SAND LAKE TECH CENTER 2411-2415 W Sand Lake Rd, Orlando, Florida, 32809 Office Space For Lease FULL FRONTAGE ON SAND LAKE RD Traffic: 46,000 VPD Size: 700 SF to 2,100 SF CAN SIZE & BUILD TO SUIT 1
FOR LEASE Disclaimer This Offering Memorandum is provided by Vanwald and Associates, solely for your consideration of the opportunity to purchase the commercial property described herein. This Offering Memorandum may be used only as stated herein and shall not be used for any other purpose, or in any other manner, without prior written authorization and consent of Vanwald and Associates. This Offering Memorandum does not constitute or pertain to an offer of a security or an offer of any investment contract. It contains descriptive materials, financial information and other data compiled by Vanwald and Associates for the convenience of parties who may be interested in the subject property. The information contained is not all inclusive and is not represented to include all information that may be material to an evaluation of the acquisition opportunity presented. Vanwald and Associates has not independently verified any of the information contained herein and makes no representations or warranties of any kind concerning the accuracy or completeness thereof. All summaries and discussions of documentation and/or financial information contained herein are qualified in their entirety by reference to the actual documents and/or financial statements, which upon request may be made available. An interested party must conduct its own independent investigation and verification of any information the party deems material to consideration of the opportunity, or otherwise appropriate, without reliance upon Vanwald and Associates. T a b l e of Content s PROPERTY SNAPSHOT PAGE 3 LOCATION OVERVIEW PAGE 4 AERIAL VIEW PAGE 5 LEASE OFFERING/SITE PLAN PAGE 8 PROPERTY PHOTOS PAGE 9 MARKET AREA PAGE 11 CONTACT INFORMATION PAGE 13 & A S S O C I A T E S FOR MORE INFORMATION, CONTACT: COSTEL VANATORU Lic. Real Estate Broker 321.947.9536 Costel@VanWald.com VanWald & Associates LLC 6000 Metrowest BLVD, STE 101, Orlando, FL 32835 2
P ropert y Sn a p s h o t Property Snapshot Property Address Sand Lake Tech Center Buildings ONE & TWO 2411-2415 W Sand Lake Road City, State Orlando, FL 32809 County Type Tenancy Orange County Office/Flex Multiple Total SF 35,765 +/- FOR LEASE Vanwald & Associates is pleased to present the opportunity to lease office space at Sand Lake Office Center, Buildings ONE and THREE are 100% leased, with only a few spaces left in Building TWO, located at 2415 W Sand Lake Road in Orlando, Florida. CAN SIZE TO SUIT - CAN BUILD TO SUIT The property can be sized and built to suit the tenant s needs. NEWLY REMODELED The property shows great and the existing tenant areas have been remodeled. The buildings have new roofs and new AC units. AMPLE PARKING & FULL ACCESS The center benefits of ample parking (8/1,000 SF +/- ratio), and full access to Sand Lake Rd. HIGH DEMAND FOR LEASE SPACE There is very high demand for lease space on the Sand Lake Corridor and vacancies are filling fast. Building Three of this project was fully leased to Quest Diagnostics and Terminix, Building One is almost 100% occupied, and Building Three will shortly follow. The lease price will be adjusted up as the vacancy is filled. Leasable SF 32,771 +/- Available 700 SF to 5,000 SF (+/-) Buildings 2 Floors Parking Zoning Land Use One 443 +/- Parking Spots in Center Easement in Place IND-2/IND-3 1700 - Office Buildings Traffic Counts 46,000 Vehicles Per Day 3
Sand Lake Tech Center Orlando International Airport Superior Location Sand Lake Office Center benefits from a superior location with prime frontage and visibility on Sand Lake Road, only 7 miles south of Downtown Orlando, featuring excellent access to John Young Parkway, Florida s Turnpike, SR 528, Interstate-4, and the Orlando International Airport. The location will serve as a significant catalyst in retaining current tenants, and acquiring new ones. In addition, the aforementioned excellent location and significant frontage along the extensively traversed W. Sand Lake Road bodes well for a tenant. The FLDOT estimates the daily traffic counts at around 46,000 vehicles per day. The traffic lights at President Dr and Consulate Dr also provide a standing audience from both directions, as well as easy and FULL ACCESS to tenants and visitors. With the Property s unique location within Central Orlando and accessible by multiple major thoroughfares, the Property is ripe for an opportunity to meet the demands of savy investors. 4
