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Shopping Neighborhood

Stoneybrook Marketplace

2504 S Alafaya Trail, Orlando, FL 32828

Listing Price: $8,200,000

Cap Rate
6.60%
Gross SF
34,900
Rentable SF
34,900
Price/Gross SF
$234.96
Lot Size
6.40 acres
Year Built
2007

Investment Overview

Marcus & Millichap is pleased to present Stoneybrook Marketplace (the “Property”), a fully-occupied 34,900-square-foot shopping center located at 2504 South Alafaya Trail in the rapidly developing East Orlando submarket. The Property was constructed in 2007 and features a multi-colored brick facade and pillars to go along with the underlying concrete block construction. Featuring a mix of national, regional and local tenants, this investment property offers excellent stability going forward. The tenant’s leases are structured in a non-co-terminus fashion, minimizing vacancy risk. The majority of the tenancy has been at the Property for over four years and will remain in place for a minimum of an additional three years. This Property is surrounded by dense residential developments and two, renowned golf courses. Stoneybrook Marketplace is located on the main thoroughfare of Alafaya Trail, which benefits from daily traffic counts of over 29,000 vehicles per day. There is limited competition in the immediate area, which creates increased demand for the retail spaces. The diverse tenant mix provides services that include fitness, faith, family and food. Stoneybrook Marketplace sits less than six miles south of the University of Central Florida’s main campus (UCF). UCF is the largest university by enrollment in Florida and one of the largest universities in the nation with more than 61,000 students.

Investment Highlights

  • 34,900-Square-Foot Strip Center
  • 100-Percent Occupied | All Tenants on Triple-Net Leases
  • Over 500 Feet of Frontage on South Alafaya Trail
  • Population of Over 180,000 Within a Fifteen Minute Drive | Nearly Six Percent Growth Outlook over 5 Years
  • Located in the Sixth Largest MSA in the Southeastern United States

Exclusively Listed By

Shopping Neighborhood

Stoneybrook Marketplace

Listing Price: $8,200,000

Cap Rate
6.60%
Gross SF
34,900
Rentable SF
34,900
Price/Gross SF
$234.96
Lot Size
6.40 acres
Year Built
2007

Investment Highlights

  • 34,900-Square-Foot Strip Center
  • 100-Percent Occupied | All Tenants on Triple-Net Leases
  • Over 500 Feet of Frontage on South Alafaya Trail
  • Population of Over 180,000 Within a Fifteen Minute Drive | Nearly Six Percent Growth Outlook over 5 Years
  • Located in the Sixth Largest MSA in the Southeastern United States

Investment Overview

Marcus & Millichap is pleased to present Stoneybrook Marketplace (the “Property”), a fully-occupied 34,900-square-foot shopping center located at 2504 South Alafaya Trail in the rapidly developing East Orlando submarket. The Property was constructed in 2007 and features a multi-colored brick facade and pillars to go along with the underlying concrete block construction. Featuring a mix of national, regional and local tenants, this investment property offers excellent stability going forward. The tenant’s leases are structured in a non-co-terminus fashion, minimizing vacancy risk. The majority of the tenancy has been at the Property for over four years and will remain in place for a minimum of an additional three years. This Property is surrounded by dense residential developments and two, renowned golf courses. Stoneybrook Marketplace is located on the main thoroughfare of Alafaya Trail, which benefits from daily traffic counts of over 29,000 vehicles per day. There is limited competition in the immediate area, which creates increased demand for the retail spaces. The diverse tenant mix provides services that include fitness, faith, family and food. Stoneybrook Marketplace sits less than six miles south of the University of Central Florida’s main campus (UCF). UCF is the largest university by enrollment in Florida and one of the largest universities in the nation with more than 61,000 students.

Exclusively Listed By

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