- 2017 construction requiring minimal capital expenditures
- Fully leased to four established tenants with over 5 years of average lease term remaining. Cycle Bar (Aug 2033), Urban OM Yoga (Mar 2027), Foxtail Coffee (Oct 2035), and Salon Lofts (Jul 2031)
- All tenants feature remaining option periods – three at fixed rents and one at fair market rent ensuring stability and potential upside through rent escalation
- Strong tenant synergy across fitness, wellness, food & beverage, and personal services
- New construction retail strips are routinely getting $45-$50/SF+ in surrounding Orlando submarkets leaving additional future upside
Investment Offering
Sanford, FL - Savannah Park Retail
4700-4720 International Pkwy | Sanford, FL 32771
$5,977,000
Price6.1%
Cap Rate$364,643
NOI2017
Year Built100%
Occupancy10,314
± SF Offering GLA0.27
± AC Land AreaDescription
Location
- Highly visible frontage along International Parkway (16,400 VPD), directly connecting to State Hwy 429 (18,400 VPD) and State Hwy 46 (41,000 VPD)
- Flanked by Interstate 4 (151,900 VPD), offering regional access to Orlando and Sanford markets
- Less than one mile from Seminole Town Center Mall and Marketplace at Seminole Centre, which announced redevelopment of a new Costco and Trader Joes in addition to other national retailers like Dick’s and Target in place.
- Immediately adjacent to Lofts at Savannah Park Luxury Apartments (151 units), providing direct built-in customer base
- Tenant mix aligns with neighborhood needs: boutique fitness, wellness services, specialty coffee, and flexible salon space
- Strong daily-needs retail positioning, less vulnerable to e-commerce displacement
- Proximity to multiple residential developments (1,000+) units supporting sustained demand
Documents & Links
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 Offering Memorandum |  |  |
Contact
Patrick Nutt
Sr Managing Principal & Co-Head of National Net Lease
954.302.7365954.302.7365[email protected]FL #: BK3120739