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321 E Michigan St 1,580 SF of Retail Space Available in Orlando, FL 32806
Highlights
- Across from major retailers
- Easy access to Interstate 4 (I-4)
- Visible from the Orange Ave Intersection
- High-performing intersection with excellent visibility
- Close proximity to Downtown Orlando (SODO)
- Frontage on Michigan Street
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 321 | 1,580 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $47,400 /YR $3,950 /MO | Triple Net (NNN) |
1st Floor, Ste 321
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,580 SF | Gross Leasable Area | 11,716 SF |
| Property Type | Retail | Year Built | 1958 |
| Total Space Available | 1,580 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,716 SF |
| Year Built | 1958 |
About the Property
PLEASE REFRAIN FROM DISTURBING THE CURRENT TENANT. Gandhi Commercial is pleased to present a premier leasing opportunity in the high-demand South of Downtown Orlando (SODO) district. This well-positioned plaza is in a densely populated, high-traffic area with an Average Daily Traffic (ADT) of 40,500, surrounded by national retailers, restaurants, banks, and medical facilities. Notable nearby businesses include Target, Publix, Walmart, Ross, Chick-fil-A, Mooyah Burger, Domino’s, and Chipotle. The available space, currently occupied by a Dry Cleaning tenant vacating on July 31st, 2026, offers 1580 SF, with its own dedicated front entrance. The potential plan is to renovate to modernize its appeal in the coming 1-2 years. This shopping center offers prime frontage on Michigan Street with excellent visibility from the Michigan Street and Orange Avenue intersection. Serving the Orlando community for decades, this high-traffic location presents a strong opportunity for businesses looking to establish or expand in one of the fastest-growing cities in the U.S. Approximate Distance from Nearby Apartments:- -Lofts at: 0.3 miles -Cortland on Orange: 0.5 miles -Lake Spring Haven Apartments: 1.5 miles -Celano Apartment: 1.9 miles -Lucerne Gardens Apartments: 1.9 miles -Cloverdale Apartments: 2 miles If interested, please get in touch with the listing agent for more information and schedule a viewing. PLEASE REFRAIN FROM DISTURBING THE CURRENT TENANT.
Nearby Major Retailers
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321 E Michigan St
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