Avenue Shoppes - 8204 Crystal Clear Lane - Orlando, FL

8204 Crystal Clear Ln, Orlando, FL 32809

Description JLL Capital Markets, Florida has been exclusively retained to arrange the sale of the Avenue Shoppes, a 42,196 square foot, unanchored neighborhood shopping center in Orlando, Florida (the Property). The Property is ideally situated at the southeast corner of South Orange Blossom Trail and West Sand Lake Road along with being a direct outparcel to the Florida Mall, a nationally recognized, top revenue producing shopping mall in the United States. Avenue Shoppes is a strong performing stabilized retail center with 94% occupancy with upside potential. Highlights Avenue Shoppes is a direct outparcel to the Florida Mall, a top performing mall in the US, allowing it to generate increased exposure to the over 20MM visitors that travel to the shopping center destination each year. The Property benefits from approximately 600 feet of frontage on Orange Blossom Trail (US 17-92) a main passageway through the state of Florida, and strong visibility from the Sand Lake Rd intersection. Avenue Shoppes has a strong track record of historical occupancy and ability to promptly re-lease units if they become available. The Orlando tourism industry generated over $75BB in annual economic impact in 2019 and is slated to grow considerably over the coming years Avenue Shoppes is well-positioned to benefit from this tourism as it is located on one of the main arteries that feeds directly into the Universal and iDrive Tourist Districts. Between 2010 and 2020, Floridas population grew by 14.6% which is double the rate of overall US population growth and the third fastest growing market in the United States, outpacing fast-growing metros such as Atlanta, Austin and Tampa. The Central Florida retail market is one of the most prominent in the US, providing an investor a strong performing asset for any portfolio, that will always have an active buyer pool.

Contact

Broker or Owner Contact
John Krzyminski
,
Phone: (407) 930-7275
john.krzyminski@am.jll.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 442
Building Size 42196
Site Size (acres)
Zoning
Year Built 1988
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 0
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.4481129
Longitude -81.4006804
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