Heartland Dental/Verizon | NNN Publix OutParcel | 6.52% CAP

16701 E Colonial Dr, Orlando, FL 32820

Marcus & Millichap is pleased to exclusively present an exceptional investment opportunity at 16701 East Colonial Dr., Orlando, FL 32820. This property spans 1.14 acres as an outparcel to the high-performing, Publix-anchored Corner Lakes Plaza, owned by Publix since 2014. Featuring NNN leases with nationally recognized tenants, including Heartland Dental (1,700+ locations) and Verizon Wireless (800+ locations), the property offers reliable rental income with minimal landlord responsibilities. ? ? The property benefits from 180 feet of prime frontage on Colonial Drive (SR 50), a high-traffic corridor with over 42,000 vehicles per day, ensuring strong visibility and easy access. Shadow anchor tenants Publix and Tractor Supply Co. drive consistent foot traffic to the site, with Publix seeing nearly 90,000 monthly visits and Tractor Supply Co. attracting close to 21,000 visits (Placer.AI, October 2024). Located just five miles from the University of Central Florida, this property is perfectly positioned to serve a large, local consumer base. Major nearby retailers include Walmart, Lowes, Starbucks, McDonalds, and Walgreens, and many more. ?

Contact

Broker or Owner Contact
Tarek Chbeir
Marcus & Millichap
,
Phone: 4075573834
tarek.chbeir@marcusmillichap.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 1c2be3a5-a003-40b9-91c8-5b42c982afb3
Building Size
Site Size (acres)
Zoning
Year Built 2016
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 3260000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.5618222
Longitude -81.1330631
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