Value Add Mixed Use Shopping Center In A Prime Location In Orlando Florida
10311 Orangewood Blvd
Orlando, FL 32821
Highlights
- Huge Value Add Opportunity With Substantially Below Market Rates.
- Retail Convenience Store Included with Corporate Lease.
- 3.49 Acres, 29,285. SF At 95% Occupancy.
- Well Kept And Maintained With No Deferred Maintenance.
- Ideal for 1031 Exchange and Absentee Ownership.
Description
Williamsburg Plaza is an exclusive fee simple offering. The property is ideally situated at the northeast corner of Orangewood Blvd and Gateway Ave in Orange County, Orlando, Florida and is surrounded by the beautiful residential area of Williamsburg. Williamsburg Plaza tenants consist of 32 small to medium size local service-based businesses. The plaza has been well kept and maintained by a single owner of over 20 years. Great value add income potential for new ownership. Leases are a mix of NNN and modified gross leases. All the financials will be in the ten-X website data box including information on the tenants.
Williamsburg Plaza is located at the intersection of Orangewood Blvd & Gateway Ave just south of Hwy 528 and Universal Blvd in south Orlando. This property is located along a prime retail, tourism corridor, and is just few minutes away from the new Epic Universe Park, Orlando's newest theme park that is owned and operated by Universal Studios. It is less than two miles away from world-famous International Drive and 10 minutes away from Walt Disney World. The proximity of major thoroughfares such as Florida’s Turnpike, the Beachline (SR 528), Central Florida Greenway (SR 417) and I-4 allows for easy access to all of Metro Orlando, including Orlando International Airport and Orange County Convention Center.
Orlando is currently one of the most sought-after retail markets in the world and boasts the 4th fastest growing population in the United States, welcoming over 1,000 new residents each week, a rate that has held constant for over 60 years. People aren’t just looking to visit Orlando’s world class attractions; they’re putting down roots and taking advantage of all the region has to offer in terms of growth and investment.
