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Milk District Retail/Office Opportunity 530 N Bumby Ave 3,052 SF of Retail Space Available in Orlando, FL 32803
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,052 SF | Negotiable | $36.29 CAD/SF/YR $3.02 CAD/SF/MO $110,769 CAD/YR $9,231 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Corner space with excellent visibility
- Surrounded by national retailers
- Great accessibility to SR-408 and E Colonial Dr
- 12 surface parking spaces
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 | 3,052 SF | Gross Leasable Area | 7,259 SF |
| Property Type | Retail | Year Built | 1961 |
| Property Subtype | Storefront | Parking Ratio | 1.93/1,000 SF |
| Total Space Available | 3,052 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 7,259 SF |
| Year Built | 1961 |
| Parking Ratio | 1.93/1,000 SF |
ABOUT THE PROPERTY
Located at 530 N Bumby Ave, this corner retail space sits in the heart of Orlando’s eclectic Milk District. Featuring an open floor plan and excellent visibility, the property offers easy access from E Colonial Dr and SR-408, and is just minutes from Downtown Orlando. A great opportunity for businesses looking to establish themselves in a walkable, high-traffic neighborhood with a strong local vibe. Nestled in the heart of Orlando's vibrant Mills District, this location puts your retail venture at the center of the action. Surrounded by a unique mix of boutiques, galleries, and eateries, the area draws a steady flow of local residents and visitors. Just steps away from Lake Ivanhoe and the bustling Mills 50 district, the location offers prime exposure to a culturally diverse crowd. Nearby points of interest include the Orlando Science Center, Leu Gardens, and Thornton Park. With its energetic atmosphere and thriving community, this sought-after area is the perfect setting to showcase your retail concept and engage with a dynamic customer base.
NEARBY MAJOR RETAILERS
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Milk District Retail/Office Opportunity | 530 N Bumby Ave
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