MILLS PARK 1724 US Highway 17-92 Orlando, Florida 32803 PAD-READY COMMERCIAL S UNDER CONTRACT Mills Avenue (44,072 AADT) 2.55 Acres For Sale + Sale Price: $5,400,000 + Entitlements: 177,350 SF + Future Use: Hotel or Office + Land Size: 2.55 Acres Highlights Entitled for 177,350 SF of hotel or office space within the renewed Mills Park development Features nationally recognized retailers, 310 luxury apartments and other service retail and financial amenities The location is surrounded by affluent neighborhoods and bustling businesses, making this a highly-desirable location in Orlando Mills Park Retail Tenants: JILL ROSE VP of Retail Services (407) 734.7204 Jill@BBDRE.com This offer is subject to errors, omissions, prior sale or withdrawal without notice. JP BEAULIEU, CCIM, CLS Director of Retail Services (407) 734.7201 JP@BBDRE.com BISHOP BEALE DUNCAN 250 N. Orange Ave., Ste. 1500 Orlando, FL 32801 + (407) 426.7702 www.bbdre.com
Mills Park 190 PNC Bank 2,732 Haven Drive N DEVELOPMENT OPPORTUNITY 2.55 Acre Infill Site TV Fitness Pro Entitled for 177,350 SF of Hotel or Office Development 120 200 210 220 The Gallery at Mills Park 310 Apartments The Gallery at Mills Park Parking Garage Permissible Building Height from 77 Feet to 90 Feet Structured Parking Required Virginia Drive 130 140 150 160 Development Pad PROPERTY DETAILS 170 180 190 300 N. Mills Avenue 400 500 600 Development Pad Development Pad 14.5 Acre Successful Infill Mixed-use Orlando Development 56,703 SF of Retail Space filled with Nationally Recognized Retailers 310 Ultra Luxury Apartments in The Gallery at Mills Park LAND SIZE 2.55 Acres ENTITLEMENTS 177,350 Square Feet FUTURE USE Hotel or Office SALE PRICE $5,400,000 LOCATION DETAILS Centrally situated between Downtown Orlando, Baldwin Park, College Park and Winter Park, this destination mixed-use center provides great accessibility to the all surrounding residences and commercial businesses. 44,072 AADT on Mills Ave. (US 17-92) 17,072 AADT on Virginia Dr. PARCEL INFORMATION 24-22-29-5669-02-001 City of Orlando PD Zoning Proposed Development
Location Orange Avenue (17,000 AADT) Virginia Drive (17,522 AADT) Mills Avenue (44,072 AADT) Winter Park 1.2 Miles Downtown Orlando 1.2 Miles N SURROUNDING HOSPITALS: Florida Hospital -.9 miles (8-10 minute walk) 2,247 Beds, 17,600 Employees, 2,230 Physicians Largest Healthcare Provider in the Country 2nd Largest Employer in Central Florida Orlando Health - 3.7 miles 1,788 Beds, 14,310 Employees, 2,206 Physicians 5th Largest Employer in Central Florida Winter Park Memorial - 4.5 miles 297 Beds, 1,450 Employees, 200 Physicians TRAFFIC COUNTS: Mills Avenue (US 17-92) - 44,072 AADT Virginia Drive - 17,522 AADT Orange Avenue - 17,000 AADT Interstate 4-183,000 AADT NEARBY HOTELS: Comfort Inn - 1 mile DoubleTree by Hilton - 1.2 miles The Alfond Inn - 2.9 miles IMMEDIATE AREA AMENITIES: Orlando s Cultural District: Orlando Museum of Art, Orlando Science Center, Loch Haven Park, Harry P. Leu Gardens, and the Orlando Repertory Theater
Demographics Demographics 1 Mile Radius 3 Mile Radius 5 Mile Radius Total Population 8,942 92,621 270,826 Total Households 4,576 45,918 120,322 Median Age 37.4 38.6 37.4 Median Household Income $71,503 $70,279 $57,406 Average Household Income $92,167 $95,519 $76,060 Total Businesses 1,206 12,967 22,910 Total Employees 27,539 183,625 287,383
Neighborhoods 1 2 3 4 Winter Park Population 77,358 HH Income $80,997 15 College Park Population 18,966 HH Income $95,311 6 8 7 9 10 Baldwin Park Population 8,495 HH Income $174,772 5 16 14 13 11 12 Downtown (including Park Lake, Highland and Colonial Town) Population 36,884 HH Income $79,912 Thornton Park SURROUNDING COMMUNITIES: Close to the Affluent Neighborhoods of Winter Park, Baldwin Park, College Park, Maitland, Thornton Park and Downtown Orlando. Points of Interest 1 Winter Park Village 9 Loch Haven Park 2 Park Avenue 10 Leu Gardens 3 Winter Park Hospital 11 Fashion Sqaure Mall 4 Rollins College 12 Orlando Executive Airport 5 The Village at Baldwin Lake 13 Lake Highland Preparatory School 6 Dubsdread Golf Course 14 Country Club of Orlando 7 Orlando Museum of Art 15 Dubsdread Golf Course 8 Orlando Science Center 16 Mills Park
Accessibility LYNX Proposed Site Orlando Urban Trail - Completed: The 1.2-mile segment of the Orlando Urban Trail from Magnolia Avenue, mostly along the old Dinky Line rail bed to Lake Formosa, where the trail already circles the lake and heads north along Mills Avenue to Winter Park has been completed. Distance from Mills Park: on site. LYNX Orlando Expansion - Proposed: The LYNX Orlando Trail will be a continuation of the City s existing Gertrude s Walk and Orlando Urban Trail which is planned to extend south of SR 408 and north to Loch Haven Park. Distance from Mills Park: on site. 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. Distance from Mills Park: less than 1 mile.