This Property is no longer advertised on Showcase.com.
Off Market
1/7

10376 E Colonial Dr
Orlando, FL 32817


HIGHLIGHTS

  • Corner of SR-50 (E Colonial Dr) and Culver Rd.
  • Direct frontage on busy highway SR-50 (57,250 CPD - 2022)
  • Recently redeveloped, long-established shopping center anchored by Rent-A-Center, Napa Auto, Dunkin
  • Densely and highly populated, middle-income market with intense synergy of retail, restaurants, and services
  • Less than 3 miles from UCF & Valencia College
  • Ample parking and excellent ingress/egress

OVERVIEW

Space available in shopping center anchored by Rent-A-Center, Napa Auto Parts, Dunkin’ and Take 5 Car Wash in a densely populated, middle-income market on E Colonial Dr (Hwy 50). America's 2nd largest university, the University of Central Florida, is 3 mi north, and the main campus of Florida's largest college, Valencia College, is 1 mi south, while Waterford Lakes Shopping District is 2 mi to the southeast. About 10,000 residents live within 1 mile of the plaza, 110,000 residents are within 3 miles and 280,000 reside within 5 miles. The portion of E Colonial Dr in front of the plaza sees over 57,000 CPD and was significantly widened in 2017 to accommodate the surge in traffic. The plaza was renovated in 2016 with a completely new façade and three high towers making the center highly visible from the main road. Parking lot was repaved in 2016 and all new light poles were installed in the center, along with other improvements. The current tenant mix is dynamic and includes the local favorite Chubby's Restaurant (running some 25 years), a long-established dollar store with distinct offerings, barbershop and salons, highly successful Asian and Mexican restaurants and nearly a dozen businesses. The property underwent a major renovation in 2016-2018, including a new facade and towers for the retail center, a new outparcel building anchored by Dunkin' Donuts, a new pylon sign, the re-pavement of the parking lot, among other improvements. Location: The property's location on "Orlando's Beltway" (E. Colonial Drive/SR-50), and in between the major north/south thoroughfares of Dean Road and Rouse Road places Reedy Plaza in the middle of a diverse and bustling trade area. SR-50 has been recently expanded from a four-lane highway to six-lanes with bike paths and renovated sidewalks to accommodate the surge in traffic. Currently, an average of 57,250 cars per day (CPD) travel on the portion of SR-50 directly in front of Reedy Plaza, while traffic on Dean Rd north of SR-50 is 22,372 CPD and Dean Rd south of SR-50 is 21,471 CPD. Reedy Plaza is situated in a constantly expanding retail, restaurant and services zone. Directly across from Reedy is Aldi's Supermarket, Harbor Freight, Dollar Tree, Aaron's and DD's Discounts. Also across from Reedy Plaza is McDonald's, Firehouse Subs, KFC, Dollar General, Bravo Supermarket and an O'Reilly's Auto Parts center, while adjacent to the west is Pep Boys. Walmart SuperCenter and At Home are both within walking distance of the property. And 1 mile to the east is the Waterford Lakes shopping district.

FOR LEASE DETAILS

PRICE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Reedy Plaza

PROPERTY TYPE

-

TOTAL BUILDING SIZE

31692

STORIES

-

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

117

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

17-2231-0000-00-036