Skip to main content

Shopping Strip

Powers Plaza

6332 W Colonial Dr, Orlando, FL 32818

Listing Price: $4,404,000

Cap Rate
7.98%
Gross SF
27,220
Rentable SF
27,220
Price/Gross SF
$161.79
Lot Size
2.30 acres
Year Built
1972

Investment Overview

Marcus & Millichap is pleased to exclusively offer Powers Plaza located in Orlando, Florida. This offering is a mixed-use center, consisting of three separate buildings originally constructed in 1972, 1986 and 2004. This offering is a fully leased, professional and retail center priced at $161 per square foot – significantly below replacement cost. Based on current market conditions, a buyer could acquire this property with debt and realize a year-1, cash-on-cash return of 10.93-percent and total return of 15.28-percent after principal paydown.

Investment Highlights

  • • Stabilized, Retail / Professional Investment | Fully leased with internet resistant tenants
  • Priced Below Replacement Cost | $161 per square foot includes two flex retail buildings and a modular office
  • Replaceable $13.65/SF Rents | Average market net rents exceed $20 per square foot

Exclusively Listed By

Financing By

Shopping Strip

Powers Plaza

Listing Price: $4,404,000

Cap Rate
7.98%
Gross SF
27,220
Rentable SF
27,220
Price/Gross SF
$161.79
Lot Size
2.30 acres
Year Built
1972

Investment Highlights

  • • Stabilized, Retail / Professional Investment | Fully leased with internet resistant tenants
  • Priced Below Replacement Cost | $161 per square foot includes two flex retail buildings and a modular office
  • Replaceable $13.65/SF Rents | Average market net rents exceed $20 per square foot

Investment Overview

Marcus & Millichap is pleased to exclusively offer Powers Plaza located in Orlando, Florida. This offering is a mixed-use center, consisting of three separate buildings originally constructed in 1972, 1986 and 2004. This offering is a fully leased, professional and retail center priced at $161 per square foot – significantly below replacement cost. Based on current market conditions, a buyer could acquire this property with debt and realize a year-1, cash-on-cash return of 10.93-percent and total return of 15.28-percent after principal paydown.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower