1030 N. Mills Avenue, Orlando FL 32803, Storefront / Retail Space For Lease – From $1000/month
New Structure | South and East Elevations:
Summary: High-traffic retail space on busy Mills Avenue just a few blocks north of Highway 50. Ideal site for restaurant, cafe, retail or office in the heart of Orlando with easy access to Downtown Orlando, Florida Hospital and all major roadways. Lighted marquee signage on Highway 17-92. There is 450 to 2,200 square feet retail space that can be leased as is or the property will be enclosed at the landlord expense for a qualified tenant.
Lease Terms $12-$18 / square foot, triple net – rate depends on level of property owner-provided improvements
- Note: triple net means that tenant is responsible for the payment of property insurance, real estate taxes, and maintenance
With current taxes, insurance and maintenance, gross monthly rent is approximately $800 to $3250 plus 6.5% sales tax per month
- 3 to 10-year term lease with first right of refusal to purchase
- Tenant improvement allowance and security deposit based on term, business financials, and owner / principal personal credit.
- Location 1030 N. Mills Avenue, Orlando FL 32803 (US Highway 17-92)
- Just 5 north of the Highway 50 – Colonial Drive intersection
- Convenient to all major Orange County highways, Interstate 4, and Toll Road 408
- Learn more about the area revitalization here: http://www.mills50.org/
- Square Footage / Building Layout 450 to 2,200 SF of total floor space
- 51 feet of Mills Avenue frontage
- 115 feet of Canton Avenue frontage / 51 feet of rear alley frontage
- Legal Description: LAKE HIGHLAND HEIGHTS Q/131 LOTS 5 & 6 BLK D (LESS E 10 FT FOR R/W)
- Orange County parcel id: 24-22-29-4468-04-050
- Drive-thru window installed
- Parking for 8 cars
- Impact fee credit of $55,000 available for many uses, including restaurant, bar, cafe, etc.
- Zoning City of Orlando, Mixed Use – 1, Traditional City, MU1-T
- Permissible uses include: child care, adult day care, civic clubs, drive-in facilities, community development, eating and drinking establishments, hospitals, clinics, hotels, motels, labs – medical or dental, retail – light or intensive, business – entertainment – personal services, automobile services, assisted living, emergency shelters, treatment recovery
- Directions Using Interstate 4, use Hwy 50 exit in Downtown Orlando; travel east on Hwy 50 – Colonial Drive 1 mile to Mills Avenue. Turn left. Property is located 1/4 mile ahead on your left..
- Using Toll Road 408; use Mills Avenue exit, travel north on Mills Avenue 2 miles. Property is located 5 blocks north of Colonial Drive on your left