December 2, 2021 – Matt Nadler of Horvath & Tremblay has successfully completed the sale of Ocoee Corners in Ocoee, Florida. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $9,600,000.
Ocoee Corners is located at 11010 West Colonial Drive in Ocoee, Florida. The multi-tenant retail center contains 14,845 square feet of gross leasable area and is currently 100% leased to 7 tenants, with a diverse tenant profile, including Tijuana Flats, Pearle Vision, Southern Steer, Einstein Bagels, Vitality Bowls, Pacific Dental, and Urgent Vet. Ocoee Corners sits on a 1.6-acre corner lot with two points of access, and is visible to over 51,000 cars per day. The property benefits from the strength of the Orlando MSA, with over 195,000 residents within a 5-mile radius, including over 167,000 employees in the surrounding area. Notable retailers drawing consumers and driving traffic to the immediate area around the property include Walmart, Planet Fitness, Popeye’s, Starbucks, Circle K, McDonald’s, Advance Auto parts, Denny’s, Arby’s, Pep Boys, Racetrac, Hardee’s, Pizza Hut, Chick-fil-A, Wendy’s, Texas Roadhouse, Chipotle, and Bank of America.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.