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Building For Lease - 450 S Orlando Ave. 450 S Orlando Ave 3,820 SF of Office/Retail Space Available in Maitland, FL 32751
HIGHLIGHTS
- Move-in ready NOW
- Dense Retail and Residential Corridor / Surrounding Retailers Include: Publix, Starbucks, McDonald’s, Walgreens, Chase, PNC, Bank of America.
- Excellent visible location | S Orlando Ave with 51,500+ AADT
- 3 Bank Teller Lines. Parking: 47 Spaces - Drive thru
- Easy access to 17/92, Maitland Blvd, I-4 and close to Maitland SunRail Station
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,820 SF | Negotiable | $60.83 CAD/SF/YR $5.07 CAD/SF/MO $232,371 CAD/YR $19,364 CAD/MO | TBD |
1st Floor
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.
PROPERTY FACTS
| Total Space Available | 3,820 SF | Gross Leasable Area | 3,851 SF |
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Bank | Parking Ratio | 12.2/1,000 SF |
| Total Space Available | 3,820 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 3,851 SF |
| Year Built | 2006 |
| Parking Ratio | 12.2/1,000 SF |
ABOUT THE PROPERTY
The property is located at 450 South Orlando Avenue in Maitland, Florida, which experiences an average daily traffic count of 51,500 vehicles per day, respectively. Just off Orlando Avenue is East Horatio Avenue and Horatio Avenue, which brings an additional 37,980 and 26,000 vehicles to the immediate area daily. Maitland has a strong population count with approximately 96,000 individuals residing within a three-mile radius of the property and more than 270,000 individuals within a five-mile radius. Additionally, this subject property is situated in an affluent suburban community with an average household income exceeding $117,400 within a one-mile radius. The subject property benefits from its proximity to Interstate-4, which provides easy transportation access to neighboring Orlando, as well as Daytona Beach to the north and Tampa to the southwest. Located in a dense residential and retail corridor, MIDFLORIDA Credit Union is surrounded by many national retailers and banks including Publix, Starbucks, McDonald’s, Walgreens, Chase, PNC, Bank of America, SunTrust, Wells Fargo and many more. There are several condominium and apartment complexes within a half-mile of the subject property including the Q at Maitland, The Village at Lake Lily (250+ units) and Lake Maitland Terrace Condos (181 units). Maitland is one of the oldest incorporated suburban municipalities in central Florida. As a major suburb of Orlando, the town's "historical corridor" encompasses old residences still standing and occupied in the Lake Lily - Lake Catherine area and extending through the central portion of the city. The area has always been a vacation spot because of its climate, location to theme parks and people. However, Maitland has recently become a location where affluent individuals have come to reside. Maitland’s Community Redevelopment Agency currently has an updated 2017 Master Plan in order to promote business retention and new business recruitment through the expansion of downtown Maitland, connection of public spaces, road and sidewalk improvements and new building additions. In total, these redevelopments will help attract new residents and businesses alike, further expanding the success of the city.
- Banking
- Corner Lot
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
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Building For Lease - 450 S Orlando Ave. | 450 S Orlando Ave
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