- For Sale $2,300,000
- Property Type Retail - Strip
- Property Size 9,012 SF
- Date Updated Oct 5, 2026
Description
Located in the heart of Longwood, FL, this property is situated in one of Central Florida’s fastest-growing suburban markets. Longwood benefits from its close proximity to downtown Orlando and access to major transportation routes, making it a desirable area for residents, businesses, and commuters. The adjacent SunRail station enhances foot traffic, drawing in both local customers and regional visitors.Offered for sale at $2,300,000, 225 N Ronald Reagan Boulevard is a ±9,012 SF multi-tenant strip center in Longwood, adjacent to the Longwood SunRail station. Two tenants occupy approximately 79% of the property under new five-year leases with 3% annual rent increases, generating approximately $150,000 in scheduled annual income. The vacant 1,888 SF end-cap suite offers flexibility for an owner-user or an investor seeking additional income. At the asking rent of $18.00/SF NNN plus $5.00/SF CAM, leasing the suite could bring projected annual income to approximately $193,436 and NOI to approximately $148,436. The offering reflects approximately $255/SF, with seller financing available.
Highlights
- ±9,012 SF multi-tenant strip center
- 1,888 SF end-cap suite available November 2026
- 3% annual rent increases in both tenant leases
- 79% leased to two tenants on new five-year leases
- Adjacent to the Longwood SunRail station
- Approximately $150,000 in scheduled annual income
- End cap offered at $18.00/SF NNN plus $5.00/SF CAM
- In-place NOI of approximately $115,000; 5.0% cap rate at asking price
- Lease-up potential of approximately $43,000 in additional annual income
- Offered at $2,300,000, or approximately $255/SF
- Projected NOI of approximately $148,436 and a 6.45% cap rate if the end cap is leased at asking
- Seller financing available
False
Contacts
Samuel Gaslin
Location
Contact Listing Broker
Samuel Gaslin