BRAXTYN CROSSINGS | PUBLIX SHADOW ANCHOR | 44K+ VPD — Sale in Altamonte Springs, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Altamonte Springs, FL 32714
- Year built: 2006
Photos
Investment Figures
- Cap rate
- 6.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the opportunity to acquire Braxtyn Crossings, located at 767 S State Road 434 in Altamonte Springs, Florida. The 6,543-square-foot multi-tenant retail center is 100% occupied and is offered at a 6.00% Year 1 cap rate, with a projected 6.08% Year 2 cap rate. The property provides investors with stable in-place income in a prime Altamonte Springs location surrounded by strong retail, employment, educational, and residential demand drivers. Current net rents average approximately $27.60 PSF, below the surrounding market asking rent of $31.18 PSF, providing investors with the opportunity to increase rental rates closer to market as leases renew or roll over. The surrounding retail submarket maintains a low 3.5% vacancy rate, further supporting tenant demand and limited availability within the immediate area. Braxtyn Crossings is positioned along State Road 434, seeing approximately 44,500 vehicles per day, and benefits from its proximity to major employment, educational, residential, and retail demand generators. The property is located near Seminole State College’s Altamonte Springs Campus, AdventHealth’s corporate headquarters, Maitland Center, and the Publix-anchored Gateway Crossings, while continued residential development in the surrounding area is further expanding the local consumer base. The property serves a dense and established trade area with approximately 256,700 residents within five miles and an average household income of approximately $90,300 within three miles. Combined with strong surrounding occupancy, below-market in-place rents, and continued investment and residential growth along the SR 434 corridor, Braxtyn Crossings offers investors a well-positioned multi-tenant retail asset with stable current income and future rental growth potential. Investment Highlights: • Rental Growth Potential: Current net rents average approximately $27.60 PSF, below surrounding market asking rents of $31.18 PSF, providing th
Market Context
This retail in Altamonte Springs, FL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2006. Compare it against other retail listings for sale in Altamonte Springs, FL — view the full market.
As of Q1 2026, the Orlando retail market showed a 3.9% vacancy rate, average asking rents near $31.24/SF/yr, and rents up 5.2% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- Is the Orlando retail market tightening or softening?
- Vacancy is around 3.9%, with asking rents rising year over year (Q1 2026).
Estimated Price per SF
$75.66/SF – $550.22/SF
Mid: $229.26/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Tarek Chbeir · (407) 557-3834 · tarek.chbeir@marcusmillichap.com
- Garrett Fierstein · (407) 557-3862 · garrett.fierstein@marcusmillichap.com
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