2305 Edgewater Dr - The Wellesley - Retail 19,827 SF Retail Condo Unit Offered at $15,594,678 CAD in Orlando, FL 32804

CBRE is proud to offer for sale The Wellesley, a 19,827 square foot, 95% leased and long established retail condominium in Orlando, Florida. Built in 2007, it is the ground floor retail component of the 7-story Wellesley Condominium project. The property is located in the highly popular College Park neighborhood just North of Downtown Orlando. The College Park trade area is densely populated with high incomes. Due to its in-fill location in close proximity to Orlando, there has been a surge in both densification and gentrification leading to impressive increases in home values. The Wellesley is located along Edgewater Drive between West Smith Street and Vassar Street, the most prominent location in College Park. Both intersections are fully signalized allowing for excellent automobile and foot access. The property also benefits from designated off-street garage parking combined with street parking. The Wellesley provides the perfect mix of daily needs neighborhood retail and service providers. It is located in a highly-desirable neighborhood with positive momentum. Its ideal positioning, seasoned tenancy, solid income growth potential and at a major lighted intersection with abundant parking makes for a successful retail project.