850 Sun DrLake Mary, FL 32746

Property Details for 850 Sun Dr

Year built

2015

Construction

CONCRETE BLOCKS

Lot size

1.19 AC

Property size (Sq ft)

7,725 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

18-20-30-511-0000-0060

APU

18203051100000060

Description

This exceptional retail opportunity is located within the Shoppes at Lake Mary, a vibrant shopping center in the thriving city of Lake Mary, Florida. The property, built in 2015, offers a total of 7,725 square feet of retail space, with 2,600 square feet currently available for lease. This space is ideally suited for a restaurant, offering ample room for dining, kitchen facilities, and potential outdoor seating. The property sits on a 1.18-acre lot, providing excellent visibility and accessibility from its location at 850 S Sun Dr, Lake Mary, FL 32746. The building's modern design and prime location within a well-established shopping center ensure high foot traffic and strong potential for business success. The multiple-tenancy structure provides a diverse and bustling atmosphere, attracting a wide range of customers. This is a rare opportunity to secure a significant retail space in a highly desirable location. The available space offers a blank canvas for a creative and successful restaurant venture, benefiting from the existing infrastructure and established customer base of the Shoppes at Lake Mary. Don't miss this chance to establish your business in a thriving community. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,932,983

  6.5%

  $1,784,292

  7%

  $1,656,842

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,173,101

  Geo Method

  $2,173,101

• Alternative Use

  Use

  Valuation

  Residential

  $1,505,117

  Hospitality

  $1,378,679

  Educational

  $1,147,045

  Medical

  $1,186,493

  Retail

  $1,784,292

Location Insight

City

Lake Mary

County

Seminole

State

Florida

Latitude

28.7556

Longitude

-81.3529

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].