Retail Space
1530 East Colonial Drive Orlando, FL 32803
Details & Description
Price: $3,230,000
    Subject property is a 2,642 rentable square foot Starbucks, located just minutes from Downtown Orlando. This is a brand-new location slated for grand opening in early October. The property has a drive-thru and outdoor seating available. Subject is situated on 0.60 acre with great street frontage on the corner of E Colonial Drive and N Ferncreek Avenue.E Colonial Drive benefits from average daily traffic counts of 68,500 vehicles and connects the property to main thoroughfare Interstate-4. Interstate-4 has traffic counts of over 200,000 vehicles daily.Some nearby nationally recognized retail brands include Target, Subway, Publix Super Market, Chick-Fil-A, and much more. Fashion Square Mall and Colonial Plaza Mall are less than two miles from subject.AdventHealth Orlando and the Orlando Executive Airport are in very close proximity as well. Many new and upcoming developments are also just a short drive away. For example, the 68-acre Creative Village is emerging in the heart of Downtown Orlando, just 1.9 miles from the subject property.
    Property ID:    275636
    Property URL: melqr.com/275636
    Generated:    05-04-24
    Property Highlights
    • No Early Termination Right and No Newly Proposed Starbucks Protective Language
    • Brand New 2,642 SF Starbucks Coffee With Drive-Thru and Outdoor Seating
    Listing Agents
    Ray Turchi

    O: 407-557-3847
    ray.turchi@marcusmillichap.com
    David Vaughan
    Marcus and Millichap
    O: 407-557-3829
    david.vaughan@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.
    Retail Space / Florida / Orlando / 32803 / 1530 East Colonial Drive

    1530 East Colonial Drive

    Orlando, FL 32803

    Listing ID: 275636
    Print Single-Page Version
    1530 East Colonial Drive Orlando, FL 32803 | for Sale | Photo 1
    Building Size: 2,642 SF
    Lot Size: 0.600 AC
    Land Size: 26,136 SF
    Building $/SF: $1,222.56
    Land $/SF: $123.58
    Price
    $3,230,000
    Property Highlights
    Brand New 2,642 SF Starbucks Coffee With Drive-Thru and Outdoor Seating
    Grand Opening Slated for Early October
    10 Year NN Lease - Minimal Landlord Responsibilities
    No Early Termination Right and No Newly Proposed Starbucks Protective Language
    Corporate Guarantee From Starbucks Company SP BBB Rating
    Located on a Hard, Signalized Corner in Colonialtown North
    Description

    Subject property is a 2,642 rentable square foot Starbucks, located just minutes from Downtown Orlando. This is a brand-new location slated for grand opening in early October. The property has a drive-thru and outdoor seating available. Subject is situated on 0.60 acre with great street frontage on the corner of E Colonial Drive and N Ferncreek Avenue.

    E Colonial Drive benefits from average daily traffic counts of 68,500 vehicles and connects the property to main thoroughfare Interstate-4. Interstate-4 has traffic counts of over 200,000 vehicles daily.

    Some nearby nationally recognized retail brands include Target, Subway, Publix Super Market, Chick-Fil-A, and much more. Fashion Square Mall and Colonial Plaza Mall are less than two miles from subject.

    AdventHealth Orlando and the Orlando Executive Airport are in very close proximity as well. Many new and upcoming developments are also just a short drive away. For example, the 68-acre Creative Village is emerging in the heart of Downtown Orlando, just 1.9 miles from the subject property.

    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 1530 East Colonial Drive Orlando, FL 32803

    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 Population12,824108,908309,628
    Population Median Age384039
    Population by Age0-9 Yrs851 (6%)10280 (9%)33320 (10%)
    10-19 Yrs503 (3%)9704 (8%)31864 (10%)
    20-29 Yrs3043 (23%)17948 (16%)49900 (16%)
    30-39 Yrs3378 (26%)20553 (18%)52148 (16%)
    40-49 Yrs1703 (13%)14869 (13%)39382 (12%)
    50-59 Yrs1380 (10%)13209 (12%)39548 (12%)
    60-69 Yrs1002 (7%)11770 (10%)33268 (10%)
    70+ Yrs963 (7%)10575 (9%)30198 (9%)
    Median HH Income$73,192$66,556$54,404
    Total Household Income< 24K1132 (17%)9296 (18%)28695 (22%)
    25-49K980 (15%)9493 (19%)29437 (23%)
    50-74K1206 (18%)8755 (17%)22128 (17%)
    75-99K901 (13%)5551 (11%)12717 (10%)
    100-199K1532 (23%)11197 (22%)21898 (17%)
    200K+714 (11%)5387 (10%)10302 (8%)
    Highest Education LevelNo Diploma466560724080
    Diploma or GED15491524754823
    Some College15101203036646
    Assoc. Degree937695822212
    Bachelors Degree40772702754489
    Higher Degree21821665232141
    Total Housing Units7,59958,084145,697
    --Owner-Occupied2,68223,55759,220
    --Renter-Occupied3,78426,12165,956
    Owner-Occupied Values< 100K10510557247
    100-199K390405814659
    200-299K832571313156
    300-399K73946148299
    400-499K31726334548
    500K+298548311310
    Total Working Age Population11,58392,350256,175
    In Work Force9,19665,267170,227
    Not In Work Force2,38727,08485,948
    Workforce Employed8,97662,768160,953
    Workforce Unemployed2022,4159,044
    Civlian Workforce9,17865,182169,997
    Military Workforce1884230
    Total Households6,46649,678125,176
    Family Households2,43522,49466,728
    Non-Family Households4,03027,18558,448
    Married Couple1,94516,49243,005
    Other Family4906,00123,723
    Married w/Child6126,15515,402
    Single Male w/Child597592,559
    Single Female w/Child1592,4829,665

    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
    Seminole County365,196+16422,718+13477,792+12533,481
    Volusia County443,343+12494,593+10544,093+9594,289

    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 1530 East Colonial Drive in Orlando?
    The asking price for 1530 East Colonial Drive is $3,230,000
    What is the building size of this Retail property in Orlando, FL?
    The size of the building/unit at 1530 East Colonial Drive in Orlando is 2,642 square feet
    How much land does the Orlando, FL property at 1530 East Colonial Drive include?
    1530 East Colonial Drive in Orlando includes 0.600 acres of land
    What kind of Retail is the propery at 1530 East Colonial Drive?
    The property at 1530 East Colonial Drive Orlando, FL 32803 is listed as a Food Service Retail property
    What is the population within 1 mile of 1530 East Colonial Drive in Orlando?
    The population within 1 mile of 1530 East Colonial Drive Orlando, FL 32803 is 12,824 people.
    Who do I contact for questions about 1530 East Colonial Drive?
    You should contact the listing agent, Ray Turchi, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Orlando International Airport (MCO) 9
    Orlando Sanford International Airport (SFB) 17
    Daytona Beach International Airport (DAB) 47
    Price
    $3,230,000
    Listing Agent
    Ray Turchi - CRE Agent at

    Ray Turchi

    Marcus & Millichap

    VIEW AGENT PROFILE

    CONTACT AGENT

    Listing Co-Agent
    Ray Turchi - CRE Agent at Marcus and Millichap

    David Vaughan

    Independent Agent
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