Fluent (Tenant) is Scheduled to Begin Their Buildout in Early 2025 | FOR SALE

Highlights:

• TROPHY ASSET | Strategically located in the heart of Orlando, this property is just steps from The Florida Mall, minutes from Orlando International Airport and I-4, and prominently fronts W Sand Lake Rd, which sees ±48,500 vehicles per day.
• ABSOLUTE NNN LEASE | There are zero landlord responsibilities, making it a great investment opportunity for a passive investor.
• LONG-TERM LEASE | There are 12 Years remaining on the base term of the lease, providing stability and security for investors.
• ATTRACTIVE RENTAL INCREASE | Property includes 2.50% Annual Rental Increases.
• RECENT RENOVATION | Throughout the first couple of months of 2025, the Tenant is allocating approximately $650,000 towards renovations to make it suitable for their operations, demonstrating their commitment to the site.
• STICKY TENANT | Cannabis dispensary tenants are less likely to relocate due to restrictive zoning regulations that limit where they can operate.
• HIGH VISIBILITY : The subject property fronts Sand Lake Rd (SR 482), an east-west thoroughfare in Orlando that sees ±48,500 vehicles per day (VPD). Sand Lake Rd provides direct connectivity to the Florida Turnpike, I-4, and the Martin Andersen Beachline Expressway.
• CLOSE PROXIMITY TO THE FLORIDA MALL: The subject property is located just steps from The Florida Mall, one of the largest single-story malls in the United States. Spanning 1.8 million square feet, the mall features over 250 retail, dining, and entertainment options and attracts more than 20 million visitors annually.
• STRONG RETAIL SYNERGY: The subject property is surrounded by some of the nation’s largest retailers, including Chili’s Grill & Bar, Target, Tesla, Chick-fil-A, Macy’s, Burlington, Best Buy, Aldi, and more.
• GROWING MARKET: Orlando, Florida, has experienced significant economic and population growth in recent years. In 2022, the Orlando metropolitan area's real Gross Domestic Product (GDP) expanded by 5.9%, surpassing the national average and adding over $22 billion to the local economy. This robust economic performance is complemented by a steady population increase; as of 2024, the metro area population reached approximately 2.1 million, marking a 1.45% rise from the previous year. The region's growth is further underscored by projections anticipating the addition of more than 1,500 residents weekly over the next decade, aiming for a population of 5.2 million by 2030. This expansion reflects Orlando's dynamic economic environment and its appeal as a vibrant hub for both businesses and individuals.

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