Dellagio Town Center
109,489 SF | 100% Leased | Retail Building | Orlando, FL 32819 | For Sale
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Property Type
-
Retail, Restaurant
- Square Feet
- 109,489 SF
Listing Contacts
John Krzyminski
Verified Profile
Max Krzyminski
Verified Profile
Andrew Trickett
Verified Profile
- Property Info
Property Overview
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire a fee simple interest in one of Central Florida’s premier mixed-use open-air centers, Dellagio Town Center, located in Orlando, FL. This 109,489 square foot multi-tenant retail space is prominently situated along Sand Lake Road’s “Restaurant Row,” a prime dining and entertainment corridor in Orlando’s Tourist Corridor.
With exceptional visibility and access to major roadways including Sand Lake Road, I-4, International Drive, Turkey Lake Road, and Florida’s Turnpike, Dellagio Town Center offers ideal connectivity to landmarks such as Walt Disney World, Universal Studios, and SeaWorld. Universal’s Epic Universe, currently under development and located less than 5 miles away, is expected to significantly boost the local economy with a projected $11.5 billion contribution and the creation of 14,000 jobs upon completion in summer 2025.
The integration of premier dining, retail, and entertainment options
generates consistent consumer traffic, supported by nearly 400,000
vehicles per day from surrounding roadways, attracting both local
residents and tourists. Dellagio Town Center presents an exceptional opportunity to acquire a regionally dominant mixed-use asset in a high-growth Orlando market, characterized by a premier location, best-in-class tenants, robust sales performance, stable cash flow, and significant upside potential.
With exceptional visibility and access to major roadways including Sand Lake Road, I-4, International Drive, Turkey Lake Road, and Florida’s Turnpike, Dellagio Town Center offers ideal connectivity to landmarks such as Walt Disney World, Universal Studios, and SeaWorld. Universal’s Epic Universe, currently under development and located less than 5 miles away, is expected to significantly boost the local economy with a projected $11.5 billion contribution and the creation of 14,000 jobs upon completion in summer 2025.
The integration of premier dining, retail, and entertainment options
generates consistent consumer traffic, supported by nearly 400,000
vehicles per day from surrounding roadways, attracting both local
residents and tourists. Dellagio Town Center presents an exceptional opportunity to acquire a regionally dominant mixed-use asset in a high-growth Orlando market, characterized by a premier location, best-in-class tenants, robust sales performance, stable cash flow, and significant upside potential.
Property Details
- Year Built
- 2009
- Stories
- 2
Highlights
- Premier location with over 1,200 feet of frontage on Sand Lake Road’s Restaurant Row, a top dining destination in Orlando.
- Value-add opportunity with existing pad site for new retail or office building.
- Impressive performance measures with a projected CAGR of 3.10% and substantial cumulative NOI growth of 35.67% over a ten-year hold period.
- Benefitting from proximity to economic drivers such as the Orange County Convention Center, world-renowned attractions, and Downtown Orlando.
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