Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a fully leased, 2,774 SF condominium located within ‘The Plaza’ in Downtown Orlando. This is one of Orlandos most high traffic mixed-use buildings with retail, office, and residential spaces. Leased to Bento Asian Kitchen & Sushi, which has operated at the property since 2008. Nearly two decades at this location speaks to the strength of the site and the tenants established presence within the downtown market. The existing Absolute NNN lease provides investors with immediate income and limited landlord responsibilities. Located directly on Orange Avenue and positioned on the ground level, the property benefits from both strong pedestrian activity and high street traffic counts. This location provides consistent visibility and a built in consumer base. The surrounding mix of office users, residents, visitors, and nearby businesses creates a built-in customer base, while the market’s low 3.8% retail vacancy rate (according to CoStar) further supports demand for well-located space in the heart of Downtown Orlando. Within three miles of the property, the population exceeds 105,000 residents and the average household income is approximately $110,136, creating a sizable and financially established customer base in the immediate area. The location also benefits from a daytime population of roughly 289,000, driven by the concentration of office employees, residents, visitors, and service workers throughout Downtown Orlando. For BENTO, this means demand is supported not only by nearby households, but also by a substantial daily influx of people entering the market for work, dining, entertainment, and events. This mix of residential density, strong household income, and daytime activity helps support consistent restaurant traffic and reinforces the long-term strength of the property’s Downtown location.