part of the Orlando metropolitan area, which is the 26th largest in the country and the third largest in the state of Florida. New economic plans for the area will connect Mount Dora to busy Interstate 4.

    Mount Dora Retail Strip
    Mount Dora, FL
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