Winter Park, FL - Central Parc at Howell Branch

Description:

• 100% occupied as of February 2025
• Over 5 years of lease term remaining among four tenants
• All tenants have multiple options to extend at fixed rents or increases
• Each lease features fixed annual rental rate increases providing a hedge against inflation

• The subject property is located on Howell Branch Rd (32,000 VPD)
• Intersection of Howell Branch Rd and Hwy 436 see a combined 94,000 VPD
• 1.0 mile from Publix-anchored Casselberry Commons (232,145 SF) and Harbor Freight-anchored Market Square (115,475 SF)
• Less than 1.5 miles from Walmart-anchored Lake Howell Square (331,502 SF)
• Additional 21,000 SF medical office will be in development on the site in 2026
• Located adjacent to Hawk’s Crest subdivision (650 + homes ranging $700k to$1.6 million)
• Over 500 multifamily units are in the surrounding neighborhood
• Tenant lineup and demand for services is well supported by a the robust residential consumer base

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000001lsvdYAA