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Waterford Lakes Town Center 303-881 N Alafaya Trl 1,018 - 92,315 SF of Retail Space Available in Orlando, FL 32828
HIGHLIGHTS
- 701,950 GLA, open-air center that ranks as the #1 most-visited lifestyle center in all of FL; #6 in the nation, with 14.4 million visitors annually.
- Impeccable mix of tenants ranging from nationally-recognized retailers to local tenants across over 100 suites.
- Positioned along Alafaya Trl (59,500± AADT) and directly off SR-408 (73,500± AADT) with excellent highway visibility and a convenient on/off-ramp.
- Incredibly rare availability at a trophy site that historically commands a fully-occupied tenant roster, including 2nd-generation restaurant spaces.
- Serves as the go-to destination for UCF (3.0 mi) students and long-term residents alike given its diverse sprawl of businesses.
- Leading destination of the busy Alafaya Trl retail corridor due to its renown roster, visibility, and record-breaking sales.
SPACE AVAILABILITY (13)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 1,511 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 103 | 23,406 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 109 | 2,057 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 16 | 35,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 23 | 4,910 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 27 | 3,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 34 | 1,018 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 64 | 1,868 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 74 | 1,758 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 80 | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 82A | 2,976 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 86 | 3,128 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 90-92 | 2,452-8,583 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
881-895 N Alafaya Trl - 1st Floor - Ste 1
This is a second-generation restaurant space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Corner Space
651-753 N Alafaya Trl - 1st Floor - Ste 103
Serves as the go-to destination for UCF's 69,818 students with an impeccable mix of tenants ranging from national retailers to local businesses
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
651-753 N Alafaya Trl - 1st Floor - Ste 109
Serves as the go-to destination for UCF's 69,818 students with an impeccable mix of tenants ranging from national retailers to local businesses
- Lease rate does not include utilities, property expenses or building services
825 N Alafaya Trl - 1st Floor - Ste 16
Serves as the go-to destination for UCF's 69,818 students with an impeccable mix of tenants ranging from national retailers to local businesses
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
775-789 N Alafaya Trl - 1st Floor - Ste 23
Serves as the go-to destination for UCF's 69,818 students with an impeccable mix of tenants ranging from national retailers to local businesses
- Lease rate does not include utilities, property expenses or building services
413-557 N Alafaya Trl - 1st Floor - Ste 27
2nd generation restaurant.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
413-557 N Alafaya Trl - 1st Floor - Ste 34
Serves as the go-to destination for UCF's 69,818 students with an impeccable mix of tenants ranging from national retailers to local businesses
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
441-517 N Alafaya Trl - 1st Floor - Ste 64
2nd generation restaurant.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
441-517 N Alafaya Trl - 1st Floor - Ste 74
Serves as the go-to destination for UCF's 69,818 students with an impeccable mix of tenants ranging from national retailers to local businesses
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
413-557 N Alafaya Trl - 1st Floor - Ste 80
This is a second-generation restaurant space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space is in Excellent Condition
413-557 N Alafaya Trl - 1st Floor - Ste 82A
Serves as the go-to destination for UCF's 69,818 students with an impeccable mix of tenants ranging from national retailers to local businesses
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
413-557 N Alafaya Trl - 1st Floor - Ste 86
Serves as the go-to destination for UCF's 69,818 students with an impeccable mix of tenants ranging from national retailers to local businesses
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Corner Space
651-753 N Alafaya Trl - 1st Floor - Ste 90-92
This space is divisible. Serves as the go-to destination for UCF's 69,818 students with an impeccable mix of tenants ranging from national retailers to local businesses
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 WATERFORD LAKES TOWN CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Barnes & Noble
- -
- -
- -
- LA Fitness
- Fitness
- 944
- International
- lululemon
- -
- -
- -
- Target
- Dept Store
- 2,405
- International
- Victoria's Secret
- Ladies' Apparel
- 987
- International
- Warby Parker
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Barnes & Noble | - | - | - |
| LA Fitness | Fitness | 944 | International |
| lululemon | - | - | - |
| Target | Dept Store | 2,405 | International |
| Victoria's Secret | Ladies' Apparel | 987 | International |
| Warby Parker | - | - | - |
PROPERTY FACTS
ABOUT THE PROPERTY
Located in Orlando's upscale West University submarket, Waterford Lakes Town Center is Florida’s premier grocery-anchored lifestyle center, attracting 14.4 million visits annually. This 700,000+ square-foot property spread across 79 acres hosts a diverse mix of high-quality tenants that blend lifestyle and essential services. Positioned just three miles south of the University of Central Florida (69,818 students), the center benefits from strong demographics in one of the fastest-growing metro areas in the U.S. Key tenants include Super Target (shadow), T.J. Maxx, Ross Dress for Less, Best Buy, Panera Bread, and Bath & Body Works, alongside recent additions like Lululemon, Nike, Shake Shack, Warby Parker, Sephora, and Tiger Woods' PopStroke, making it an attractive location for both established and emerging retailers seeking high visibility and robust sales. For additional information, contact us.
- Air Conditioning
- Dedicated Turn Lane
- Freeway Visibility
- Property Manager on Site
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Waterford Lakes Town Center | 303-881 N Alafaya Trl
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