Shopping Neighborhood
Orange City Town Center
2751 Enterprise Rd, Orange City, FL 32763
Listing Price: $6,500,000
Investment Overview
Marcus & Millichap is pleased to present the Orange City Town Center, a 20-suite retail plaza located in the heart of Orange City, Florida—an affluent Orlando suburb experiencing significant growth. The property sits less than one mile from Interstate-4, providing direct connectivity to Orlando, Daytona Beach, and Tampa.
Currently 93% leased on NNN leases, the center delivers immediate in-place income with minimal management responsibilities. Property benefits from annual rent escalations from most tenants, supporting long-term income growth.
The property is strategically positioned within a thriving trade area, with over 54,000 residents within a three-mile radius, a projected 9.8% population growth over the next five years, and a median household income exceeding $68,000. With excellent frontage along Enterprise Road, strong tenant demand, and limited new retail supply coming online, Orange City Town Center is exceptionally well positioned for both stable cash flow and long-term appreciation.
Orange City Town Center
Investment Highlights
- The Average Current Rent at the Orange City Town Center is $13.97/SF NNN, Whereas the Surrounding Submarket Average is $19.80/SF (Costar) Offering a Mark-to-Market Opportunity as Leases Roll (WALT is
- The Submarket Vacancy Rate is 3.9%, and YOY Rents Have Increased by 3.4% (Costar), Demonstrating Healthy Retail Market Fundamentals
- Offered at Just $180 per Square Foot, Orange City Town Center Presents a Compelling Opportunity for Long-Term Appreciation, Strategically Positioned to Benefit From the Rapid Growth in Orange City.
- The Median Household Income Within a One-Mile Radius is $68,000- Underscoring a Strong Consumer Base in the Immediate Area
- Orange City is Projected to Grow 9.81% in Population Over the Next Five Years, Bolstering the Demand for Retail in the Market
- Less than 1-Mile from Interstate 4, a Major Florida East-West Thoroughfare Connecting Daytona Beach-Orlando-Tampa That Sees 93,500 VPD
- The Orange City Town Center Demonstrates Exceptional Retail Property Fundamentals With an Above Average Parking Ratio of 4.82, Multiple Ingress/Egress Points, and 476 feet of Frontage Directly off Enterprise Road (25,000 VPD)
- New Construction Starts in 2025 are at Their Lowest Level in a Decade. With Limited new Supply and Rapid Market Growth, Demand for Space is Expected to rise, Placing Significant Upward Pressure on Rents in the Near to Intermediate Term
Exclusively Listed By
Financing By
Listing Price: $6,500,000
Investment Highlights
- The Average Current Rent at the Orange City Town Center is $13.97/SF NNN, Whereas the Surrounding Submarket Average is $19.80/SF (Costar) Offering a Mark-to-Market Opportunity as Leases Roll (WALT is
- The Submarket Vacancy Rate is 3.9%, and YOY Rents Have Increased by 3.4% (Costar), Demonstrating Healthy Retail Market Fundamentals
- Offered at Just $180 per Square Foot, Orange City Town Center Presents a Compelling Opportunity for Long-Term Appreciation, Strategically Positioned to Benefit From the Rapid Growth in Orange City.
- The Median Household Income Within a One-Mile Radius is $68,000- Underscoring a Strong Consumer Base in the Immediate Area
- Orange City is Projected to Grow 9.81% in Population Over the Next Five Years, Bolstering the Demand for Retail in the Market
- Less than 1-Mile from Interstate 4, a Major Florida East-West Thoroughfare Connecting Daytona Beach-Orlando-Tampa That Sees 93,500 VPD
- The Orange City Town Center Demonstrates Exceptional Retail Property Fundamentals With an Above Average Parking Ratio of 4.82, Multiple Ingress/Egress Points, and 476 feet of Frontage Directly off Enterprise Road (25,000 VPD)
- New Construction Starts in 2025 are at Their Lowest Level in a Decade. With Limited new Supply and Rapid Market Growth, Demand for Space is Expected to rise, Placing Significant Upward Pressure on Rents in the Near to Intermediate Term
Investment Overview
Marcus & Millichap is pleased to present the Orange City Town Center, a 20-suite retail plaza located in the heart of Orange City, Florida—an affluent Orlando suburb experiencing significant growth. The property sits less than one mile from Interstate-4, providing direct connectivity to Orlando, Daytona Beach, and Tampa. Currently 93% leased on NNN leases, the center delivers immediate in-place income with minimal management responsibilities. Property benefits from annual rent escalations from most tenants, supporting long-term income growth. The property is strategically positioned within a thriving trade area, with over 54,000 residents within a three-mile radius, a projected 9.8% population growth over the next five years, and a median household income exceeding $68,000. With excellent frontage along Enterprise Road, strong tenant demand, and limited new retail supply coming online, Orange City Town Center is exceptionally well positioned for both stable cash flow and long-term appreciation.
Exclusively Listed By
Financing By
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