October 2, 2020 – Hobart Hare of Horvath & Tremblay has successfully completed the sale of Shoppes of Southland in Orlando, Florida. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $3,775,000.
Shoppes of Southland is located at 7400 Southland Boulevard in Orlando, Florida. The property features a 23,694 square foot building on a 1.7-acre lot. The property is anchored by Creative Floors, and is shadow-anchored by Home Depot and a large Pepsi distribution center. The Shoppes of Southland are located on the signalized hard corner of Orange Blossom Trail and Southland Avenue. The center is 100% occupied with a varied mix of eight local tenants that cater to the community. The Shoppes also generate income from two sign leases including one for Home Depot. Just south of Orlando’s downtown, Southland lies between Orlando International Airport and the Universal Orlando and Walt Disney World theme parks and recreation area. The property sees more than 51,900 vehicles per day and also benefits from outstanding area demographics with more than 120,000 residents within a 3-mile radius.
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.