Kohl's - Sanford, Florida

Orlando-Kissimmee-Sanford, FL


Lease type: NNN Ground
Building area: 104,000 SF
Total lot size: 14 Acres
Year built: 2007
Year sold: 2016
  • GROWING DEMOGRAPHIC POPULATION Within the one (1) mile demographic ring, population is projected to grow at an annual rate of 12.00% over the next five (5) years.
  • PRIME LOCATION The property is nearby Sam’s Club, Auto Mall, Seminole Town Center (1 Million SF Regional Mall) and Walmart. It is positioned right off the freeway, boosting traffic counts.
  • PRIME VISIBILITY Located on Rinehart Road, which is the main thoroughfare for locals traveling to visit Seminole Town Center, a 1 million square foot Regional Mall.
  • BELOW MARKET RENT The current ground lease rent is $9.84/SF annually.
  • HANDS OFF INVESTMENT The triple net lease structure and tax advantages from being in a tax-free state make this an ideal investment.
  • Subject property is located in the Orlando, Kissimmee, and Sanford/Orlando MSA, which are home to over 2,300,000 residents. By population, it is the third-largest metropolitan area in Florida, the fifth-largest in southeastern United States, and the 26th largest in the nation. 
  • The adjacent $1.6 billion new Western Beltway extension unlocks a large, underserved customer base and spurs new development.
  • The 25-mile tolled expressway around metropolitan Central Florida will provide travel alternatives and relieve US 441, SR 46 and other roads of traffic congestion resulting from growth and travel between Orange, Lake and Seminole Counties.
  • First phase now under construction. Final phase to be completed 2021. Cuts drive time to Kohl’s and is projected to spur hundreds of thousands of new residents in Kohl’s western trade area. Provides faster and more efficient transportation to Walt Disney World, which is directly South West of Sanford/Orlando MSA, FL.

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