75 East Nolte Road
St. Cloud, FL
Price:
$5,632,653
Cap Rate:
4.90%
NOI:
$276,000
Building Size:
Approx. 3,010 Sq. Ft.
Lot Size:
Approx. 1.76 Acres
Type:
Single-Tenant / Retail
Sub Category:
Fuel Station
Year Built:
2000
Investment Overview
- 2019 Construction. 3,010+/- SF Building on 1.76+/- Acre Site
- New 15-Year Corp NNN w/ 10% Rent Bumps Every 5-Years
- Located along Hickory Tree Rd (16K VPD) & Nolte Rd (8K VPD)
- Caddy-corner to Master Planned Twin Lakes Community (2K+ Homes)
- Twin Lakes, Florida’s #1 Active Lifestyle community South of Orlando
- Local Attractions: SeaWorld | Universal Studios | Walt Disney World
- Proximity to Multiple School Campuses w/ 5K+ Enrolled Students
- 25-Miles S of Orlando International Airport & University of Central Florida
- St Cloud is a community in SE Orlando (Leads local cities in % Growth)
- Local Economy: Tourism | Agriculture | Aerospace | Financial Services
- 5-Miles Estimated Pop: 65,224 | 3-Miles Average HH Income: $65,118
- Greater Orlando (MSA) | Third Largest in Florida | Pop: 2,134,411+