733 main lane orlando, florida 32801...+407 426.7702 + 250 n. orange ave. ste. 1500 + orlando, fl...
TRANSCRIPT
This offer is subject to errors, omissions, prior sale or withdrawal without notice.
BISHOP BEALE DUNCAN250 N. Orange Ave., Ste. 1500
Orlando, FL 32801 + (407) 426.7702
www.BBDRE.com
FOR LEASE• 375 On-Site Luxury Apartments: Average Annual
Income over $80,000
• Frontage: Over 500’ along Orange Avenue
• Daily Traffic: 39,700 AADT
• Orlando Health Campus: 0.2 Miles South
• Orlando’s CBD: 0.5 Miles North
• Parking: Garage with 60+ Retail Spaces + Ample Street Parking
• Orlando Health Update: Adding a 66,000 SF Corporate Office Building 350’ from NOVEL Lucerne - Click Here for the Full Article
FLAGSHIP RESTAURANT + RETAIL
733 Main Lane Orlando, Florida 32801
Highlights
+ Lease Rate: $36 / SF+ Available SF: Up to 4,064 SF + Patio Seating
+ Free Parking: 60 On-Site + Street Parking
JILL ROSE VP of Retail Services (407) 734.7204 [email protected]
JP BEAULIEU, CCIM, CLS Director of Retail Services(407) 734.7201 [email protected]
Developed By:Anchor Tenant:
PATIO SPACE
City officials expect an almost downtown population jump in the next half-decade.
JACK WITTHAUSORLANDO BUSINESS JOURNAL
10%
Fitness Tenant:
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
Location Highlights
Highlights• Orlando Health is Adding a 66,000 SF Corporate Office
Building 350’ from NOVEL Lucerne Click Here for the Full Article
• 0.2 Miles North of the 1,250-Bed Orlando Health Campus with over 5,405 Employees & 1,105 Physicians. Orlando Health has over 23,000 Employees and 4,000 Physicians System Wide
• 0.5 Miles from the Central Business District with over 80,000 Jobs and 25% Growth in Residential Units Downtown
• Area Demographics:
$88,441Average Household Income in Downtown
109,527Residential Population in 3-Miles
100,623Daytime Jobs within 1-Mile
266 Pedestrians Pass By per Day
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
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23,990 SF
Street Parking
Ma
in L
ane
South Ora
nge A
ve. (39,700
AA
DT)
West Gore St.
Parking Garage:60 Designated Mezzanine Level
Retail Spots
Restaurant4,064 SF
Patio
Site Plan
PATIO SPACE
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
South Orange Avenue
Less Than 5-MinutesWalking Distance from
Orlando Health
0.4 Miles
Commute Snapshot
To Downtown:
4 Minutes 6 Minutes
2 Minutes 5 Minutes
Very WalkableMost errands can be accomplished on foot.
77WALK
SCORE
Good TransitMany nearby public Transportation options.
52TRANSITSCORE
Very BikeablePlenty of destinations within 5-10 minutes.
84BIKE
SCORE
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
Transportation SnapshotDOWNTOWN ORLANDO LIVE. WORK. PLAY
Downtown Information Center1. Orlando Regional Chamber of Commerce2. DoubleTree by Hilton Downtown Orlando3. Gateway Center4. Marks Street Senior Center5. Lake Highland Preparatory School6. One Orlando Centre (Wells Fargo)7. Courtyard by Marriott Orlando Downtown8. Orlando Sentinel9. Crowne Plaza10. Howard Vernon Motel11. Host Inn of Orlando12. Ambassador Hotel13. Orlando Technical Center14. Orange County Public Schools15. Creative Village16. Downtown Rec and Tennis Centre17. Nap Ford Community School18. UCF Center for Emerging Media19. Bob Carr Performing Arts Centre
20. LYNX Central Station21. Orange County Public Defender22. Orange County Courthouse23. Travelodge Downtown24. Orange County Civil and Traffic Court25. Bank of America Building26. Old Southern Bank Building27. FAMU College of Law28. State of Florida Regional Service Center29. Callahan Neighborhood Center30. United States Federal Court House31. Orlando Tower (Wells Fargo)32. Heritage Square33. Orange County Regional History Center34. United States Postal Service35. Lake Eola Charter School36. Orlando Public Library37. Walt Disney Amphitheater38. Swan Boat Rentals39. EÕ Inn and Spa
40. Howard Middle School41. Children’s Playground42. Orlando Farmer’s Market43. The Abbey Theater 44. Colombian Consulate45. Embassy Suites46. The Great Escape Room47. Gallery at Avalon Island48. The Christ School49. Orange County Records50. Orange County Administration Center51. Auto Tag Office52. Orange County Human Resources53. Grand Bohemian Hotel54. Citrus Center (BB&T Bank)55. Seaside Bank56. Plaza Cinema Café 1257. CityArts Factory58. Jai Gallery59. SAK Comedy Lab
60. Mad Cow Theatre61. UCF Downtown Ying Academic Center62. City of Orlando Police Headquarters63. H.D. Supply64. Wells’ Built Museum
of African American History65. Amway Center66. Church Street Station67. Suntrust Center, Orange County Tax
Collector and Property Appraiser68. City of Orlando City Hall & Terrace Gallery69. Dr. Phillips Center for the Performing Arts70. Aloft Hotel71. Orlando Utilities Commission72. Courtyard at Lake Lucerne73. Beardall Senior Center
N M
ILLS
AVE
Grapefruit Line detour as a resultof Parramore Neighborhood road closures.Normal route will resume late Spring 2015.
