6308 W Colonial Dr - Freestanding FOR SALE


Orlando, FL 32818- West Oaks
$5,950,000 USD
954-820-7455
6308 W Colonial Dr, Orlando, FL for Sale
$5,950,000 USD
Freestanding - FOR SALE
1/12
null | 7.57% Cap Rate

6308 W Colonial Dr
Orlando, FL 32818
West Oaks


HIGHLIGHTS

  • Prime Location & Visibility • Frontage on W Colonial Drive with 50,000+ VPD • Strong visibility and signage exposure
  • Central Orlando corridor with major commuter traffic • Access from both Colonial Drive and Powers Drive
  • Dense & Established Trade Area • Close to Walmart, Sam’s Club, Harbor Freight, McDonald’s, Advance Auto, and more
  • High residential density and strong daytime population • Proven retail corridor with steady demand
  • Attractive Asset Features • Well-maintained multi-tenant retail center with Stable occupancy with a diverse tenant mix
  • Value-Add Opportunity • Below-market rents with clear mark-to-market upside through renewals and new leasing

OVERVIEW

Franklin Street is pleased to offer Power Plaza, a multi-tenant retail center located at 6308 W Colonial Drive in Orlando. The property fronts W Colonial Drive, a primary east-west commercial corridor with strong visibility and consistent traffic counts. The surrounding trade area is supported by a concentration of national retailers including Walmart, Sam’s Club, Harbor Freight, McDonald’s, and Advance Auto Parts, which contribute to steady consumer traffic along the corridor. Power Plaza is 100% occupied with a diverse tenant mix and a history of strong occupancy. Several tenants are in place at rents below current market levels, providing in-place cash flow with the opportunity for rental growth through lease roll. The center has been well maintained and benefits from its infill location within an established retail corridor that continues to demonstrate consistent tenant demand.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$689 USD /SF

CAP RATE

7.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Power Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

C-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dylan MorseFranklin StreetMore Info
954-820-7455

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Dylan MorseFranklin StreetMore Info
954-820-7455

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