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Retail Strip Center St Cloud 4301 13th St

7,813 SF 100% Leased Retail Building Saint Cloud, FL 34769 $8,428,383 CAD ($1,079 CAD/SF) 5.50% Cap Rate

Investment Highlights

  • NN LEASES
  • NEW HIGH QUALITY 2016 CONSTRUCTION
  • TEN YEAR BASE TERMS
  • LANDLORD OBLIGATIONS: ROOF, STRUCTURE, PARKING AREAS, ETC.
  • RENT COMMENCEMENT 2017
  • LOCATED IN RETAIL CORRIDOR OF ST. CLOUD

Executive Summary

The Property is located at 4301 13th Street in St Cloud, FL approximately 20 miles south of Orlando. The strip center is located immediately adjacent to the local Publix retail center. Connected by shared cross access parking, the retail center is situated just behind the strip center and they are both at corner of 13th Street and Old Canoe Creek Road. Together, the freestanding strip center parcel and the Publix retail center occupy one highly visible corner, with contiguous frontage along 13th Street as well as Old Canoe Creek Road. The strip center is optimally located in the heart of the retail corridor of St Cloud. The subject property is supported by robust demographics. The estimated population within a 3-mile radius of the subject property is 39,015 and 80,026 within a 5-mile. Additionally, within a 3 mile radius of the subject property, there are 14,119 households with an average household income of $55,321. Some of the surrounding retailers in the immediate area include Publix, Walmart, The Home Depot, Walgreens, Tractor Supply Company, Bojangles, CVS Pharmacy, Outback Steakhouse, Chili’s, Sonic Drive-In, Bank of America and many more.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,813 SF
Building Class
B
Year Built
2017
Price
$8,428,383 CAD
Price Per SF
$1,079 CAD
Cap Rate
5.50%
NOI
$463,561 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.20 AC
Zoning
C-2 - Commercial
Parking
47 Spaces (6.02 Spaces per 1,000 SF Leased)
Frontage
153 ft on 13th St
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Truist
Starbucks
Publix Super Market
ALDI
Planet Fitness
Chase Bank
Rent-A-Center
Bank of America
IHOP
Club Pilates

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-26-30-0725-0001-2941
Land Assessment
$808,075 CAD
Improvements Assessment
$2,332,650 CAD
Total Assessment
$3,140,725 CAD
  • Listing ID: 34411535

  • Date on Market: 2025-01-08

  • Last Updated:

  • Address: 4301 13th St, Saint Cloud, FL 34769

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