Orlando, FL - Shoppes at East Park Village

Description:

• Opportunity to acquire Shoppes at East Village, a brand-new retail strip in Orlando, FL
• All six tenants recently signed brand new lease terms with options to extend and rental increases, demonstrating their long-term commitments to the site
• Tenant pays for CAM, taxes, insurance, and maintains most aspects of the premises
• Landlord responsibilities are limited to roof and structure
• Ideal, low-management investment for a passive investor in a state with no state income tax

• More than 79,000 residents and 24,000 employees support trade area
• $127,524 average household income within a 1-mile radius
• Orlando is currently growing at a rate of 1.3% annually and its population has increased by 5.43% since the most recent census
• Orlando was ranked #4 in the entire nation for the largest numeric population growth per to most recent Census data (Click HERE for more)
• Orlando’s was #2 for GDP growth in the nation in 2022 and expanded by 5.9%
(Click HERE for more)
• The property is located just north of Lake Nona, one of the fastest-growing communities
in America. Lake Nona is comprised of 17-square miles and has millions of square feet in residential and commercial delivered and/or under construction (More info on Lake Nona HERE)
• Lake Nona, referred to as “the Future of Cities” by Fortune magazine, ranks among the fastest-growing, best-selling communities in America (click HERE for full article)