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%
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
1,34
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2,83
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2,132 SF
2,15
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Suite 106 Suite 105 Suite 101
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Site Plan
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
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www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
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www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
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Competition Maps
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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.
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
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
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.”
SITE
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.
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