1301-1361 Florida Mall Ave - Storefront FOR SALE


Orlando, FL 32809
$13,500,000 USD
407-925-1047
1301-1361 Florida Mall Ave, Orlando, FL for Sale
$13,500,000 USD
Storefront - FOR SALE
1/9
null | 6.74% Cap Rate

1301-1361 Florida Mall Ave
Orlando, FL 32809


HIGHLIGHTS

  • Shadow center to the 1.7 Million SF "Florida Mall"
  • Repainted in 2022, Promenade is an attractive 50,000 SF center
  • High traffic counts of 51,939 on OBT at Sand Lake Rd
  • Abundant parking & 3 curb cuts into center for easy access

OVERVIEW

== Promenade is a B+ shadow center to the 1.7 Million SF Florida Mall, Promenade at Florida Mall is an attractive 50,052 RSF property. == Promenade offers exposure to busy Sand Lake Road down its Western edge, just 1 block from S OBT. == Traffic count of almost 58,000 on Orange Blossom Trail and approx. 44,500 on Sand Lake Road. == A signalized intersection and 3 curb cuts provide easy access to the center. == Abundant parking available for customers. == Restaurants are strong traffic generators and those at Promenade's are excellent! NOTE #1: None of CoStar's "Sale Conditions" apply and this is not a distress sale of any type. NOTE #2: Upon execution of the NDA in the Documents section, you will receive a link to the online Due Diligence folder.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

6.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Promenade at Florida Mall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

233

LAND DETAILS

LAND ACRES

5.19 AC

LAND SF

226,076 SF

ZONING

P-D

APN/PARCEL ID

34-2329-8610-00-050

ASK ABOUT THIS PROPERTY

Jim GruberQuest CompanyMore Info
407-925-1047

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Jim GruberQuest CompanyMore Info
407-925-1047

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.