821-831 S Sr-434
Altamonte Springs, FL 32714
Gateway Commons · Retail Property For Sale

SRS Investment Properties Group, as exclusive broker, is pleased to offer Gateway Commons - a 9,598± square foot strip center located in Altamonte Springs, Florida (Orlando MSA). Gateway Commons is characterized by a quality mix of internet-resistant tenants which count Amscot, Jimmy John’s, Deko Nail Lounge and Quickly Café, comprising 100% of the GLA. Amscot, as one of the original tenants, has occupied its space since 2002. Two out of the three existing tenants at Gateway Commons have occupied their spaces for over five years. The Property is advantageously positioned just north of the major intersection of State Route 434 and Maitland Blvd with 51,000 VPD and immediate proximity to Florida’s Turnpike. The Property serves as an outparcel to Gateway Crossing, an institutionally-owned Publix-anchored center which also includes UPS, Anytime Fitness, Tropical Smoothie Café, and various service oriented retailers. Additionally, Seminole State College’s campus is located directly across the street from the Property. Gateway Commons is situated in Altamonte Springs, roughly 10 miles north of Downtown Orlando, within the Orlando- Kissimmee-Sanford, FL MSA. It is positioned immediately adjacent to Adventist Health System’s corporate headquarters campus which consists of roughly 1 million square feet, accommodating over 2,000 employees. Adventist Health System is one of the largest faith-based health systems in the country with 47 hospitals in nine states. With one of the lowest tax rates in Florida, Altamonte Springs has become one of the most sought after Orlando-area communities in which to live, work and raise a family. Known as the “Theme Park Capital of the World”, Orlando is one of the premier tourist destinations in the world, drawing 66 million visitors annually to Walt Disney World, Universal Studios Florida, SeaWorld, Epcot, Islands of Adventure, Blizzard Beach, Gatorland, Wet ‘n Wild, Harry Potter World, the Orange County Convention Center and much more. The economic impact of Orlando’s tourism industry reaches roughly $30 billion annually. In addition to an obviously booming tourism industry, Orlando is home to a significant high tech industry which accounts for $13.4 billion and employs 53,000 people. The city is home to a nationally recognized cluster of innovation in digital media, agricultural technology, aviation, aerospace and software design. More than 150 international companies, representing 20 different countries, have facilities in Orlando. Orlando is also home to the 7th largest research park in the nation, Central Florida Research Park, which accommodates major locations for companies like Lockheed-Martin, General Dynamics, Siemens, Mitsubishi Power Systems, Boeing and more. The U.S. military also calls the park home, using it as a hub for its simulation and training programs.