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    & I-408 Alafaya Trl Orlando, FL 32828

    For Lease
    Contact for pricing

    Orlando, FL Lifestyle Center: Retail & Restaurant

    Lot size:
    701,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 701,950 square foot retail and restaurant property, located in Orlando's desirable West University submarket at the intersection of N Alafaya Trail & I-408 (zip code 32828), presents a unique investment opportunity. Built in 1999, this 79-acre, grocery-anchored lifestyle center boasts over 3,503 parking spaces and attracts 13.6 million annual visitors. Currently, 11,378 square feet of space is available, divisible into units ranging from 1,575 to 6,675 contiguous square feet. The center enjoys a prime location just three miles south of the University of Central Florida, benefiting from strong demographics within a rapidly growing metro area. High-profile tenants include Super Target, TJ Maxx, Ross Dress for Less, Best Buy, Panera Bread, Bath & Body Works, Lululemon, Nike, Shake Shack, Warby Parker, Sephora, and Tiger Woods' PopStroke, ensuring high visibility and strong foot traffic. This property offers an unparalleled opportunity for businesses seeking a vibrant and established location in one of Florida's most dynamic markets. Orange County location provides access to a large and affluent consumer base. The property's size and tenant mix create a synergistic environment ideal for a variety of retail and restaurant concepts.

    Property Features for & I-408 Alafaya Trl

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    701,950 SF

    Building Details

    Year Built
    1999

    Unit(s) available at that property

    Space
    Suite-86
    Size
    3,128 SF
    Space
    Suite-102
    Size
    1,575 SF
    Space
    Suite-107
    Size
    6,675 SF

    HighLights

    • 701,950 SF retail/restaurant property in Orlando's West University submarket (32828), at N Alafaya Trail & I‑408.
    • 79‑acre, grocery‑anchored lifestyle center built in 1999 with 3,503 parking spaces and 13.6M annual visitors.
    • 11,378 SF of available space, divisible into 1,575‑6,675 SF units.
    • Prime location, three miles south of UCF, in a rapidly growing area with strong demographics.
    • High‑profile tenants include Super Target, TJ Maxx, Ross, Best Buy, and numerous others, ensuring high visibility and traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.2069823
    Latitude
    28.5576013

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    FAQs

    What type of property is this?
    Restaurant - Orlando, FL Lifestyle Center: Retail & Restaurant
    Where is this restaurant located?
    The property is located at & I-408 Alafaya Trl Orlando, FL.
    What are key features of this property?
    This property features: 701,950 SF retail/restaurant property in Orlando's West University submarket (32828), at N Alafaya Trail & I-408.; 79-acre, grocery-anchored lifestyle center built in 1999 with 3,503 parking spaces and 13.6M annual visitors.; 11,378 SF of available space, divisible into 1,575-6,675 SF units.
    Request Owner's contact information
    & I-408 Alafaya Trl Orlando, FL 32828
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    & I-408 Alafaya Trl Orlando, FL 32828
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