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13599 W Colonial Dr 5,674 SF 100% Leased Retail Building Winter Garden, FL 34787 $15,056,690 CAD ($2,653.63 CAD/SF) 5% Cap Rate
Investment Highlights
- Heavy Traffic
- Site Features a Wawa, Chipotle, Culver's, and Blaze Pizza
- Growing Trade Area in Orlando - 140,638 Residents w/in a 5-Mile Radius, w/ Households and Population Projected to Increase 10.20%+ by 2026
- 100% Leased to Diverse Tenant Profile with All NNN Leases
- Signalized Hard Corner Location with Excellent Visibility and Accessibility
Executive Summary
• Strong tenant mix including Wawa, Chipotle, Culver’s and Blaze Pizza.
• Long term leases with built in rent escalations and multiple renewal options
• 100% leased
• Predominantly NNN lease structure, minimizing landlord responsibilities
• Located within a well established retail corridor with strong daily traffic counts
• Synergistic tenant mix driving consistent consumer traffic throughout the center
• Situated in a growing market supported by strong demographics and household income
• Long term leases with built in rent escalations and multiple renewal options
• 100% leased
• Predominantly NNN lease structure, minimizing landlord responsibilities
• Located within a well established retail corridor with strong daily traffic counts
• Synergistic tenant mix driving consistent consumer traffic throughout the center
• Situated in a growing market supported by strong demographics and household income
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
5,674 SF
Building Class
B
Year Built
2018
Price
$15,056,690 CAD
Price Per SF
$2,653.63 CAD
Cap Rate
5%
NOI
$752,835 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.74 AC
Zoning
C-2
Parking
55 Spaces (6.11 Spaces per 1,000 SF Leased)
Frontage
124’ on Colonial Dr
Amenities
- Signage
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-2227-0001-02-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,424,672 CAD |
Property Taxes
Parcel Number
23-2227-0001-02-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,424,672 CAD
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13599 W Colonial Dr
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