Your email has been sent.
Vineland Galleria NWC Lake Street & Regency Village Dr 2,000 - 100,000 SF of Retail Space Available in Orlando, FL 32821
HIGHLIGHTS
- Approved Land Use Plan by Orange County
- Phase 1 Environmental Assessment
- Geo-technical Report
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000-100,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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 | 100,000 SF | Gross Leasable Area | 100,000 SF |
| Min. Divisible | 2,000 SF | Year Built | 2026 |
| Property Type | Retail | Construction Status | Proposed |
| Total Space Available | 100,000 SF |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 100,000 SF |
| Year Built | 2026 |
| Construction Status | Proposed |
ABOUT THE PROPERTY
With more than 75 million visitors traveling to Orlando in 2023, this market is the most visited tourist destination in the United States. It is also the second largest hotel market in the U.S. with 538 properties and over 130,000 hotel rooms according to Smith Travel Research (STR). The Orlando market is comprised of 7 submarkets, the largest of which are located within the Tourist Corridor. The International Drive market is the largest with 147 properties and 46,320 rooms, followed by the Lake Buena Vista submarket, which includes Walt Disney Resort with 62 properties and 38,743 rooms. In 2023, Orlando hotels finished the year with an impressive revenue per available room (RevPAR) gain of 9% for Select and Luxury Hotels. This increase in RevPAR was well ahead of the national average of 2%. It is worth noting that in terms of RevPAR growth, both lower and upper priced segments also exceed the growth figures attained at the national level. Orlando’s higher priced properties outperformed lower priced properties in terms of RevPAR growth with Full Service Hotels leading the way at an astounding 21% increase in 2023. The Orlando market continued to post strong gains in 2023 and ranked 3rd in the US for RevPAR growth for the trialing 12 months, ending in March 2024, with an impressive 8.3% increase.
NEARBY MAJOR RETAILERS
Presented by
Vineland Galleria | NWC Lake Street & Regency Village Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.