For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

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This offer is subject to errors, omissions, prior sale or withdrawal without notice. BISHOP BEALE DUNCAN 250 N. Orange Ave., Ste. 1500 Orlando, FL 32801 + (407) 426.7702 www.BBDRE.com Located on the Signalized Hard Corner of East Colonial Drive and Magnolia Avenue Ideal for a Fast Food/Coffee User, Bank or Pharmacy 2,700 Multifamily Units Within 3 Blocks & Over 1,500 Hotel Rooms Within 2 Miles 65,200 Total Daily Traffic Count Click Here for a Live Feed of the Construction Site DRIVE-THRU END CAP AVAILABLE 107 Hillcrest Street Orlando, Florida 32803 For Lease + Available SF: 1,344 - 8,467 SF + Restaurant: 2,832 SF (w/Drive-Thru) + 2nd & 3rd FL: Self Storage + Delivery: Q4 2019 + Frontage: 215’ on E. Hwy 50 Highlights LIBERTY CORNER Radius Population Med. HH Income Employees 1-Mile 17,385 $65,022 48,551 2-Mile 50,262 $66,745 146,849 3-Mile 93,788 $65,451 187,289 JILL ROSE VP of Retail Services (407) 734.7204 [email protected] JP BEAULIEU, CCIM, CLS Director of Retail Services (407) 734.7201 [email protected] City officials expect an almost downtown population jump in the next half-decade. JACK WITTHAUS ORLANDO BUSINESS JOURNAL 10%

Transcript of For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

Page 1: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

This offer is subject to errors, omissions, prior sale or withdrawal without notice.

BISHOP BEALE DUNCAN250 N. Orange Ave., Ste. 1500

Orlando, FL 32801 + (407) 426.7702

www.BBDRE.com

• Located on the Signalized Hard Corner of East Colonial Drive and Magnolia Avenue

• Ideal for a Fast Food/Coffee User, Bank or Pharmacy

• 2,700 Multifamily Units Within 3 Blocks & Over 1,500 Hotel Rooms Within 2 Miles

• 65,200 Total Daily Traffic Count

• Click Here for a Live Feed of the Construction Site

DRIVE-THRU END CAP AVAILABLE

107 Hillcrest Street Orlando, Florida 32803

For Lease+ Available SF: 1,344 - 8,467 SF+ Restaurant: 2,832 SF

(w/Drive-Thru)+ 2nd & 3rd FL: Self Storage+ Delivery: Q4 2019+ Frontage: 215’ on E. Hwy 50

Highlights

LIBERTY CORNER

Radius Population Med. HH Income Employees

1-Mile 17,385 $65,022 48,551

2-Mile 50,262 $66,745 146,849

3-Mile 93,788 $65,451 187,289

JILL ROSE VP of Retail Services (407) 734.7204 [email protected]

JP BEAULIEU, CCIM, CLS Director of Retail Services(407) 734.7201 [email protected]

City officials expect an almost downtown population jump in the next half-decade.

JACK WITTHAUSORLANDO BUSINESS JOURNAL

10%

Page 2: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801

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Page 3: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801

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Page 4: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801

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Downtown Points of Interest Map

Page 5: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801

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Page 6: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801

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Existing Multi-Family Units Type

20 Post Parkside 258 Apt.

21 Sanctuary 173 Condo

22 Star Tower 100 Condo

23 Thornton Park Central 49 Condo

24 Waverly 230 Condo

26 Camden Orange Court 268 Apt.

27 NORA 246 Apt.

28 Park North 303 Condo

29 Skyhouse Orlando 320 Apt.

30 SteelHouse 330 Apt.

31 Camden North Quarter 333 Apt.

32 Uptown Place/Echelon 244 Apt.

37 Lofts at SoDo 308 Apt.

38 The Mark at Sodo 258 Apt.

39 Veridian on Bumby 200 Apt.

40 Lakeside at Delaney Park 90 Apt.

41 530 East Central 91 Condo

42 Baptist Terrace 197 Apt.

43 Callahan Oaks 40 Apt.

44 Griffin Park 172 Apt.

45 Jackson Court 58 Apt.

46 Kinnerit I & II 280 Apt.

47 Lucerne Oaks 39 Condo

48 Magnolia Towers 156 Apt.

49 Orlando Cloisters 102 Apt.

50 Orlando Lutheran Towers 304 Apt.

Existing Multi-Family Units Type

1 55 West 461 Apt.

2 Aspire 164 Apt.

3 CityView 266 Apt.

4 Crescent Central Station 279 Apt.

5 Grande 364 Condo

6 Lexington Court 108 Apt.

7 Metropolitan 150 Condo

8 Modera Central 350 Apt.

9 Solaire at the Plaza 305 Condo

10 The Vue at Lake Eola 375 Condo

12 Lake Lucerne Towers 157 Apt.

13 101 Eola 152 Condo

14 Camden TP 299 Apt.

16 Brownstones at Thornton Park 28 Condo

17 Eola South 23 Condo

18 Jackson 55 Condo

19 Paramount on Lake Eola 313 Apt.

Under Construction Units Type

11 XOrlando (Proposed) 867 Apt.

15 The 520 364 Apt.

33 333 N Rosalind 389 Apt.

