For Sale: Towne Square | Anchor WALT Exceeding 10 Years | $112K AHHI | 1,650 New Residential Units | 3.2% CAGR | Orlando MSA

11029 W Colonial Dr, Ocoee, FL 34761

Description Colliers, as exclusive broker, is pleased to present the opportunity to acquire Towne Square (the Property), an Old Time Pottery anchored center located in Orlandos infill, fast-growing submarket of Ocoee, Florida with average household incomes exceeding $112,000. The Property is conveniently located along West Colonial Drive (45,500 VPD), Central Floridas main east-west corridor, with over 1,650 residential units recently completed, planned, or under construction within 3 miles. Towne Square is highlighted by strong anchor WALT (10+ years), below market anchor and shop rents with very few renewal options remaining, tremendous leasing activity, and the potential to develop an outparcel pad site. Highlights Infill, Upward-Trending Ocoee & Winter Garden Submarket in Orlando MSA Strong Anchor WALT Highlighted by Recent Anchor Extension Tremendous Opportunity to Grow NOI, Add Outparcel Excellent Property Fundamentals & Investment Basis

Contact

Broker or Owner Contact
Whitaker Leonhardt
,
Phone: (407) 362-6132
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 971
Building Size 126374
Site Size (acres)
Zoning
Year Built
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 28.5534651
Longitude -81.5430808
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