North Quarter Extension services begin on the LYMMO Orange Line
Sunday, April 19.
LYMMO Orange Line Route& Stop Station (Free bus)
SunRail Stations
SEE ART Orlando
Hertz 24/7 Car Share
Bike Share Stations
C
LYMMO Grapefruit Line Route & Stop Station
C
C
C
C
C
C
C
N
B
B
B
B
BFuture Bike Share Stations(Spring 2015)B
B
B
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B
BB
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B
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7071
72
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Future site of Creative
Village
As part of Novel Lucerne’s approvals, the Central Florida Transportation Authority approved the addition and an extension of the Lymmo service to stop on Orange Avenue, adjacent to Novel Lucerne.
West Gore Street
Ma
in L
ane
Sout
h O
rang
e A
venu
e
Future
Stop on Orange Avenue
SunRail - Completed:Central Florida’s Commuter rail line represents an exciting new travel choice for residents and visitors with twelve convenient stations over three counties.
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
Location Study
1
23
4
5
7 89
10
4
408
5,405 Employees
6
New CorporateO�ce
139,500 AADT
149,0
00 A
ADT
Ora
nge
Ave
nue
- 3
9,70
0 A
AD
T
Orlando City Hall
Interstate 4: 149,000 AADT
408 East West Expressway: 139,500 AADT
Orange Avenue: 40,570 AADT
Gore Street: 13,600 AADT
Surrounding Employment Hubs:
Orlando Health: 0.5-Miles5th Largest Employer in
Central Florida
6,510 Employees
City of Orlando: 0.5-Miles400 S Orlando Ave
4,734 Employees
OUC: 0.5-Miles100 W Anderson St
1,232 Employees
Orange County Government: 1-Mile201 S Rosalind Ave
7,066 Employees
Orange County Public Schools: 1.9-Miles445 W Amelia St
24,630 Employees
SunTrust Bank: 0.7-Miles200 S Orange Ave
2,670 Employees
Bank of America Corp.: 1.2-Miles390 N Orange Ave
1,7755 Employees
Hotel Keys
1 Grand Bohemian 250
2 Aloft Downtown Orlando 118
3 The Wellborn Boutique 16
4 Hampton Inn & Suites 126
5 The Delaney Hotel 54
6 Proposed Hotel 110
TOTAL: 674
Residential Type Units
SITE: Novel Lucerne Apt. 375
6 Kinnerit I & II Apt. 280
7 Westminster Towers Apt. 264
8 Lake Lucerne Towers Apt. 157
9 Lucerne Oaks Condo 39
10 Orlando Cloisters Apt. 102
TOTAL: 1,217
Area Hotels & Housing:Traffic Counts:
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
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2
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9
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13
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2324
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25 21
26
2728
29
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42
31
32
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814
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46
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50 51 52
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57
5859
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408
4
Existing Multi-Family Units Type
20 Post Parkside 258 Apt.
21 Sanctuary 173 Condo
22 Star Tower 100 Condo
23 Thornton Park Central 49 Condo
24 Waverly 230 Condo
26 Camden Orange Court 268 Apt.
27 NORA 246 Apt.
28 Park North 303 Condo
29 Skyhouse Orlando 320 Apt.
30 SteelHouse 330 Apt.
31 Camden North Quarter 333 Apt.
32 Uptown Place/Echelon 244 Apt.
Novel Lucerne 374 Apt.
