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Restaurant-Ready Retail Suite

485 N Alafaya Trail, Orlando, FL 32828

For Lease
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Inline space in a shopping center anchored by national retailers and a cinema.

Space Size1,868 SF
Days on Market8

Property Features for 485 N Alafaya Trail

General Information

Standard status Active
Size 1,868 SF
Net Rentable 1,868 SF
Property subtype Retail

Space & Availability

Available Space 1,868 SF
Contiguous Space 1,868 SF

Spaces For Lease

at 485 N Alafaya Trail
#00064 Active
Size 1,868 SF
Contact us
Listing Agency: Kimco Realty Corporation
Listed By: Katie Wycoff · License #NY
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 3:24PM

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 Kimco Realty Corporation

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Investment Insights

Based on property information with market context.

Suite 00064 is an 1,868-square-foot inline retail space at Waterford Lakes Town Center in Orlando. The space was previously used as a restaurant.

The shopping center is anchored by Target, Best Buy, Barnes & Noble, Macy's, Marshalls, Ross Dress for Less and Regal Cinemas. The property is located at 485 N Alafaya Trail.

Key Highlights

  • 1,868 SF inline retail suite, Suite 00064
  • Previously used as a restaurant
  • Shopping center anchored by Target, Best Buy, Barnes & Noble, Macy's, Marshalls, Ross Dress for Less and Regal Cinemas

Property Analytics

Current Use

Crocs at Waterford Lakes Clothing & Fashion Store Raining Berries Waterford ... Cafe & Coffee Shop Pandora Jewelry (Bike/Boat/Book/etc) Store Amy's Hallmark Shop (Bike/Boat/Book/etc) Store Gifts & More at The Paper ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

1,321
Businesses Nearby
1.1M
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 40% Superstores 19% Dining 13% Shops & Services 9%
Target Superstores
208,803 visits/mo 0.2 miles
T.J. Maxx Apparel
102,941 visits/mo 0.3 miles
Regal Waterford Lakes IMAX & 4DX Leisure
66,137 visits/mo 0.3 miles
Ross Dress for Less Apparel
64,448 visits/mo 0.3 miles
Best Buy Electronics
60,021 visits/mo 0.2 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

Lease Benchmarks for Orlando, FL

$31.92 /SF/Yr
Avg Asking Price
$13.71–$60.55 /SF/Yr
Price Range
7,693 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Orlando, FL

$37.76 Jul
$26.93 Aug
$28.85 Sep
$32.47 Oct

Properties on Market for Retail space in Orlando

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Inline space in a shopping center anchored by national retailers and a cinema.
Where is this retail space located?
The property is located at 485 N Alafaya Trail Orlando, FL.
What are key features of this property?
This property features: 1,868 SF inline retail suite, Suite 00064; Previously used as a restaurant; Shopping center anchored by Target, Best Buy, Barnes & Noble, Macy's, Marshalls, Ross Dress for Less and Regal Cinemas
(954) 938-2599 Call to check price and availability
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