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10 N Summerlin Ave - Thorton Park Central Retail 19,991 SF Retail Condo Unit Offered at $12,592,316 CAD in Orlando, FL 32801
Investment Highlights
- Prime high-street retail asset in the heart of Thornton Park, steps from Lake Eola and Downtown Orlando’s core
- Long-term leases with built-in rent escalations providing stable, predictable cash flow
- Limited availability of comparable high-street retail in Downtown Orlando supporting long-term tenant demand and value retention
- 100% NNN-leased to an experience-driven mix of national, regional, and well-established local operators
- Part of a mixed-use association with luxury residential and Class A office components, creating a true live-work-play environment
Executive Summary
Thornton Park Central is a rare, 100% NNN-leased high-street retail asset located in the heart of Thornton Park, one of Downtown Orlando’s most established and walkable neighborhoods. The property occupies a prominent, signalized corner at N. Summerlin Avenue and E. Central Boulevard, just steps from Lake Eola and Downtown Orlando’s core. The 19,991-square-foot asset is fully leased to an experience-driven tenant lineup consisting of national, regional, and well-established local operators. Tenants include Starbucks; JINYA Ramen Bar & Lounge; Osteria Ester (operated by Good Salt Restaurant Group); F&D Cantina; Totoya Sushi; Paris Nails; Paper Map Creative; and B-Tone Fitness, positioning the property as a high-performing Downtown Orlando retail destination throughout the day and evening. Thornton Park Central is part of a mixed-use association that includes 56 luxury residential condominiums and a 37,000-square-foot Class A office tower, creating a true live-work-play environment. The surrounding neighborhood is supported by dense multifamily development, strong household incomes, and limited availability of comparable high-street retail. With long-term, 100% NNN leases and built-in rent escalations already in place, the property offers a clean, predictable cash-flow profile with long-term durability in one of Orlando’s most sought-after urban markets.
Property Facts
1 Unit Available
Unit 10
| Unit Size | 19,991 SF | Cap Rate | 6.23% |
| Price | $12,592,316 CAD | NOI | $784,892.82 CAD |
| Price Per SF | $629.90 CAD | No. Parking Spaces | 100 |
| Condo Use | Retail | APN/Parcel ID | 25-22-29-8642-00-570 |
| Sale Type | Investment |
| Unit Size | 19,991 SF |
| Price | $12,592,316 CAD |
| Price Per SF | $629.90 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.23% |
| NOI | $784,892.82 CAD |
| No. Parking Spaces | 100 |
| APN/Parcel ID | 25-22-29-8642-00-570 |
Description
Ground-floor retail investment located one block from Lake Eola in the heart of Thornton Park, one of Downtown Orlando’s most vibrant and walkable districts. The property features 19,991 SF of street-level retail with strong visibility along Summerlin Avenue (19,000+ vehicles per day), positioning the asset within one of the city’s most active urban retail corridors.
The asset is home to nine complementary tenants spanning specialty coffee, upscale dining, wellness, and service-oriented uses that generate steady activity throughout the day and evening while serving Downtown Orlando’s residential and professional population.
Located within one of Orlando’s most desirable urban neighborhoods, the property benefits from average household incomes exceeding $111K within one mile, a dense residential base, and strong demand from both residents and visitors to the Thornton Park and Lake Eola districts.
Sale Notes
- All nine tenants operate under triple-net (NNN) leases with rent escalations and renewal options, providing predictable income growth.
- Tenants reimburse landlord for property taxes, insurance, CAM, maintenance, and management fees, creating a passive, low-management investment structure.
- Diversified tenant mix serving Downtown Orlando’s dense residential and professional population.
- Located in Thornton Park, one of Downtown Orlando’s premier walkable retail corridors, just steps from Lake Eola and surrounded by luxury apartments, offices, and nightlife.
- Strong foot traffic and visibility along Summerlin Avenue (19,000+ vehicles per day) serving an affluent Downtown Orlando population with average household incomes exceeding $111,000, supporting consistent tenant demand.
Stabilized urban retail investment in one of Orlando’s most supply-constrained and desirable submarkets.
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10 N Summerlin Ave - Thorton Park Central Retail
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