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Reedy Plaza 10376 E Colonial Dr 906 SF of Retail Space Available in Orlando, FL 32817
HIGHLIGHTS
- Fully leased and well-established shopping center
- Close proximity to UCF and Valencia College
- Pylon signage on hwy 50
- Heavy traffic (54,000 cpd) on major hwy 50
- Excellent access and surplus parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 906 SF | 5-10 Years | $38.55 CAD/SF/YR $3.21 CAD/SF/MO $34,929 CAD/YR $2,911 CAD/MO | Triple Net (NNN) |
10376 E Colonial Dr - 1st Floor - Ste 103
Rare opportunity to lease 'bite-sized' unit with economical rent in fully leased and well-established neighborhood shopping center on major highway E Colonial Dr (SR 50) in Orlando. Shares shopping center with Dunkin, brand new car wash, popular Jamaican restaurant franchise Juici Patties, Rent-A-Center and Napa Auto Parts. Close proximity to University of Central Florida with its 70,000 students (3 mi), Valencia College's main campus with its 20,000 students (1 mi) and Waterford Lakes shopping district (2 mi). Heavy traffic at around 54,000 cars per day and positioned on the 'going home' side of the street. Excellent access, with right-in/right-out and left-in from E Colonial Dr and multiple access points from Culver Rd. Directly across from Aldi, Bravo Supermarket, Dollar Tree, Dollar General and Harbor Freight, McDonald's, KFC, Captain D's and Scooter's Coffee. Multiple long-established and successful businesses in the center with nearly two dozen restaurants and services.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Drop Ceilings
- Bite-sized (economical) space (906 sq. ft.)
- Rare leasing opportunity in strong Orlando market
- Benefits from position beside Dunkin' drive-thru
- Fully built-out space in great condition
- Last space available in shopping center
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT REEDY PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dunkin
- Retailer
- -
- -
- Family Restaurant Chubby's
- Restaurant
- 1
- -
- NAPA Auto Parts
- Automotive
- 5,980
- International
- Rac Rent-A-Center
- Rental and Leasing Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dunkin | Retailer | - | - |
| Family Restaurant Chubby's | Restaurant | 1 | - |
| NAPA Auto Parts | Automotive | 5,980 | International |
| Rac Rent-A-Center | Rental and Leasing Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 906 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 31,692 SF |
| Parking | 117 Spaces | Total Land Area | 3.96 AC |
| Stores | 19 | Year Built | 1984 |
| Center Properties | 1 |
| Total Space Available | 906 SF |
| Center Type | Strip Center |
| Parking | 117 Spaces |
| Stores | 19 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 31,692 SF |
| Total Land Area | 3.96 AC |
| Year Built | 1984 |
ABOUT THE PROPERTY
Well-established Orlando neighborhood shopping center on major hwy 50, shadow-anchored by Aldi and McDonalds directly across the street. Fully leased with Dunkin, Rent-A-Center, Napa Auto, AquaShine Express Car Wash, popular Jamaican fast food chain Juici Patties and +20 tenants. The property is in close proximity to UCF and Valencia College (90,000 students combined) and strategically placed to benefit from traffic bound for the major expressways FL-417 and FL-408 from the east and west. More closely, the center sits in between the intersections of E Colonial Dr/Dean Rd (81,000 cpd combined) and E Colonial Dr/Rouse Rd (77,000 cpd combined).
- Pylon Sign
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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Reedy Plaza | 10376 E Colonial Dr
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