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11029 W Colonial Dr
Ocoee, FL 34761
Towne Square Shopping Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
126,374 SF
Building Class
C
Year Built/Renovated
1986/1990
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
14.80 AC
Zoning
C-3 - Regional Commercial

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 11029 W COLONIAL DR , OCOEE, FL 34761

Marcus & Millichap is pleased to offer fee simple | free and clear Towne Square Shopping Center with 126,374 rentable square feet in Ocoee, Florida. Towne Square is fully-occupied. Old Time Pottery anchors the shopping center situated on 14.76 acres fronting West Colonial Drive (SR 50), a primary growth corridor for the city of Ocoee. Old Time Pottery has two and a half years remaining in current term and offers an additional five-year renewal option with a seven percent rent increase. Arby’s and McDonald’s are not included in sale but pay annual CAM. Towne Square offers its tenants and visitors ample open parking with 450 spaces, entrance/exit accessibility from Maguire Road and Colonial Drive (SR 50), and the benefit of a hard-signalized corner featuring a Mobil service station. Colonial Drive and Maguire Road have exposure to 64,000 vehicles daily. Property has quick access to major thoroughfares such as FL-429 and FL-408 Expressways and Florida’s Turnpike. Located in the bustling tri-town region of Ocoee – Winter Garden – Windermere in high growth West Orange County, Florida within the Orlando MSA, just 10 miles west of Downtown Orlando. Towne Square is approximately one mile from Orlando Health – Health Central Hospital, the main medical facility in the area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-2228-9652-00-040
Land Assessment
$8,727,375
Improvements Assessment
$3,333,501
Total Assessment
$12,060,876
  • Listing ID: 17764974

  • Date on Market: 11/19/2019

  • Last Updated:

  • Address: 11029 W Colonial Dr, Ocoee, FL 34761

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