COUNTY ROAD 419 (CHULUOTA ROAD) & STATE ROAD 50 (COLONIAL DRIVE) | ORANGE COUNTY | ORLANDO, FLORIDA

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LOCATION:

COUNTY ROAD 419 (CHULUOTA ROAD) & STATE ROAD 50 (COLONIAL DRIVE)

ORANGE COUNTY

ORLANDO, FLORIDA

 

DESCRIPTION:

The overall property is 2.85± acres. The site is located just north of the signalized intersection of E. Colonial Drive (SR 50) and Chuluota Road (CR 419) in Orlando, fronting Chuluota Road. The intersection is shared by a McDonalds, Walgreens, a Publix Shopping Center, BP Connect, Tractor Supply, Advance Auto, AutoZone, Burger King, Taco Bell and Dollar General. The Parcel has full access to Chuluota Road.

 

Permitted uses include Bank, Restaurant, Pharmacy, Cellular Store, Dry Cleaners (no processing), Hair Salon, Professional Office, Video Rental and Sales, Travel Agency, Post Office, Child Care Center, Paint& Wallpaper Store, Mail & Packing Store, Retail Bakery, Specialty Food Store, Clothing Store, Bridal Shop, Record Store, Video Store, Office Supplies, Photography Store/Film Processing, Jewelry Store, Gift Shop, Optical Store, Floral Shop, Picture Framing Store, Tailoring, Shoe Repair, Locksmith, Radio and/or TV Repair Shop, Dance Studio and Self Storage Facility (Gas and fast-food with drive thru are not permitted)

 

Lot 1: The northern 1.15± acres is proposed as an 7,000± SF retail center or can be sold as an outparcel.

Lot 2: The southern 1.70± is proposed as an 11,200± SF retail center or can be sold as an outparcel.

 

**Please see Conceptual Site Plan enclosed**

 

 

AVAILABLE:
One (1) Unit Available; [1] 6,000± SF (50'± x 120±)

OUTPARCEL SIZE:
Lot 1: 1.15± Acres
Lot 2: 1.70± Acres

 

UTILITIES: Sanitary Sewer and Potable water are available in the State Road 419 right-of-way. A lift station will be required.

RETENTION: Both sites are benefitted with off-site retention.

 

2013 TRAFFIC COUNTS: AADT per Orange County Traffic Engineering
E. Colonial Drive (SR 50) (0.29 Miles E. of Lake Pickett Road) 50,229 Chuluotta Road (CR 419) 12,970 (S. Lake Pickett Road)

 

RENTAL RATE OF RETAIL SPACE:
$22.50/SF (NNN)

OUTPARCEL PRICE/LEASE RATE:
Lot 1: $500,000; $40,000/Yr. (NNN)
Lot 2: $775,000; $67,500/Yr. (NNN)

 

ACCESS:
The Property will have one (1) shared full access driveway to Chuluota Road, l ocated directly across the street from the Publix Shopping Center's north access point.