2708-2744 S Chickasaw Trl - Storefront FOR SALE


Orlando, FL 32829- Chickasaw
$4,705,000 USD
407-929-1355
2708-2744 S Chickasaw Trl, Orlando, FL for Sale
$4,705,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

2708-2744 S Chickasaw Trl
Orlando, FL 32829
Chickasaw


HIGHLIGHTS

  • Significant Value-Add Through Lease-Up: The retail center is currently 81.74% occupied, providing immediate upside through lease-up
  • Attractive Pro Forma Cap Rate: The property offers a projected 7.78% pro forma cap rate
  • Additional 4.23-Acre Commercial Parcel Included: The offering includes a substantial 4.23-acre parcel directly behind the retail center
  • Significant Below-Market Rent Opportunity: Current net rents average approx. $14.85 PSF, compared to overall market rents of $31.22 PSF
  • Tight Retail Market Fundamentals: The property benefits from a highly occupied retail submarket with a current vacancy rate of just 2.3%
  • 6.28-Acre Combined Offering: Together, the existing retail center and adjacent land comprise approximately 6.28 acres

OVERVIEW

Marcus & Millichap’s TC Retail Group is pleased to present a one-of-a-kind opportunity to acquire a multi-tenant retail center positioned directly at the signalized intersection of South Chickasaw Trail and Curry Ford Road, together with an adjacent 4.23-acre parcel zoned P-D (Planned Development). Located at 2708 S Chickasaw Trail in East Orlando, the offering includes a 13,776-square-foot retail center on approximately 2.05 acres and a combined site area of approximately 6.28 acres. The center is currently 81.74% occupied, providing immediate value-add potential through the lease-up of the remaining vacant suites, while the additional land offers flexibility for future development, expansion, or long-term appreciation. Current net rents average approximately $14.85 per square foot, significantly below overall market rents of $31.22 per square foot according to CoStar. This substantial rent differential creates meaningful long-term upside as leases renew, spaces are repositioned, and vacant suites are leased at higher rental rates. Several tenants also have 3% to 4% annual rent increases, supporting continued revenue growth. The surrounding retail submarket maintains a low vacancy rate of just 2.3% according to CoStar, further supporting tenant demand and the potential for successful lease-up. The property benefits from approximately 42,700 vehicles per day at the intersection of South Chickasaw Trail and Curry Ford Road, providing strong visibility, convenient access, and consistent exposure to surrounding residents and commuters. The site is located near established residential communities, Valencia College, UCF, and numerous national retailers and service providers, reinforcing the strength of the surrounding East Orlando trade area.

FOR SALE DETAILS

PRICE

$4,705,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoppes at Chickasaw

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

76

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,783 SF

ZONING

P-D

APN/PARCEL ID

12-2330-1225-02-000

ASK ABOUT THIS PROPERTY

Tarek ChbeirMarcus & MillichapMore Info
407-929-1355

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Tarek ChbeirMarcus & MillichapMore Info
407-929-1355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.