For Sale: Towne Square | Anchor WALT Exceeding 10 Years | $112K AHHI | 1,650 New Residential Units | 3.2% CAGR | Orlando MSA
11029 W Colonial Dr,
Ocoee,
FL 34761
Description Colliers, as exclusive broker, is pleased to present the opportunity to acquire Towne Square (the Property), an Old Time Pottery anchored center located in Orlandos infill, fast-growing submarket of Ocoee, Florida with average household incomes exceeding $112,000. The Property is conveniently located along West Colonial Drive (45,500 VPD), Central Floridas main east-west corridor, with over 1,650 residential units recently completed, planned, or under construction within 3 miles. Towne Square is highlighted by strong anchor WALT (10+ years), below market anchor and shop rents with very few renewal options remaining, tremendous leasing activity, and the potential to develop an outparcel pad site. Highlights Infill, Upward-Trending Ocoee & Winter Garden Submarket in Orlando MSA Strong Anchor WALT Highlighted by Recent Anchor Extension Tremendous Opportunity to Grow NOI, Add Outparcel Excellent Property Fundamentals & Investment Basis
Contact
Broker or Owner Contact
Whitaker
Leonhardt
,
Phone: (407) 718-2275
whitaker.leonhardt@colliers.com
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ED Contact
Robert
Collins
Orlando Utilities Commission
100 W Anderson St
Orlando,
FL
32801
Phone: (407) 423-9100
rcollins@ouc.com
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Building
Property ID |
1041 |
Building Size |
126374 |
Site Size (acres) |
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Zoning |
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Drive-in Doors |
no |
Sprinklered |
no |
Parking Ratio |
0 |
Updated |
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Parking |
no |
HVAC |
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Pricing
For Sale |
yes |
Sale Price |
0 |
For Lease |
no |
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Lease Cost |
0 |
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Geographic and Infrastructure
Latitude |
28.5534651 |
Longitude |
-81.5430808 |
County |
Orange County |
Rail Access |
no |
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Utilities
Service to Property |
no |
Electric Provider |
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Gas On Site |
no |
Gas Provider |
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Water On Site |
no |
Water Provider |
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Fiber Optics |
no |
Telecom on Site |
no |
Sewer On Site |
no |
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Active |
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