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
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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 |
1c2be3a5-a003-40b9-91c8-5b42c982afb3 |
Building Size |
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Site Size (acres) |
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Zoning |
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Year Built |
2016 |
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 |
3260000 |
For Lease |
no |
Lease Type |
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Lease Cost |
0 |
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Geographic and Infrastructure
Latitude |
28.5618222 |
Longitude |
-81.1330631 |
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 |
3260000 |
pricepersf |
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dockhigh |
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divisible |
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loadbearing |
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multitenant |
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shovelready |
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networked |
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description_lower_first |
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