Retail Space
641 North Alafaya Trail Orlando, FL 32828
Details & Description
Price: $6,830,000
    Property Highlights
     Strong Historical Unit-Level Sales Track Record at this Location with a Healthy Rent to Sales Ratio
     Strong Rental Increases - 15 Every 5 Years With the Next Bump Approaching in 2022
    Additional Photos
    Listing Agents
    James Medefind

    O: 813-387-4788
    james.medefind@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.

    641 North Alafaya Trail

    Orlando, FL 32828

    No Longer Listed
    • 641 North Alafaya Trail Orlando, FL 32828 | for Sale | Photo 1
    • 641 North Alafaya Trail Orlando, FL 32828 | for Sale | Photo 2
    • 641 North Alafaya Trail Orlando, FL 32828 | for Sale | Photo 3
    • 641 North Alafaya Trail Orlando, FL 32828 | for Sale | Photo 4
    641 North Alafaya Trail | for Sale | Thumbnail 1
    641 North Alafaya Trail | for Sale | Thumbnail 2
    641 North Alafaya Trail | for Sale | Thumbnail 3
    641 North Alafaya Trail | for Sale | Thumbnail 4
    Price
    $ /mo
    Property Highlights
    Recent Extension Signed - Over 11 Years Remaining on the Base Term of the Lease
    True NNN Lease - No Landlord Responsibility
    Corporate Guarantee with 93 Locations Nationwide
    Strong Rental Increases - 15 Every 5 Years With the Next Bump Approaching in 2022
    Located on Alafaya Trail Which Sees Over 52,000 Cars per Day
    Strong Historical Unit-Level Sales Track Record at this Location with a Healthy Rent to Sales Ratio
    Description

    Orlando Area Market Trends

    Listing Demographics for 641 North Alafaya Trail Orlando, FL 32828

    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 Population13,69395,877219,630
    Population Median Age333535
    Population by Age0-9 Yrs1111 (8%)8701 (9%)20740 (9%)
    10-19 Yrs1374 (10%)15658 (16%)38616 (17%)
    20-29 Yrs4930 (36%)23703 (24%)49911 (22%)
    30-39 Yrs1963 (14%)12107 (12%)26550 (12%)
    40-49 Yrs1874 (13%)12070 (12%)28048 (12%)
    50-59 Yrs1202 (8%)9804 (10%)23493 (10%)
    60-69 Yrs644 (4%)7154 (7%)16483 (7%)
    70+ Yrs594 (4%)6680 (6%)15788 (7%)
    Median HH Income$51,945$57,072$63,052
    Total Household Income< 24K1385 (26%)6677 (22%)13076 (19%)
    25-49K1112 (21%)6752 (22%)14096 (21%)
    50-74K1092 (21%)5794 (19%)12012 (17%)
    75-99K744 (14%)4154 (13%)9270 (13%)
    100-199K739 (14%)5990 (19%)15394 (23%)
    200K+69 (1%)901 (2%)3002 (4%)
    Highest Education LevelNo Diploma784574912288
    Diploma or GED13351357329054
    Some College17921068123804
    Assoc. Degree1412767617198
    Bachelors Degree21001329031283
    Higher Degree700614616221
    Total Housing Units5,59733,57974,289
    --Owner-Occupied1,56816,13440,056
    --Renter-Occupied3,57214,13426,795
    Owner-Occupied Values< 100K24625624986
    100-199K441442610190
    200-299K654596614955
    300-399K20226717363
    400-499K193021308
    500K+62081254
    Total Working Age Population11,82881,040184,183
    In Work Force8,87450,781112,172
    Not In Work Force2,95430,25972,012
    Workforce Employed8,57148,344106,398
    Workforce Unemployed3012,4115,684
    Civlian Workforce8,87350,755112,082
    Military Workforce12790
    Total Households5,14130,26866,851
    Family Households2,45019,00044,965
    Non-Family Households2,69111,26821,886
    Married Couple1,59713,25932,739
    Other Family8525,74012,226
    Married w/Child5215,23513,647
    Single Male w/Child446051,378
    Single Female w/Child3152,0054,348

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    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 641 North Alafaya Trail in Orlando?
    The asking price for 641 North Alafaya Trail is $6,830,000
    What is the building size of this Retail property in Orlando, FL?
    The size of the building/unit at 641 North Alafaya Trail in Orlando is 8,904 square feet
    How much land does the Orlando, FL property at 641 North Alafaya Trail include?
    641 North Alafaya Trail in Orlando includes 0.500 acres of land
    What kind of Retail is the propery at 641 North Alafaya Trail?
    The property at 641 North Alafaya Trail Orlando, FL 32828 is listed as a Food Service Retail property
    What is the population within 1 mile of 641 North Alafaya Trail in Orlando?
    The population within 1 mile of 641 North Alafaya Trail Orlando, FL 32828 is 13,693 people.
    Who do I contact for questions about 641 North Alafaya Trail?
    You should contact the listing agent, James Medefind , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Orlando International Airport (MCO) 11
    Orlando Sanford International Airport (SFB) 15
    Daytona Beach International Airport (DAB) 44