5068 W COLONIAL DRIVE #15, Orlando, FL 32808
Reinforced concrete construction and a flexible interior make this property well-suited for retail, office, or medical uses on a major corridor.
- Added:
- Jun 9, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 13 at 4:00 am
Property Features for 5068 W COLONIAL DRIVE #15
General Information
- Standard status
- Active
- Size
- 10,555 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1989
Listing agent QINGHE MENG
Listing office AAA GLOBAL VENTURES PA (407) 717-5232
Listing date Jun 9, 2026
Source Corcoran
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 AAA GLOBAL VENTURES PA
HighLights
- 1989‑built approx. 10,555 SF reinforced concrete commercial building with roof‑to‑structure reinforced concrete construction
- Flexible interior floor plan supports a range of permitted uses including restaurant, retail, medical, education, fitness, entertainment, cultural, professional office, showroom, and corporate headquarters
- Located adjacent to Enson Market on W Colonial Drive (SR 50), a highly traveled Central Florida commercial corridor
- Easy access to I‑4 and SR 408 and just minutes from Downtown Orlando
Overview
The building is positioned adjacent to Enson Market along W Colonial Drive (SR 50), a highly traveled Central Florida commercial corridor. The setting places the property in a dense, established business area, with convenient access to Downtown Orlando and regional transportation connections including I-4 and SR 408.
For tenants, this asset offers a substantial, durable platform for businesses that need a versatile interior and a ground-level commercial presence along a major route. For owner-occupants, the property supports both storefront and professional service concepts within one building. For investors or operators evaluating larger commercial formats, the combination of reinforced construction and adaptable space can support multiple business strategies, depending on the intended use and operating plan.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $306.5k | $29.04 |
| − Vacancy | −$10.4k | −$0.99 |
| EGI | $296.1k | $28.05 |
| − OpEx | −$88.8k | −$8.42 |
| NOI | $207.3k | $19.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.4496201
- Latitude
- 28.5512376