Legacy Shoppes - Davenport FL 942 Heritage Pass

942 Heritage Pass , Davenport, Florida, 33896 | 10,744 sq.f | $ 8,527,000

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About This Restaurant

Investment Highlights

Part of Larger Development | Off I-4 | Legacy Union Square | Surrounding Retailers | New 2024 Construction | Placer.ai Rankings NNN Leases | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities

Executive Summary

Brand New Three-Tenant Strip | Brand New Leases |Scheduled Rental Increases | Options to Extend

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Retail Retail General Retail Freestanding General Retail Storefront Retail
  • Building Size    10,744
  • Building Class    B
  • Year Built    2024
  • Construction Status    Under Construction
  • Price    8,527,000
  • Price Per SF    794
  • Cap Rate    5.50
  • NOI    468,980
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.07
  • Land Acres    3.44 AC

Amenities

  • Air Conditioning

Nearby Amenities & Transportation

Retail Starbucks
Retail Olive Garden
Retail Longhorn Steakhouse
Retail Chili's
Retail Red Robin
Retail Keke's Breakfast Cafe
Retail First Watch
Retail Miller's Ale House
Retail Anytime Fitness
Retail Publix

Property Taxes

Parcel Number 27-26-03-701060-000010 Improvements Assessment $1,688,806
Land Assessment $0 Total Assessment $1,688,806
Date Created: 2024-07-16 04:13:31 Last Updated: 2024-07-16 04:13:31
Address: 942 Heritage Pass , Davenport, Florida, 33896