Aerial View Sand Lake Tech Center Sand Lake Road - 46,000 VPD John Young PKWY Orange Blossom TR 5
Aerial View CHANCELLOR DR Full Access The property sits directly between the traffic lights at President s Drive and Chancellor Drive. In addition to direct access from Sand Lake RD, the site can also be reached via the adjacent Presidents Drive and Chancellor Drive As a result, the tenants have a captive audience of 46,000 vehicles daily that drive on W Sand Lake RD. The intersection with Chancellor DR can be see in the photo to the left, and the intersection with President s DR is featured below. In addition to providing full access to Sand Lake Rd, these two arteries provide a direct shortcut to John Young PKWY, and Orange Blossom Trail. Boundary lines are approximate. PRESIDENT DR Sand Lake Road - 46,000 VPD 6
Aerial View FOR LEASE 7
BUILDING TWO Lease Offering 2411 W SAND LAKE RD. ORLANDO FL 32809 (Building ONE) Suite Status Rental Rate A-K 100% SUITE A AVAILABLE SUITE B SUITE C SUITE D SUITE E 2415 W SAND LAKE RD. ORLANDO FL 32809 (Building TWO) Suite Tenant Size Status Rental Rate A FOR LEASE 2,100 SF to 2,100 AVAILABLE $9-$20/SF/YR NNN SUITE L SUITE K SUITE J SUITE H SUITE I AVAILABLE SUITE G SUITE F1 AVAILABLE SUITE F B Abelings Imp. - - - C PRIMERICA D RelaxSlim E AIREKO - - F Enterprise Ins F1 FOR LEASE 1,500 SF to 750 SF AVAILABLE $9-$20/SF/YR NNN G 5STAR PROMO - - H SALAZAR&ASSO - - I FOR LEASE 904 SF to 450 SF- $9-$20/SF/YR NNN- J GUIDA DESIGN - - K GR REALTY L AMERICAN WT CAN SIZE AND BUILD TO SUIT 8
LOBBY 9
Build Out Examples 10
M a r k e t Area Orlando is on the rise both literally and figuratively. Look around the region and you ll find new developments popping up all over from brand new venues to the upcoming Florida Advanced Manufacturing Research Center to Lake Nona Medical City and Health Village to Creative Village. Orlando was named #1 in the U.S. for job growth in 2015. // U.S. Department of Labor, Bureau of Labor Statistics, 2016 The Orlando-Kissimmee-Sanford metro area ranks #56 in the U.S. as Best Performing Cities. // Milken Institute, 2015 Lake Eola, Orlando With Near 66 million yearly visitors in 2015, Orlando benefits from a $50 billion tourism industry. According to the 2014 U.S. Census data, the Orlando Region outpaced about 99 of U.S. s most heavily populated Metropolitan Areas Orlando is Recognized by FORBES as Being The Second Fastest Growing City in America Major international companies have a presence in Orlando. Walt Disney Company, Lockheed Martin, Siemens Energy, Mitsubishi-Hitachi Power Systems, L-3 Communications, Science Applications International Corporation (SAIC), Electronic Arts, Northrop Grumman, Darden Restaurants, Verizon Communications, Tupperware Brands Corp., American Automobile Association (AAA), Ruth s Chris Steak House, Deloitte and more. Orlando is also home to the U.S. operations of Germany s Siemens Energy, Japan s Mitsubishi Hitachi Power Systems, Spain s Indra System, Australia s Adacel to name a few. In total, more than 150 international companies, representing about 20 countries, have facilities in Orlando. Orlando is a top American City of the Future. // fdi Magazine, 2015 Orlando is a top location for entrepreneurs. The region has a long history of entrepreneurial activity and is home to unique resources such as the National Entrepreneur Center (one of only two such centers in the nation), the University of Central Florida Business Incubation Program (ranked as one of the top incubators in the nation) and Rollins College Center for Advanced Entrepreneurship that help keep this community among top locations for innovative companies and entrepreneurs. In addition, there are co-working spaces were startups can find