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Mandarin Plaza 5510 W Colonial Dr 37,532 SF 94% Leased Retail Building Orlando, FL 32808 $15,000,000 ($399.66/SF) 5.16% Cap Rate



EXECUTIVE SUMMARY
Affinity Realty, LLC is pleased to present Mandarin Plaza, an exceptional investment opportunity in the heart of Central Florida. Located at 5510 W Colonial Drive, Orlando, FL 32808, Mandarin Plaza offers prominent frontage along State Road 50 (W Colonial Drive) — one of Central Florida’s most heavily traveled commercial corridors. Strategically positioned just off the SR 408 exit, the property provides convenient access to Downtown Orlando and the greater Central Florida region, making it an ideal destination for both local and regional customers.
Mandarin Plaza is located adjacent to Chinatown Orlando, and the recent nearby additions of H Mart and Lotte Plaza Market continue to draw significant traffic and excitement to the area, further enhancing the property’s visibility and consumer appeal. This high-traffic, high-visibility retail center presents a rare opportunity for owner-users and value-add investors alike. The plaza benefits from strong daily traffic counts, excellent signage exposure, and a mix of long-standing tenants, including two non-owner occupants who have operated in the center for over 20 years, reflecting the stability and proven performance of the location.
Mandarin Plaza is located adjacent to Chinatown Orlando, and the recent nearby additions of H Mart and Lotte Plaza Market continue to draw significant traffic and excitement to the area, further enhancing the property’s visibility and consumer appeal. This high-traffic, high-visibility retail center presents a rare opportunity for owner-users and value-add investors alike. The plaza benefits from strong daily traffic counts, excellent signage exposure, and a mix of long-standing tenants, including two non-owner occupants who have operated in the center for over 20 years, reflecting the stability and proven performance of the location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
37,532 SF
Building Class
C
Year Built
1978
Price
$15,000,000
Price Per SF
$399.66
Cap Rate
5.16%
NOI
$774,462
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.20
Lot Size
4.24 AC
Zoning
C-1, County
Parking
150 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
242’ on Colonial Dr
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30-2229-0000-00-030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,284,559 |
PROPERTY TAXES
Parcel Number
30-2229-0000-00-030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,284,559
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Mandarin Plaza | 5510 W Colonial Dr
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