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8010 W Colonial Dr
Orlando, FL 32818
Colonial Town Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- HIGH VISIBILITY AT TRAFFIC LIGHT ½ Mile from State Road 408, Orlando’s Major East-West Thoroughfare (97,000 VPD)
- HIGH-PROFILE RETAIL CORRIDOR Shadow Center To Neighborhood Walmart and Sams Club, Driving Built-In Foot Traffic and Visibility
- STRONG ANCHOR TENANT BY SKYZONE with a Corporate Guarantee from CircusTrix Holdings LLC - the World’s Largest Trampoline Park Operator, Parent Company
- PRIME ORLANDO LOCATION Situated In One of The Densest Submarkets With 14,000+ People Within One Mile And 118,000+ Within Three Miles
- 100% OCCUPIED WITH STRONG LEASES Every Tenant Secured by Long-Term Triple Net Leases Featuring Annual Escalations and Renewal Options
- INSTITUTIONAL QUALITY ASSET Class A Retail Building Constructed In 2009 With no Deferred Maintenance; Recent CAPEX (Last 3 Years) Includes New Roof,
EXECUTIVE SUMMARY
The center is shadow anchored by a Walmart Neighborhood Market and Sam’s Club, providing built-in traffic and national credit synergy. The opportunity to develop an additional 6,000 square feet of retail further enhances the property’s value-add potential while maintaining a fully stabilized rent roll. Recent capital improvements, including a new roof, upgraded electrical, exterior and parking lot lighting, and updated LED signage wiring, position the asset with no deferred maintenance and institutional-grade curb appeal.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
49,200 SF
Building Class
B
Year Built
2009
Price
$21,875,100 CAD
Price Per SF
$444.62 CAD
Cap Rate
6.03%
NOI
$1,318,577 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
5.45 AC
Zoning
P-D
Parking
210 Spaces (4.27 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 26-2228-6069-00-020 | Improvements Assessment | $11,116,889 CAD |
| Land Assessment | $3,498,696 CAD | Total Assessment | $14,615,585 CAD |
PROPERTY TAXES
Parcel Number
26-2228-6069-00-020
Land Assessment
$3,498,696 CAD
Improvements Assessment
$11,116,889 CAD
Total Assessment
$14,615,585 CAD
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