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7500 E Colonial Dr
Orlando, FL 32807
Retail Property For Sale
Investment Highlights
- Sam’s Club Proximity: Sharing an Intersection with one of the Nation’s Leading Wholesalers, this location anchors the surrounding area.
- Strong Investment Fundamentals: 15 mins from Downtown Orlando; Hard Corner Lighted Intersection.
- High Traffic Location: 97,000+ VPD, located on the “going home” side of the road for daily commuters.
- Desirable demographics: 3 mile population: 116,693, Orlando holds the highest growth rate among the 30 largest U.S. metro areas.
Executive Summary
STNL.com is pleased to present for sale this fee simple property occupied by INSA Cannabis Dispensary, located on one of Orlando’s most well-positioned retail corners.
1.Interstate-level traffic: Few intersections in Central Florida experience this level of traffic, with more than 97,000 vehicles passing the property daily.
2.Sam’s Club Shadow: The property shares an intersection with a 144,000-squarefoot Sam’s Club, a major traffic generator that anchors the surrounding retail corridor.
3.Demographics: Within a three-mile radius of the property, there are 116,693 residents with an average household income of $99,393.
4.Real Estate Fundamentals: The 0.79-acre parcel features multiple access points and is located just minutes from Downtown Orlando, with convenient access to two of Central Florida’s busiest thoroughfares: SR417 and SR-408.
1.Interstate-level traffic: Few intersections in Central Florida experience this level of traffic, with more than 97,000 vehicles passing the property daily.
2.Sam’s Club Shadow: The property shares an intersection with a 144,000-squarefoot Sam’s Club, a major traffic generator that anchors the surrounding retail corridor.
3.Demographics: Within a three-mile radius of the property, there are 116,693 residents with an average household income of $99,393.
4.Real Estate Fundamentals: The 0.79-acre parcel features multiple access points and is located just minutes from Downtown Orlando, with convenient access to two of Central Florida’s busiest thoroughfares: SR417 and SR-408.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,831 SF
Building Class
C
Year Built/Renovated
1985/2022
Price
$3,110,000
Price Per SF
$1,098.55
Cap Rate
7.15%
NOI
$222,385
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.79 AC
Zoning
C-1
Parking
26 Spaces (9.18 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 23-2230-1274-00-010 | Improvements Assessment | $795,350 |
| Land Assessment | $866,552 | Total Assessment | $1,661,902 |
Property Taxes
Parcel Number
23-2230-1274-00-010
Land Assessment
$866,552
Improvements Assessment
$795,350
Total Assessment
$1,661,902
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