flexible workspace options and access to civic, business, and educational organizations. Orlando highlighted as a hot spot for job growth in companies with less than 100 employees. // Inc. Magazine Tourism and the tax revenue generated from it enables substantial infrastructure investment that further enhances the quality of life. The region provides a rich lifestyle for residents through cultural opportunities, arts, fashion, music, amateur and professional sports, favorable weather and abundant recreational activities. From a brand new Performing Arts Center to a renovated Camping World Stadium to the upcoming MLS stadium, Orlando is also home to the Amway Center, named among the nation s top sports venues. Orlando is the 6th best city for recreation. // WalletHub, 2015 Orlando is America s best running city. // Vitals, 2015 The City of Orlando is an international business center. A bustling downtown draws businesses of all types and is especially strong in its ability to attract corporate headquarters. Some of those that have selected downtown Orlando include BBA Aviation, Signature Flight Services, CuraScript and Indra Systems, Inc. The city's potential has only begun to be realized. Numerous major multi-use commercial projects are on the drawing board. An unprecedented level of office development is planned for downtown Orlando. All told, more than one million additional square feet of construction has been announced for the downtown business district. But, downtown Orlando is more than just business. Ten public and private secondary schools, all noted for excellence and innovative teaching, bring schoolchildren of all socio-economic realms into our downtown on a daily basis. Downtown is also alive with higher education. In addition to its downtown center that specializes in continuing education, the University of Central Florida s Interactive Entertainment Academy s (FIEA) state-of-the-art facilities and faculty train graduate-level game developers on an innovative campus once housed the City s local expo center. UCF is also planning an expanded downtown campus to enhance educational opportunities for students which will further energize downtown. Florida A&M s Law School opened in downtown Orlando in fall 2002. Florida State University s Medical School has a regional campus in Delaney Park, just south of downtown, where third and fourth year medical students complete their training through involvement with two of the nation s largest healthcare systems, both of which are also located in downtown Orlando. Valencia College also has a downtown Orlando campus. 11
ORANGE COUNTY Orlando MSA M a r k e t Area Legend City/County Boundary Interstate US Highway LAKE SEMINOLE From the Orlando Business Journal: http://www.bizjournals.com/orlando/news/2016/01/22/metro-orlando-s-unemployment-rate-dips-again-in.html State and County ORANGE OSCEOLA APOPKA MAITLAND EATONVILLE OCOEE OAKLAND WINTER GARDEN WINTER PARK ORLANDO WINDERMERE EDGEWOOD BELLE ISLE ORLANDO BAY LAKE LAKE BUENA VISTA Diversified growth is the hallmark of Orange County. Orange County is the region's most populous county and includes the City of Orlando, as well as twelve other incorporated cities. The county sits in the approximate center of the state, midway between Jacksonville and Miami. The St. Petersburg-Tampa area on the Gulf of Mexico and Daytona Beach on the Atlantic Ocean are easy drives. Two of the state's major highways, Interstate 4 (east-west) and the Florida Turnpike (north-south), intersect just outside Orlando. Orange County is home to the second largest university in the nation (one of the top research universities), one of the top ten research parks in the country, one of only two National Entrepreneur Centers, a worldclass international airport and an all new Medical City which includes the UCF College of Medicine that opened in 2009. The county government guarantees fast-track permitting and actively seeks new contract vendors. 12
FOR MORE INFORMATION, CONTACT: COSTEL VANATORU Lic. Real Estate Broker 407-403-5775 Costel@VanWald.com & A S S O C I A T E S VanWald & Associates LLC 6000 Metrowest BLVD, STE 101, Orlando, FL 32835 13