Retail Space
5449 South Semoran Boulevard Orlando, FL 32822
Details & Description
Price: $22,000,000
    Hoffner Commerce Center provides an excellent opportunity for investors to come in and immediately make rental income. The property provides an excellent opportunity as a value-add investment in a few ways. An investor can (1) come in and convert the current mix of NNN and Gross Leases to all NNN leases and/or (2) lease out the vacant units of around 16.6% of the GLA. The subject property also features vacant land of about 10 acres. The property is located on highly traveled South Semoran Boulevard, just minutes from Orlando International Airport (MCO), providing easy access to users and prominent frontage on a busy road. With the growth this area is seeing from Orlando International Airport (MCO), Lake Nona, and Narcoossee, this property is a developers dream with the multitude of options to build from. Current and future use zoning allow for an Industrial Park with a FAR of up to 0.7.
    Property Highlights
    Listing Agents
    Andrew Jaworski

    O: 407-557-3839
    andrew.jaworski@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5449 South Semoran Boulevard

    Orlando, FL 32822

    Listing ID: 275542
    5449 South Semoran Boulevard Orlando, FL 32822 | for Sale | Photo 1
    Building Size: 93,746 SF
    Lot Size: 10.450 AC
    Land Size: 455,201 SF
    Building $/SF: $234.68
    Land $/SF: $48.33
    Price
    $22,000,000
    Property Highlights
    Excellent Value-Add Opportunity
    Minutes From Orlando International Airport
    Existing Building with Vacant Land Primed For Development
    AADT of 60,000
    Description

    Hoffner Commerce Center provides an excellent opportunity for investors to come in and immediately make rental income. The property provides an excellent opportunity as a value-add investment in a few ways. An investor can (1) come in and convert the current mix of NNN and Gross Leases to all NNN leases and/or (2) lease out the vacant units of around 16.6% of the GLA. The subject property also features vacant land of about 10 acres. The property is located on highly traveled South Semoran Boulevard, just minutes from Orlando International Airport (MCO), providing easy access to users and prominent frontage on a busy road. With the growth this area is seeing from Orlando International Airport (MCO), Lake Nona, and Narcoossee, this property is a developers dream with the multitude of options to build from. Current and future use zoning allow for an Industrial Park with a FAR of up to 0.7.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Orlando History of Retail Space for Sale

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    Orlando Area Market Trends

    Listing Demographics for 5449 South Semoran Boulevard Orlando, FL 32822

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population13,377109,794231,612
    Population Median Age363838
    Population by Age0-9 Yrs1622 (12%)13210 (12%)27085 (11%)
    10-19 Yrs1931 (14%)11825 (10%)25032 (10%)
    20-29 Yrs1839 (13%)16232 (14%)34026 (14%)
    30-39 Yrs1968 (14%)18746 (17%)39544 (17%)
    40-49 Yrs2241 (16%)14139 (12%)30379 (13%)
    50-59 Yrs1559 (11%)14174 (12%)30581 (13%)
    60-69 Yrs1354 (10%)11522 (10%)24423 (10%)
    70+ Yrs864 (6%)9945 (9%)20543 (8%)
    Median HH Income$40,574$48,915$54,036
    Total Household Income< 24K1246 (25%)9222 (22%)16930 (20%)
    25-49K1692 (34%)11576 (28%)22195 (26%)
    50-74K1033 (21%)8124 (19%)16614 (19%)
    75-99K443 (9%)4427 (10%)9978 (11%)
    100-199K348 (7%)5778 (14%)14557 (17%)
    200K+131 (2%)1547 (3%)4219 (4%)
    Highest Education LevelNo Diploma1188851218843
    Diploma or GED30082285746343
    Some College17611447229592
    Assoc. Degree991948018924
    Bachelors Degree13461550335210
    Higher Degree553655315868
    Total Housing Units5,49445,85195,740
    --Owner-Occupied2,28220,82046,973
    --Renter-Occupied2,61019,85337,519
    Owner-Occupied Values< 100K92945147044
    100-199K743648514669
    200-299K448513813248
    300-399K10627016507
    400-499K17282289
    500K+5612553217
    Total Working Age Population10,53488,785187,786
    In Work Force6,76958,450126,137
    Not In Work Force3,76530,33461,649
    Workforce Employed6,32255,625119,832
    Workforce Unemployed4472,7496,153
    Civlian Workforce6,76958,375125,985
    Military Workforce076153
    Total Households4,89340,67484,492
    Family Households3,21425,52353,633
    Non-Family Households1,67915,15030,859
    Married Couple1,69116,25336,070
    Other Family1,5229,27017,564
    Married w/Child6766,17013,935
    Single Male w/Child2021,1382,265
    Single Female w/Child7723,8836,958

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Lake County210,528+41297,052+21360,739+21437,201
    Orange County896,344+281,145,956+241,415,511+201,693,977

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5449 South Semoran Boulevard in Orlando?
    The asking price for 5449 South Semoran Boulevard is $22,000,000
    What is the building size of this Retail property in Orlando, FL?
    The size of the building/unit at 5449 South Semoran Boulevard in Orlando is 93,746 square feet
    How much land does the Orlando, FL property at 5449 South Semoran Boulevard include?
    5449 South Semoran Boulevard in Orlando includes 10.450 acres of land
    What kind of Retail is the propery at 5449 South Semoran Boulevard?
    The property at 5449 South Semoran Boulevard Orlando, FL 32822 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 5449 South Semoran Boulevard in Orlando?
    The population within 1 mile of 5449 South Semoran Boulevard Orlando, FL 32822 is 13,377 people.
    Who do I contact for questions about 5449 South Semoran Boulevard?
    You should contact the listing agent, Andrew Jaworski, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Orlando International Airport (MCO) 4
    Orlando Sanford International Airport (SFB) 21
    Daytona Beach International Airport (DAB) 50