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Shopping Strip

Once Upon a Child Shoping Center

4831 E Colonial Dr, Orlando, FL 32803

Listing Price: $2,850,000

Cap Rate
6.24%
Gross SF
18,900
Rentable SF
18,900
Price/Gross SF
$150.79
Lot Size
0.95 acres
Year Built
1983

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Once Upon a Child Shopping Center. The value-add center is 18,900 square feet and below market rents. The subject property is 100 percent leased with two national tenants occupying 89.4% of the center. Once Upon a Child and Style Encore area subsidiaries of Winmark Corp with over 1250 franchise locations. Peoples Ready which supplies temporary labor force is a subsidiary of TrueBlue with over 900 locations in North America.

Uniquely positioned in the immediate area of the Orlando Executive Airport, Baldwin Park, and Fashion Square to have these as major traffic generators. Baldwin Park is a 1,100 arce residential, business, and retail planned unit development built out over the past twenty years. Fashion Square is being redeveloped by Up Development into an upscaled mixed-use property which includes apartments and retail stores with Floor & Decor, Longhorn Steakhouse, Mission BBQ, Dillard's, Macys, Panera Bread, and Planet Fitness.

The subject property is located directly on East Colonial Drive. The major East-West road in the Orlando area with 68,500 Average Annual Daily Traffic. The Orlando downtown area can easily be reached by either Colonial Drive (5.6 miles) or the 408 Expressway (5.2 miles). The University of Central Florida is just east on the 408 Expressway (12.5 miles).

Investment Highlights

  • 100% Leased with 89.4% National Tenants
  • East Colonial Drive is major East West connector with 68,500 VPD
  • Value Add opportunity with Tenants under Market Rents
  • Center within One Mile of Fashion Square and Baldwin Park
  • Five Mile Population is 311,757 with AHI of 76,274
  • Average Household Income within One Mile is $92,581

Exclusively Listed By

Financing By

Shopping Strip

Once Upon a Child Shoping Center

Listing Price: $2,850,000

Cap Rate
6.24%
Gross SF
18,900
Rentable SF
18,900
Price/Gross SF
$150.79
Lot Size
0.95 acres
Year Built
1983

Investment Highlights

  • 100% Leased with 89.4% National Tenants
  • East Colonial Drive is major East West connector with 68,500 VPD
  • Value Add opportunity with Tenants under Market Rents
  • Center within One Mile of Fashion Square and Baldwin Park
  • Five Mile Population is 311,757 with AHI of 76,274
  • Average Household Income within One Mile is $92,581

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Once Upon a Child Shopping Center. The value-add center is 18,900 square feet and below market rents. The subject property is 100 percent leased with two national tenants occupying 89.4% of the center. Once Upon a Child and Style Encore area subsidiaries of Winmark Corp with over 1250 franchise locations. Peoples Ready which supplies temporary labor force is a subsidiary of TrueBlue with over 900 locations in North America.

Uniquely positioned in the immediate area of the Orlando Executive Airport, Baldwin Park, and Fashion Square to have these as major traffic generators. Baldwin Park is a 1,100 arce residential, business, and retail planned unit development built out over the past twenty years. Fashion Square is being redeveloped by Up Development into an upscaled mixed-use property which includes apartments and retail stores with Floor & Decor, Longhorn Steakhouse, Mission BBQ, Dillard's, Macys, Panera Bread, and Planet Fitness.

The subject property is located directly on East Colonial Drive. The major East-West road in the Orlando area with 68,500 Average Annual Daily Traffic. The Orlando downtown area can easily be reached by either Colonial Drive (5.6 miles) or the 408 Expressway (5.2 miles). The University of Central Florida is just east on the 408 Expressway (12.5 miles).

Exclusively Listed By

Financing By

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