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2295 S Hiawassee Rd - The Shops at Veranda Park 17,604 SF Retail Condo Unit Offered at $9,131,900 CAD in Orlando, FL 32835
Investment Highlights
- Located within the 1,800+ acre MetroWest masterplanned community, one of Orlando’s most established and densely populated submarkets.
- Coffee, medical, service, and experiential tenants create all-day traffic patterns.
- Several tenants below market relative to newer leases
- Fronting South Hiawassee Road, a primary north-south artery serving West Orlando with strong daily traffic counts (28,500 VPD).
- Service-oriented and medical tenancy supports long-term stability and reduced e-commerce exposure.
Executive Summary
The Shops at Veranda Park is a ±17,604 square foot, multi-tenant retail asset located within the highly desirable MetroWest master-planned community in Orlando, Florida. Veranda Park Building 1000 presents the opportunity to acquire a well-located, stabilized neighborhood retail asset in the highly desirable MetroWest / Windermere submarket of Orlando, Florida.
1 Unit Available
Unit Retail
| Unit Size | 17,604 SF | Sale Type | Investment |
| Price | $9,131,900 CAD | Cap Rate | 6.00% |
| Price Per SF | $518.74 CAD | NOI | $547,914.02 CAD |
| Condo Use | Retail |
| Unit Size | 17,604 SF |
| Price | $9,131,900 CAD |
| Price Per SF | $518.74 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| NOI | $547,914.02 CAD |
Description
The property spans approximately 17,604 square feet of retail condominium space.
Sale Notes
The Shops at Veranda Park present an exceptional retail investment opportunity located in the flourishing MetroWest area of Orlando, one of the city’s most prominent and established master-planned communities. This offering includes well-curated ground-floor retail condos. The property spans approximately 17,604 square feet on 1.40 acres and boasts 100% occupancy, ensuring immediate in-place income and long-term stability.
Strategically positioned along South Hiawassee Road, the site benefits from high visibility and traffic exposure, capturing an average of 28,500 vehicles per day. Tenancy includes leading service-oriented, medical, and food & beverage operators such as Easy Work Space, Achille’s Coffee Shop, Filutowski Eye Institute, CB Catering, and Alora Health Spa. This tenant composition not only fosters consistent daily activity but also mitigates the impact of e-commerce trends.
With connectivity to major roadways such as Florida Turnpike, I-4, S Kirkman Road, and Colonial Drive, the property offers convenient regional accessibility. Investors will appreciate the 6.0% cap rate offered at a price of $6,634,000, alongside significant upside potential through rent growth as several tenants are currently below market rent levels. Positioned in an established yet evolving corridor, The Shops at Veranda Park represent an attractive opportunity for stable income and future appreciation.
Property Facts
Amenities
- 24 Hour Access
- Controlled Access
- Day Care
- Food Service
- Property Manager on Site
- Security System
- Wheelchair Accessible
- Reception
- Fire Pits
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Presented by
Green Towers Realty
2295 S Hiawassee Rd - The Shops at Veranda Park
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