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HIGHLIGHTS
- Heavy daytime traffic located in the heart of the Milk District
- Ample parking, first come, first serve
- End Cap unit
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 75-79 | 800-1,600 SF | 2-3 Years | $24.00 /SF/YR $2.00 /SF/MO $38,400 /YR $3,200 /MO | Triple Net (NNN) |
51 N Bumby Ave - 1st Floor - Ste 75-79
Landlord will offer 2 month's abatement period for tenant renovations.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Private Restrooms
- Corner Space
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.
SELECT TENANTS AT BUMBY PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Retro Records
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- 1
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| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Retro Records | - | 1 | - |
PROPERTY FACTS
ABOUT THE PROPERTY
eXp Commercial is proud to exclusively offer these two units for LEASE in the highly sought after location in the heart of the Milk District. With 178 feet of frontage to N Bumby Ave, the new tenant can expect an AADT flow of 7,800 and a ton of foot traffic as potential new neighbors to Pom Pom's Teahouse. This property sits just East of Downtown Orlando, less than 2 miles away from SR 408, Colonial Dr, and E Robinson St. The Milk District has a vibrant retail and hospitality industry. The units are surrounded by several restaurants and bars, shops, downtown neighborhoods, as well as various healthcare specialties. The region also boasts multiple law firms and accounting offices nearby. The property is vacant and features an open floor plan suitable for retail or can be easily demised with multiple private offices for office use. There is currently one break room, two bathrooms, a private office, and mostly open space. It is ready for immediate occupancy with a wide range of professional office uses. It is also ideal and approved for restaurant, service use, and various retail concepts!
NEARBY MAJOR RETAILERS
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Bumby Plaza | 51 N Bumby Ave
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