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Miscellaneous

Orlando Development Site

5026 Edgewater Dr, Orlando, FL 32810

Listing Price: $1,200,000

Cap Rate
5.28%
Tenant Name
Hank's Bar
Guarantor
No Guarantee
Rentable SF
6,500
Lease Type
Single Net
Rent Per Square Feet
$9.74

Investment Overview

Marcus & Millichap is pleased to present Development Site in Orlando, a rare opportunity for an investor to purchase in the quickly growing market of Orlando, FL. Orange County is #1 in the country for job growth and an estimated 1,500+ people are moving there per week. Within a 5-mile radius of the subject property, there is a huge population of over 278,000 people and an average household income of $85,000. The subject property is also in the path of progress and development being on the main corridor in and out of College Park. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Investment Highlights

  • Florida: Income Tax Free State
  • Huge Population: 278,545 (5-mile)
  • Combined Traffic Count: 97,000 VPD on Edgewater Drive, Lee Road, & Forest City Road
  • Orange County is #1 in the Country for Job Growth
  • Strong Population Migration - An Estimated 1,500+ People per Week Moving to Orange County
  • Orange County is a Hospitality and Tourism Hub - In 2018, Orlando Has 75 Million Annual Visitors Generating More Than $75.2 Billion in Annual Economic Impact for Central Florida.
  • Home to University of Central Florida - With Nearly 70,000 Students, UCF Has One of the Largest Student Bodies in the United States.
  • In the Path of Development/Progress - Main Corridor in and Out of College Park – A Booming Sub-Market and Target of New Construction Mixed Use Development.

Exclusively Listed By

Miscellaneous

Orlando Development Site

Listing Price: $1,200,000

Cap Rate
5.28%
Tenant Name
Hank's Bar
Guarantor
No Guarantee
Rentable SF
6,500
Lease Type
Single Net
Rent Per Square Feet
$9.74

Investment Highlights

  • Florida: Income Tax Free State
  • Huge Population: 278,545 (5-mile)
  • Combined Traffic Count: 97,000 VPD on Edgewater Drive, Lee Road, & Forest City Road
  • Orange County is #1 in the Country for Job Growth
  • Strong Population Migration - An Estimated 1,500+ People per Week Moving to Orange County
  • Orange County is a Hospitality and Tourism Hub - In 2018, Orlando Has 75 Million Annual Visitors Generating More Than $75.2 Billion in Annual Economic Impact for Central Florida.
  • Home to University of Central Florida - With Nearly 70,000 Students, UCF Has One of the Largest Student Bodies in the United States.
  • In the Path of Development/Progress - Main Corridor in and Out of College Park – A Booming Sub-Market and Target of New Construction Mixed Use Development.

Investment Overview

Marcus & Millichap is pleased to present Development Site in Orlando, a rare opportunity for an investor to purchase in the quickly growing market of Orlando, FL. Orange County is #1 in the country for job growth and an estimated 1,500+ people are moving there per week. Within a 5-mile radius of the subject property, there is a huge population of over 278,000 people and an average household income of $85,000. The subject property is also in the path of progress and development being on the main corridor in and out of College Park. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Exclusively Listed By

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