University Terrace
11325 University Blvd,
Orlando,
FL 32817
Description Fortis Net Lease is pleased to present this 4 Tenant Retail Center located in the prime retail corridor for the University of Central Florida Campus. The mix of the tenants was focused on food and services, positioning this portfolio to be E-commerce resistant. The property features leases to Fedex Ofce, Papa Johns, Soupa Asian Noodle Bar and Night Owl Cookies. All of the leases are triple net with minimal landlord responsibilities. Due to the steady inux of students/consumers generated by the college, this property proved to be Recession-proof in 2008-2009.This property benets from having better than average demographics, where the 5-mile population is greater than 235,000. The new owner will take pride in the pristine location and condition of this property that seamlessly appears to be a part of the Central Florida University Campus. The list price is $4,364,345 reecting a 5.5% cap rate. Highlights Prime College Campus Location | Located less than 1 mile from the University of Central Florida Campus Premiere University | With 70,406 students as of the Fall 2021 semester, UCF currently has the second-largest student body of any public university in the United States E-Commerce Resistant | Papa Johns, Fedex, Soupa Noodle Bar and Night Owl Cookie provide e-commerce resistance by focusing on "Food &Service" tenants Recession-Resistant Property | Large student base as consumers has contributed to this property being Recession-proof Strong Demographics | More than 235,000 residents within a 5- mile radius, with a median house value of $252,000 within a 1-mile Radius
Contact
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Broker or Owner Contact
Robert
Bender
,
Phone: (248) 254-3406
rbender@fortisnetlease.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 |
1119 |
| Building Size |
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| Site Size (acres) |
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| Zoning |
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| Year Built |
2008 |
| Number of Drive-In Doors |
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| Number of Dock-In Doors |
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| Clearance Height |
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| Drive-in Doors |
no |
| Sprinklered |
no |
| Parking Ratio |
0 |
| Updated |
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| Number of Parking Spaces |
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| Parking |
no |
| HVAC |
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Pricing
| For Sale |
yes |
| Sale Price |
4364345 |
| For Lease |
no |
| Lease Type |
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| Lease Cost |
0 |
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Geographic and Infrastructure
| Latitude |
28.5983049 |
| Longitude |
-81.2230204 |
| 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 |
| Sewer provider |
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Unused Data Points
| status |
Active |
| businesspark |
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| buildingtypes |
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| contiguous |
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| divisiblefrom |
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| saleprice |
4364345 |
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| dockhigh |
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| loadbearing |
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| multitenant |
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| shovelready |
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| networked |
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| phase1 |
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| thumbnail |
https://storage.googleapis.com/simplifi-dev/images/7e09d42c/university-terrace-be5ba216-thumb.jpg |
| image1 |
https://storage.googleapis.com/simplifi-dev/images/7e09d42c/university-terrace-be5ba216.jpg |
| image2 |
https://storage.googleapis.com/simplifi-dev/images/7e09d42c/university-terrace-d1ded42a.jpg |
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| cranes |
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| airconditioned |
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| heated |
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| electricvolts |
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| expandableYesNo |
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| floorThickness |
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| cranesUnderHook |
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| refrigeratedSF |
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| docksLevel |
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| isContiguous |
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| overrideimport |
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| createdBy |
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| description_lower_first |
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