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3157 E Colonial Dr
Orlando, FL 32803 Audubon Park

$5,693,000 USD

General Retail For Sale  •  6,000 SF

Property Details

  • Property Type General Retail
  • Total Building Size 5,952 SF
  • Lot Size 0.81 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 6.00 %
  • Tenancy Multiple
  • Zoning C
40 Transit Score
67 Walk Score

Highlights

Two-Tenant Net-Lease Investment (Aspen Dental & CAVA) – New Long-Term Corporate Leases (Entirety of Term & Extensions)
World-Class Trophy Retail Location in Orlando, FL – Income Tax-Free State – East Colonial Dr (SR 50) with 83,000 VPD
Aspen Dental – Approx. $8.4B in U.S. Annual Revenue – Subsidiary of The Aspen Group (TAG)
CAVA – S&P 400 Component (2023 IPO), $954M in Annual Revenue Trending Up
Nearby Major Traffic-Generating Retailers Include: Target, Burlington, ALDI, PetSmart, Marshalls, Bealls, Ulta, Total Wine, Big Lots, Sprouts
Tenants Responsible for Taxes, Insurance, CAM, plus Management Fees (Includes Roof Warranty)

Property Flyers

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Aspen Dental 3,500 SF 5/31/2032
CAVA 2,452 SF 11/30/2035

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.7 mi
7 min - 3.1 mi
AirportDriveWalkDistance
Orlando International 20 min - 10.9 mi
Orlando Sanford International 33 min - 23.4 mi
Spencer O'Donnell 714-400-6267 Charter Realty Company
Spencer O'Donnell 714-400-6267 Charter Realty Company