Shopping Neighborhood
Colonial Town Center
8010 W Colonial Dr, Orlando, FL 32818
Listing Price: $15,800,000
Investment Overview
Marcus & Millichap is pleased to present Colonial Town Center, a 100 percent occupied, Class A retail center located at 8010 West Colonial Drive in the heart of Orlando, Florida. Constructed in 2009, the property offers investors a stabilized income stream secured by long-term triple net leases with annual rental escalations and renewal options. Colonial Town Center benefits from exceptional exposure along West Colonial Drive, one of Orlando’s most heavily traveled retail corridors with more than 43,000 vehicles per day and is positioned less than one-half mile from State Road 408, the region’s primary east-west thoroughfare with over 97,000 vehicles per day.
The center is shadow anchored by a Walmart Neighborhood Market and Sam’s Club, providing built-in traffic and national credit synergy. The opportunity to develop an additional 6,000 square feet of retail further enhances the property’s value-add potential while maintaining a fully stabilized rent roll. Recent capital improvements, including a new roof, upgraded electrical, exterior and parking lot lighting, and updated LED signage wiring, position the asset with no deferred maintenance and institutional-grade curb appeal.
Situated in one of Orlando’s densest submarkets with more than 14,000 residents within one mile and 118,000 residents within three miles, Colonial Town Center offers investors a rare opportunity to acquire a stabilized, high-quality retail asset with strong long-term growth potential in one of Central Florida’s most dynamic markets.
Investment Highlights
- HIGH VISIBILITY AT TRAFFIC LIGHT ½ Mile from State Road 408, Orlando's Major East-West Thoroughfare (97,000 VPD)
- EXPECTIONAL EXPOSURE 43,000 Vehicles per Day (FDOT) Directly off West Colonial Drive Provides Strong Visibility for the Colonial Town Center
- PRIME ORLANDO LOCATION Situated In One of The Densest Submarkets With 14,000+ People Within One Mile And 118,000+ Within Three Miles
- HIGH-PROFILE RETAIL CORRIDOR Shadow Center To Neighborhood Walmart and Sams Club, Driving Built-In Foot Traffic and Visibility
- IMMEDIATE ACCESS To Major SR-44 Corridor Development Offering Excellent Connectivity to Neighboring Towns and Cities
- 100% OCCUPIED WITH STRONG LEASES Every Tenant Secured by Long-Term Triple Net Leases Featuring Annual Escalations and Renewal Options
- STRONG ANCHOR TENANT BY SKYZONE with a Corporate Guarantee from CircusTrix Holdings LLC - the World's Largest Trampoline Park Operator, Parent Company of Sky Zone, Defy, RYZE, and Superfly, with ~320 Locations Worldwide
- INSTITUTIONAL QUALITY ASSET Class A Retail Building Constructed In 2009 With no Deferred Maintenance; Recent CAPEX (Last 3 Years) Includes New Roof, Electrical, Exterior Lighting, Parking Lot Lighting, and LED Sign Wiring
Exclusively Listed By
Listing Price: $15,800,000
Investment Highlights
- HIGH VISIBILITY AT TRAFFIC LIGHT ½ Mile from State Road 408, Orlando's Major East-West Thoroughfare (97,000 VPD)
- EXPECTIONAL EXPOSURE 43,000 Vehicles per Day (FDOT) Directly off West Colonial Drive Provides Strong Visibility for the Colonial Town Center
- PRIME ORLANDO LOCATION Situated In One of The Densest Submarkets With 14,000+ People Within One Mile And 118,000+ Within Three Miles
- HIGH-PROFILE RETAIL CORRIDOR Shadow Center To Neighborhood Walmart and Sams Club, Driving Built-In Foot Traffic and Visibility
- IMMEDIATE ACCESS To Major SR-44 Corridor Development Offering Excellent Connectivity to Neighboring Towns and Cities
- 100% OCCUPIED WITH STRONG LEASES Every Tenant Secured by Long-Term Triple Net Leases Featuring Annual Escalations and Renewal Options
- STRONG ANCHOR TENANT BY SKYZONE with a Corporate Guarantee from CircusTrix Holdings LLC - the World's Largest Trampoline Park Operator, Parent Company of Sky Zone, Defy, RYZE, and Superfly, with ~320 Locations Worldwide
- INSTITUTIONAL QUALITY ASSET Class A Retail Building Constructed In 2009 With no Deferred Maintenance; Recent CAPEX (Last 3 Years) Includes New Roof, Electrical, Exterior Lighting, Parking Lot Lighting, and LED Sign Wiring
Investment Overview
Marcus & Millichap is pleased to present Colonial Town Center, a 100 percent occupied, Class A retail center located at 8010 West Colonial Drive in the heart of Orlando, Florida. Constructed in 2009, the property offers investors a stabilized income stream secured by long-term triple net leases with annual rental escalations and renewal options. Colonial Town Center benefits from exceptional exposure along West Colonial Drive, one of Orlando’s most heavily traveled retail corridors with more than 43,000 vehicles per day and is positioned less than one-half mile from State Road 408, the region’s primary east-west thoroughfare with over 97,000 vehicles per day. The center is shadow anchored by a Walmart Neighborhood Market and Sam’s Club, providing built-in traffic and national credit synergy. The opportunity to develop an additional 6,000 square feet of retail further enhances the property’s value-add potential while maintaining a fully stabilized rent roll. Recent capital improvements, including a new roof, upgraded electrical, exterior and parking lot lighting, and updated LED signage wiring, position the asset with no deferred maintenance and institutional-grade curb appeal. Situated in one of Orlando’s densest submarkets with more than 14,000 residents within one mile and 118,000 residents within three miles, Colonial Town Center offers investors a rare opportunity to acquire a stabilized, high-quality retail asset with strong long-term growth potential in one of Central Florida’s most dynamic markets.
Exclusively Listed By