Property Description

Best Buy at the West Oaks Town Center, Ocoee, FL. Best Buy is a BBB+ credit rated, long-term tenant. Built in 2000, the property offers 46,112 square feet of space on a 4.03-acre lot, with 291 feet of prime frontage along West Colonial Drive. It’s in a high-visibility, high-traffic area that draws over 52,000 vehicles day. The site is well-equipped with two exterior loading docks and 191 surface parking spaces, providing convenience for shoppers. Best Buy recently renewed their lease for an additional five years, offering a reliable net operating income of $589,200 annually, with one option for another five-year extension. Located within the thriving Orlando MSA, this property is part of a vibrant retail corridor with nearby national brands, making it a high-demand investment. The area is surrounded by strong demographics, with over 233,000 residents within five miles and a median household income of more than $63,000. Additionally, the growing population and large daytime workforce in the surrounding area make this property a standout opportunity for investors.

Property Details