Lakeside Village Shoppes

7790 WINTER GARDEN VINELAND ROAD, WINDERMERE, FL 34786
OFFERING HIGHLIGHTS
OFFERING
PRICING    :   $5,587,000
NET OPERATING INCOME : $321,248
CAP RATE : 5.75%
LEASE TYPES : NNN
TENANTS : Mattress 1 One, Lee Nails, Supercuts, T-Mobile, and GNC
PROPERTY SPECIFICATIONS
RENTABLE AREA    :   9,012 SF
LAND AREA : 0.82 Acres
PROPERTY ADDRESS : 7790 Winter Garden Vineland Road, Windermere, FL 34786
YEAR BUILT : 2018
PARCEL NUMBER : 27-23-36-5450-02-000
OWNERSHIP : Fee Simple (Land and Building)

INVESTMENT HIGHLIGHTS

BRAND NEW 10-YEAR LEASES | STRONG TENANT LINEUP | 2018 CONSTRUCTION

• Built in 2018 with state of the art construction
• All tenants are on brand new 10-year leases, demonstrating their commitment to the site
• Rental increases generates NOI growth and hedges against inflation
• Built in 2018 with state of the art construction
• Built in 2018 with state of the art construction
SIGNALIZED HARD CORNER INTERSECTION | EXCELLENT VISIBILITY & ACCESS

• Situated near the signalized hard corner intersection of Lakeside Village Lane and Winter Garden Vineland Road with 31,600 vehicles passing by daily
• Excellent access and visibility from the main thoroughfare
SIGNALIZED HARD CORNER INTERSECTION | EXCELLENT VISIBILITY & ACCESS

• Situated near the signalized hard corner intersection of Lakeside Village Lane and Winter Garden Vineland Road with 31,600 vehicles passing by daily
• Excellent access and visibility from the main thoroughfare
NNN LEASES | LIMITED LANDLORD RESPONSIBILITIES | FEE SIMPLE

•Tenants reimburse for CAM, insurance and taxes
• Minimizes expense leakage for a new investor
RAPID GROWTH TRADE AREA | 32,000 HOMES UNDER DEVELOPMENT

•32,000 homes under development in a 5-mile radius
• 21% projected population growth over the next 5 years in a 3-mile radius
• New elementary school less than one mile away
AFFLUENT POPULATION IN 5-MILE TRADE AREA

• Nearly 83,000 residents and 32,000 employees support the trade area
• Affluent population with an average household income of $121,800
WALKING DISTANCE FROM TWO APARTMENT COMPLEXES | 583 UNITS

• Lakeside Village is across from Post Lakeside Apartments (304 Units) and Colonial Grand At Windermere (279 Units)
• Total of 583 units within walking distance, providing a stable consumer base for the subject property
OUTPARCEL TO PUBLIX | FUTURE MEDICAL AND RETAIL DEVELOPMENT

• As an outparcel to Publix, Lakeside Village benefits from the increased consumer provided by the grocer
• Other tenants within the center include McDonald’s, Chase, Anytime Fitness, and more
• A 70,000 SF retail center is currently under construction just north of the subject property and will feature nationall/credit tenants such as AT&T, Wendy’s, Dunkin’ Donuts, and more
• A medical-retail center is currently under construction just south of Lakeside Village, which will further increase consumer draw for the immediate trade area
• Excellent tenant synergy with crossover traffic
3 MILES FROM DISNEY WORLD | 52+ MILLION ANNUAL VISITORS

• Disney World is located south of the subject site with Epcot, Hollywood Studios,Animal Kingdom Theme Park, and more attractions
• Average annual attendance to the resort is over 52 million people per year
• Walt Disney World is the most visited vacation resort in the world with over 1.3 billion total visitors since the popular attractions first opened
• Greatly increases consumer draw to the area and promotes crossover shopping

Phone : 8137507581 
Email : rave@ravecommercial.com
Website: : www.ravecommercial.com
Location : 5331 Primrose Lake Circle, Suite 110,Tampa, FL 33647

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest in Lakeside Village Center, a newly constructed, 9,012 SF retail center located in Windermere, FL (Orlando MSA). The subject property features a strong tenant lineup of Mattress 1 One, Lee Nails, Supercuts, T-Mobile, and GNC, all who have signed brand new 10-year leases, demonstrating their commitment to the site. All leases feature rental
increases throughout their respective terms and option periods, which generates NOI growth and hedges against inflation. All tenants are on NNN leases, limiting expense leakage for a new investor. Lakeside Village Center is strategically situated at the signalized, hard corner intersection of Lakeside Village Lane and Winter Garden Vineland Road with 31,600 vehicles passing by daily. The subject property is positioned as an outparcel to a Publix anchored center and benefits from increased consumer draw provided by the grocer. Other tenants within the center include McDonald’s, Chase, Anytime Fitness, and more, providing excellent tenant synergy and promoting crossover shopping within the center. Additionally, there is a medicalretail development just south of the subject site, which will further increase consumer draw for the immediate trade area. The site is located 3 miles north from Walt Disney World with Magical Kingdom, Hollywood Studios, the Animal Kingdom Theme Park and more. Walt Disney World hosts more than 52 million annual visitors and is the most visited vacation resort in the world. Lakeside Village is poised to benefit from consumers who are traveling south to Disney World. An affluent population of nearly 83,000 with average household income of $121,800 supports the 5-mile trade area.