34 Irving on Park 21 T.H.

35 Amelia Court 256 Apt.

55 Creative Village M 390 Apt.

56 Creative Village U 292 Apt.

57 Crea. Village Union West 640 Student Hs.

58 Magnolia Mixed-Use 40 Apt.

59 Orange & Robinson 325 Apt.

60 Parramore Oaks 221 Apt.

61 Zoi House Orlando 300 Apt.

Total Existing Units 9,934

Total Under Construction 4,105

TOTAL 14,039

Multi-Story Residential Units

Existing Multi-Family Units Type

51 Orl. Luth. Twrs/Windsor Place 107 Apt.

52 Osceola Brownstones 26 T.H.

53 Park Lake Towers 165 Condo

54 Westminster Towers 264 Apt.

62 Novel Lucerne 374 Apt.

Page 7: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801

College Park

IvanhoeVillage

NorthQuarter

ColonialtownNorth

AudubonPark

Baldwin Park

DowntownCBD

LakeEola

HeightsMilk District

ThorntonPark

SoDo

Delaney Park/Lake Como

Orlando’s Submarkets

Neighborhood Population Average HH Income

College Park 10,979 $124,975

Ivanhoe Village 1,711 $83,394

North Quarter 2,546 $87,895

Downtown CBD 8,982 $85,932

SoDo 3,087 $67,603

Delaney/Lake Como 9,228 $82,009

Thornton Park 870 $143,071

Lake Eola Heights 2,599 $126,073

Milk District 1,482 $66,459

Audobon Park 3,862 $80,955

Colonialtown North 3,097 $64,357

Baldwin Park 8,855 $126,515

TOTALS 57,298 $94,936

Page 8: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801

UCF Downtown-Creative Village

150,000 SFRetail/Commercial Space

1.2 Million SFOffice / Creative Space

1,500Residential Units & Student Housing Beds

225Hotel Rooms

750,000 SFHigher Education Space

Project Overview

Conceptual Master Land Use Plan

Phase I Development Pipeline Proposed Projects

Existing Community Assets Future Development Opportunity

Page 9: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801

HIGHWAY 50 PEDESTRIAN OVERPASS BRIDGE

The quarter-mile pedestrian bridge crosses the Colonial Drive area just east of Interstate 4, before reaching North Orange Avenue. City officials have said the bridge will “help provide a safe connection from the Downtown core to the north, providing critical links between the Orlando Urban Trail and Gertrude’s Walk, SunRail and LYNX Central Station.”

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Orlando’s North Quarter

NORTH QUARTER DISTRICT

Apartment Units & Condos1,800Hotel Keys1,000Square Feet of Professional Office700K

The North Quarter District has a mix of medium to high intensity office and employment plus residential dwellings creating a self-sustaining neighborhood.

HEALTH VILLAGE

Health Village, which houses Advent Health’s main campus with almost 12,000 employees, and Orlando’s Cultural Corridor, which includes the Orlando Science Center, the Orlando Museum of Art, the Mennello Museum of American Art, the Orlando Ballet, the Orlando Shakespeare Theatre and Loch Haven Park lie just a short walk or bike north of the site.

Page 10: For Lease - LoopNet · 1,344 SF 2,832 SF 2,132 SF 2,159 SF Suite 106 Suite 105 Suite 101 Suite 107

www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801

A record-breaking

72 MILLION tourists traveled to Central Florida in 2017, making it the first market to pass 70 million visitors in one year.

Downtown Orlando Snapshot

185Business LicensesIssued In 2019

80,047Total JobsDowntown

$70,808Average SalaryDowntown

17,870Estimated Population 2019

37.8Average Age

$74,682AverageHousehold Income

$206,966Median HomeValue 2019

52.4%Bachelors Degreeor Higher

Downtown Demographics

About Downtown

+ In 2019, Forbes Named Orlando the Best Market for Real Estate

+ $5.4 Billion in Total Developmental Investments

+ Downtown Spans more than 300 Blocks and a Total of 1,664 Acres

Downtown Residential

+ 13,054 Residential Units Downtown + 93.1% Apartment Occupancy Rate + $1,771 Average Rental Rate + 3,345 Proposed Residential Units with

2,157 In-Progress

Downtown Office

+ 11,047,132 Rentable Square Feet + 91.9% Office Occupancy Rate + $23.23 Per SF Average Office Rental Rate

Downtown Retail

+ 1,200,298 Rentable Square Feet + 93.4% Retail Occupancy Rate + $23.83 Per SF Average Retail Rental Rate