Transwestern is pleased to offer for sale to qualified investors the leasehold interest in the long-term, net leased property located in Orlando, Florida. The leasehold offering is 100 percent leased to Dick’s Sporting Goods and Toys “R” Us. The new leases commenced in November of 2010 and have 10-year primary terms. Originally developed as a Home Depot Expo, this property contains a 105,475-square-foot building situated on 7.41 acres with leasehold interest rights that extend out to the year 2057. The subject property is located just east of Interstate 4 at the Conroy Road exit. It is part of the Millenia Plaza and is adjacent to Mall at Millenia, a super regional, upscale, contemporary, indoor mall. Built in 2002, this mall contains anchor tenants Macy’s, Bloomingdale’s and Neiman Marcus, with strong supplementary tenants including Apple, Louis Vuitton, Burberry, Gucci, and many more. Other area tenants in the Millenia district include IKEA, Target, Home Depot, Marshalls, and many other junior anchors and small shop tenants. Over 159,000 cars pass the property daily. The area boasts a five-mile daytime population of over 271,000 people.
|BJ's Wholesale Club|
|BJ's Wholesale Club Tire Center|
|1 Gb/s: Summit Broadband|
|25 Mb/s: Bright House Networks|
|1.5 Mb/s: AT&T Florida|
|6 Mb/s: MegaPath|
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