Best Buy Outlet | Orlando MSA
9537 W Colonial Dr,
Ocoee,
FL 34761
Marcus and Millichap is pleased to present the opportunity to acquire an absolute net leased Best Buy at the West Oaks Town Center, Ocoee, FL. Best Buy is a BBB+ credit rated, long-term tenant. Built in 2000, the property offers 46,112 square feet of space on a 4.03-acre lot, with 291 feet of prime frontage along West Colonial Drive. Its in a high-visibility, high-traffic area that draws over 52,000 vehicles per day. The site is well-equipped with two exterior loading docks and 191 surface parking spaces, providing convenience for shoppers. Best Buy recently renewed their lease for an additional five years, offering a reliable net operating income of $589,200 annually, with one option for another five-year extension. Located within the thriving Orlando MSA, this property is part of a vibrant retail corridor with nearby national brands, making it a high-demand investment. The area is surrounded by strong demographics, with over 233,000 residents within five miles and a median household income of more than $63,000. Additionally, the growing population and large daytime workforce in the surrounding area make this property a standout opportunity for investors.
Contact
Broker or Owner Contact
Salim
Valiani
Marcus & Millichap
,
Phone: 4075573822
salim.valiani@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 |
865aac33-0701-441f-b016-32a99388d0fd |
Building Size |
50215 |
Site Size (acres) |
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Zoning |
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Year Built |
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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 |
10750000 |
For Lease |
no |
Lease Type |
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Lease Cost |
0 |
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Geographic and Infrastructure
Latitude |
28.5523543 |
Longitude |
-81.519912 |
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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contiguous |
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saleprice |
10750000 |
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