OFFERING MEMORANDUM - LoopNet · demographics 1 mile 3 miles 5 miles total population 1,592 61,186...
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First Capital Propert Group, Inc., as exclusive broker, is pleased to offer the opportunity to acquire a former HHGregg Box across from The Florida Mall, a ± 35,395 SF retail building. OFFERING MEMORANDUM ORLANDO, FLORIDA
Transcript of OFFERING MEMORANDUM - LoopNet · demographics 1 mile 3 miles 5 miles total population 1,592 61,186...
First Capital Propert Group, Inc., as exclusive broker, is pleased to offer the opportunity to acquire a former HHGregg Box across from The Florida Mall, a ± 35,395 SF retail building.
OFFERING MEMORANDUM
ORLANDO, FLORIDA
EMPLOYMENT POPULATION
± 72,813 (10 min. radius)
TRAFFIC COUNT58,500 AADT
Orange Blossom Trail
DAYTIMEPOPULATION
± 111,972 (3 mile radius)
35,395 GrossLeaseable SF
Year Built1998
PROPERTY DESCRIPTION
ADDRESS: 8410 S Orange Blossom TrailOrlando, FL 32809
COUNTY: Orange County
ZONING: C-2: Commercial
LAND SIZE: ± 2.37 acres
GROSS USEABLE SF: 33,585 SF
YEAR BUILT: 1998
FRONTAGE: ± 210 feet of frontage on S Orange Blossom Trail± 543 feet of frontage on Morning Dr
HVAC: 12 Units
ROOF: Complete roof replacement May, 2018
SIGNAGE: Building facade & 2 pylons (hard corner & Morning Dr
PARKING: 105 spaces
ACCESS: 2 curbcuts on Morning Dr & Orange Blossom Trail
BUILDING FEATURES: Dock-high door located at rear of building
EXTERIOR WALL: Concrete/cinder block
DEMOGRAPHICS
1 MILE 3 MILES 5 MILESTOTAL POPULATION 1,592 61,186 180,734
DAYTIME POPULATION 20,483 111,972 282,277
MEDIAN AGE 33.1 33.3 34.5
MALE POPULATION 50.7% 50.1% 50.7%
FEMALE POPULATION 49.3% 49.9% 49.3%
TOTAL HOUSEHOLDS 575 20,572 65,163
AVERAGE # OF PERSONS PER HH 2.77 2.96 2.70
AVERAGE HH INCOME $51,463 $50,511 $57,928
AVERAGE HOUSE VALUE $145,833 $142,785 $182,264
TOTAL BUSINESES 887 4,197 9,857
TOTAL EMPLOYEES 14,693 71,483 172,104
TAPESTRY American Dreamers (63%) American Dreamers (40.3%) American Dreamers (25.3%)
Metro Fusion (37%) Metro Fusion (26.1%) Metro Fusion (19.9%)
A M E R I C A N D R E A M E R S M E T R O F U S I O N
Highly diverse residents, often made up of foreign born
Hard work & sacrafice are contributed to thier economic growth
Value new technology & are well versed to using digital platforms/apps
Cautious with their money, spending includes needs & family activities
They commute to work, often having multiple vehicles per household
2/3rds own, 1/3 rent their home; single family homes are most popular
Young married couples with children & grandparents make up this group
Young, diverse market, many of whom do not speak fluent english
Most live in apartment buildings or rent their homes
Single persons & single-parents make up this market
Take pride in their apperance
Value social status
Either save for something specific, or spend on trending items
Shop at discount stores and often eat frozen dinners or fast food
THE NEIGHBORHOOD
±0.6 miles north of SR 528 & ± 0.8 miles north of Florida Turnpike
Located ± 341 ft from access to The Florida Mall
Superior ingrees & egress with 2 curb cuts on Morning Dr & S OBT
Located at signalized intersection of Morning Dr & S Orange Blossom Trail
SURVEY
FLOORPLAN
Contact: Trey GravensteinSales & Leasing Associate
E: [email protected]: 407.872.0209 ext. 119
Contact: Trent Scott, CCIMExecutive Vice President
E: [email protected]: 407.872.0209 ext. 118
ASKING PRICE: $3,900,000 / $116.12 PSF
