For Sale
$7,610,000

10799 Moss Park RdOrlando, FL 32832

Six-tenant retail center, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents the Shoppes at East Park Village, a six-tenant, 100% occupied retail storefront in Orlando, Florida. Located at 10799 Moss Park Rd, 32832, this fee-simple property boasts 11,947 square feet on a 1.4-acre lot and was newly constructed in 2024. The property features a Net Lease (NNN) investment type with built-in rent bumps, providing a secure and stable income stream. The current Net Operating Income (NOI) is $456,619, yielding a 6.00% cap rate on an asking price of $7,610,000. This multi-tenant retail center is strategically positioned within a thriving mixed-use development, including a 200+ unit residential complex (Nova at East Park Village) and a 45,000 square foot medical building, ensuring continued growth and high visibility. Its prime location offers convenient access to State Highway 417 (72,400 vehicles per day), providing excellent accessibility. Furthermore, its proximity to a Publix-anchored neighborhood center (Cornerstone at Lake Hart), which ranks highly nationally, further enhances its desirability. The surrounding area demonstrates strong demographics, including a high average household income ($127,524 within a 1-mile radius) and a growing population within a 5-mile radius exceeding 79,000 residents and 24,000 employees. Orlando's consistent population growth (1.3% annually) and its proximity to Lake Nona contribute to the long-term potential of this investment. This is a rare opportunity to acquire a high-performing, newly constructed retail center in a rapidly expanding market.

Highlights

  • Part of the new East Park Village development, including a 200+ unit apartment complex (Nova) and a 45,000 SF medical building.
  • Excellent visibility and access via State Highway 417 (72,400 VPD), a major Orlando toll road.
  • Less than one mile from Cornerstone at Lake Hart, a top-performing Publix-anchored shopping center.
  • Strong demographics: 79,000+ residents and 24,000+ employees within the 5-mile trade area, with a $127,524 average household income within 1 mile.

Property Details for 10799 Moss Park Rd

Property type
Retail properties, Retail space
Year Built
2024
Buildings
1
Lot Size (sq. ft)
60,984 SF

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.4149358
Longitude
-81.2318093
10799 Moss Park Rd, Orlando, Florida

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10799 Moss Park Rd
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