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

Broker or Owner Contact
Chris Elliott
,
Phone: (248) 419-3812
celliott@fortisnetlease.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 13
Building Size
Site Size (acres)
Zoning
Year Built 2008
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 4364345
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.5983049
Longitude -81.2230204
County Orange County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider