12801 W COLONIAL DR, WINTER GARDEN FL 34787
W COLONIAL RETAIL WITH ADJACENT LAND
For Sale
$3,400,000
Property Highlights
| Price | $3,400,000 | Lease Type | NNN |
| Acres | 3.07 | No. Stories | 1 |
| Sale Type | Amortized | Proposed Financing | Conventional |
| Sale Conditions | Fee Simple | Building Area Sqft | El Taco Norteno 1954 sf Wings Wintergarden 2862 sqft |
| Property Type | Retail with Land | Land SF | 112,155 sqft |
| Property Subtype | Retail | Price PSF | $753.21 |
| Building Class | B | Cap Rate | 1.04% |
| Number of Buildings | 2 |
12801 W COLONIAL DR, WINTER GARDEN FL 34787
Premium Properties Commercial proudly presents this C-2 Zoned 3 Acres Land on W Colonial with 2 Restaurant Buildings on 1.44 Acres and 55 Parking spots and over 1.8 Acres separated vacant Land behind the Parking lot is ready to build any Retail Development in order to maximize the cash flow and add significant value to the Property.
– More than $78,000 Median Household Income within 3 Miles distance and high demand for variety of Retailers. Property located minutes away from Winter Garden Downtown and Ocoee Hospital and Major Retailers.
– Only a mile away from Turnpike and 429 Highway this is one of the pristine locations for Retail Development opportunity.
– Current Owner User Restaurant Business(Wings of Winter Garden) established over 20 Years ago and the Business value included in sales generating around $200k Owner benefit for Owner users and ready to take over and potential rental income $5,000 NNN for Investors and other Restaurant building leased long term currently paying $4,000 NNN and Billboard lot leased for $8,000 Annually for a long term lease and potential rental increase from Billboard sign after end of lease term.
-Property located More than 63,000 Population within 3 Miles Distance
. Winter Garden is the commercial and cultural capitol of West Orange County. “Winter Garden is a city 14 miles (23 km) west of Downtown Orlando in the western part of Orange County, 1 mile away from highway 429, Florida, United States. … It is part of the Orlando–Kissimmee–Sanford, Florida Metropolitan Statistical Area. Its population was 46,051 as of 2019.” Also, Winter Garden is bordered on the south by the town of Windermere, on the east by the city of Ocoee, on the west by the town of Oakland and on the north by Lake Apopka.-Less than a mile away from FL-429 and FL Turnpike and access to Orlando Downtown and Major attractions. -Winter Garden Downtown is full of entertainment with local and Franchise Restaurants, Bars and shops only 5 min away.
– More than 51,000 AADT on W Colonial and front of the Property surrounded by Major Retailers offers opportunity for Investors, Owner Users and Developers.
Ozan Cifci
Listing Agent