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49591 Highway 27
Davenport, FL 33897

$8,051,000 USD

Freestanding For Sale  •  11,305 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 11,305 SF
  • Lot Size 1.93 AC
  • Building Class B
  • Year Built 2023
  • Tenancy Multiple
0 Transit Score
48 Walk Score

Highlights

Newly Constructed & Stable Income Stream: Built in 2023 with long-term NNN leases and minimal landlord responsibilities.
Starbucks Endcap with Drive-thru: Investment grade tenant—S&P Credit Rating: BBB+ with a Stable outlook.
Scheduled Rent Increases: Throughout primary terms and option periods.
Exponential Growth: 3-Mile Population Growth: 133%; 5-mile Population Growth: 169% (2010-2023); Over 5,000 homes under development in the area.
High-Traffic Location in Dynamic Retail Corridor: 57,000 vehicles per day with convenient ingress/egress to US-27 on a signalized hard corner.
Nearby Retailers: Publix, McDonalds, CVS, Chipotle, Twistee Treat, Truist, Wendy’s, Circle K, McDonalds, IHOP, and more.

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Orlando International 41 min - 30.4 mi
Toufic Simaan 407-261-4404 Simaan Real Estate, LLC
Toufic Simaan 407-261-4404 Simaan Real Estate, LLC