37 Lofts at SoDo 308 Apt.
38 The Mark at Sodo 258 Apt.
39 Veridian on Bumby 200 Apt.
40 Lakeside at Delaney Park 90 Apt.
41 530 East Central 91 Condo
42 Baptist Terrace 197 Apt.
43 Callahan Oaks 40 Apt.
44 Griffin Park 172 Apt.
45 Jackson Court 58 Apt.
46 Kinnerit I & II 280 Apt.
47 Lucerne Oaks 39 Condo
48 Magnolia Towers 156 Apt.
49 Orlando Cloisters 102 Apt.
50 Orlando Lutheran Towers 304 Apt.
Existing Multi-Family Units Type
1 55 West 461 Apt.
2 Aspire 164 Apt.
3 CityView 266 Apt.
4 Crescent Central Station 279 Apt.
5 Grande 364 Condo
6 Lexington Court 108 Apt.
7 Metropolitan 150 Condo
8 Modera Central 350 Apt.
9 Solaire at the Plaza 305 Condo
10 The Vue at Lake Eola 375 Condo
12 Lake Lucerne Towers 157 Apt.
13 101 Eola 152 Condo
14 Camden TP 299 Apt.
16 Brownstones at Thornton Park 28 Condo
17 Eola South 23 Condo
18 Jackson 55 Condo
19 Paramount on Lake Eola 313 Apt.
Under Construction Units Type
11 XOrlando (Proposed) 867 Apt.
15 The 520 364 Apt.
33 333 N Rosalind 389 Apt.
34 Irving on Park 21 T.H.
35 Amelia Court 256 Apt.
55 Creative Village M 390 Apt.
56 Creative Village U 292 Apt.
57 Crea. Village Union West 640 Student Hs.
58 Magnolia Mixed-Use 40 Apt.
59 Orange & Robinson 325 Apt.
60 Parramore Oaks 221 Apt.
61 Zoi House Orlando 300 Apt.
Total Existing Units 9,934
Total Under Construction 4,105
TOTAL 14,039
Multi-Story Residential Units
Existing Multi-Family Units Type
51 Orl. Luth. Twrs/Windsor Place 107 Apt.
52 Osceola Brownstones 26 T.H.
53 Park Lake Towers 165 Condo
54 Westminster Towers 264 Apt.
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
Area Submarkets
Downtown CBD
Lake EolaHeights
Thornton Park
Lake Davis /Greenwood
LakeCherokee
SoDo
SouthDivision
LakeCopeland
DelaneyPark
Lancaster Park
Wadeview Park
Lake Weldona
SITE
Neighborhood Population Avg. Income
Delaney Park 983 $86,064
Downtown CBD 7,168 $81,184
Lake Cherokee 1,203 $64,029
Lake Copeland 641 $86,055
Lake Davis / Greenwood 1,374 $98,966
Lake Eola Heights 2,599 $126,073
Lake Weldona 303 $132,562
Lancaster Park 682 $141,588
SoDo 1,555 $66,180
South Division 4 $85,476
Thornton Park 827 $153,934
Wadeview Park 1,808 $75,709
TOTALS 19,147 $99,818
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
4
408
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Ora
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0 A
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149,00
0 A
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Points of Interest
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
UCF Downtown-Creative Village
150,000 SFRetail/Commercial Space
1.2 Million SFOffice / Creative Space
1,500Residential Units & Student Housing Beds
225Hotel Rooms
750,000 SFHigher Education Space
Project Overview
Conceptual Master Land Use Plan
Phase I Development Completed Phase 1 Development Proposed
Existing Community Assets Future Development
Phase 1 Development In-Progress
www.BBDRE.com + (407) 426.7702 + 250 N. Orange Ave. Ste. 1500 + Orlando, FL 32801
A record-breaking
75 MILLION tourists traveled to Central Florida in 2018, making it the Number One U.S. Travel Destination.
Downtown Orlando Snapshot
185Business LicensesIssued In 2019
80,047Total JobsDowntown
$70,808Average SalaryDowntown
17,870Estimated Population 2019
37.8Average Age
$74,682AverageHousehold Income
$206,966Median HomeValue 2019
54.2%Bachelors Degreeor Higher
Downtown Demographics
About Downtown
+ In 2019, Forbes Named Orlando the Best Market for Real Estate
+ $5.4 Billion in Total Developmental Investments
+ Downtown Spans more than 300 Blocks and a Total of 1,664 Acres
Downtown Residential
+ 13,054 Residential Units Downtown + 93.1% Apartment Occupancy Rate + $1,771 Average Rental Rate + 3,345 Proposed Residential Units with
2,157 In-Progress
Downtown Office
+ 11,047,132 Rentable Square Feet + 91.9% Office Occupancy Rate + $23.23 Per SF Average Office Rental Rate
Downtown Retail
+ 1,200,298 Rentable Square Feet + 93.4% Retail Occupancy Rate + $23.83 Per SF Average Retail Rental Rate