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Restaurant Space on Alafaya Trail
For Lease
$42 SF/Yr

448 South Alafaya Trail, Orlando, FL 32828

Turn-key restaurant space with high visibility on Alafaya Trail.

Space Size4,700 SF
Property Size41,000 SF
Days on Market196

Property Features for 448 South Alafaya Trail

General Information

Standard status Active
Size 4,700 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 41,000 SF
Year Built 2006

Spaces For Lease

at 448 South Alafaya Trail Contact us

Unit 5 & 6 $42/SF/Yr

Size
4,700 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Gonzalo Vivanco
Source: Corfac
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 10 at 2:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gonzalo Vivanco

Investment Insights

Based on property information with market context.

This is a 4,700 square foot, two-story, second-generation end-cap restaurant space, formerly a butcher shop. The space includes three walk-in coolers, a walk-in freezer, two offices, and two private restrooms. It is restaurant-ready, with a hood, grease trap, and plumbing already in place. An interior build-out of $1.5 million was completed in 2016. The property is zoned for retail or restaurant use and is ideally sized for a fast-casual or full-service concept. Building facade signage and monument signage are available. The property is positioned with high visibility along Alafaya Trail (37,000 AADT), located within Alafaya Business Center, just south of Waterford Lakes Town Center, a premier open-air shopping center in East Orlando, and just east of Lockheed Martin’s East Orlando Campus, which employs approximately 3,000 people.

Key Highlights

  • Restaurant‑ready: Hood, grease trap, and plumbing in place thanks to a $1.5 Million interior build‑out completed in 2016.
  • 4,700 SF 2‑story 2nd generation end‑cap restaurant, formerly a butcher shop.
  • High‑visibility location along Alafaya Trail (37,000 AADT).

Property Analytics

Current Use

Waterford Lakes Eye ... Physician Stylist Paulo Disdier Hair Salon Skin Glow by ... Hair Salon Vijay Nair, OD Physician DHN Attorneys Law Firm

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Law Firm Daycare Center Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby
325k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 25% Shops & Services 20% Groceries 19% Superstores 16%
BJ's Wholesale Club Superstores
50,741 visits/mo 0.4 miles
Walmart Neighborhood Market Groceries
48,088 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
41,961 visits/mo 0.4 miles
Dollar Tree Shops & Services
33,553 visits/mo 0.4 miles
Goodwill Apparel
23,156 visits/mo 0.4 miles

Demographics for 32828, FL

68,428
Population
25,728
Households
2.7
Avg Household Size
34
Median Age
52%
College-Educated
95%
High-School Grad
20.8 sq mi
ZIP Area
3,290
Density / Sq Mi
$99,927
Median Household Income
$48,828
Median Earnings
$1,830
Median Rent
$403,700
Median Home Value

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Turn-key restaurant space with high visibility on Alafaya Trail.
Where is this restaurant located?
The property is located at 448 South Alafaya Trail Orlando, FL.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: Restaurant‑ready: Hood, grease trap, and plumbing in place thanks to a $1.5 Million interior build‑out completed in 2016.; 4,700 SF 2‑story 2nd generation end‑cap restaurant, formerly a butcher shop.; High‑visibility location along Alafaya Trail (37,000 AADT).
More about this property
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