Retail Space Listed at 10 Summerlin Avenue in Orlando
FOR SALE
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$9,200,000
10 Summerlin Avenue, Orlando, FL 32801
19,991 SF
Square Feet
$460
PPSF
6.23%
CAP
Property Description
NOI
$573,446
Cap Rate
6.23%
Lee & Associates has brought to market Thornton Park Central Retail, a 19,991-square-foot, 100% leased mixed-use retail asset located in the heart of Downtown Orlando’s Thornton Park district. The property features nine tenants generating approximately $573,000 in NOI and is being offered at $9.2 million, equating to a 6.23% cap rate and $460 per square foot. Positioned along Summerlin Avenue with strong vehicular and pedestrian traffic, the asset benefits from a curated tenant mix including Starbucks, JINYA Ramen Bar, and Osteria Ester, as well as surrounding demand drivers from over $2 billion in nearby development and a dense residential and daytime population base.
Property Details
Asset Type
Retail
Year Built
2001
Neighborhood
South Eola
Submarket
Orlando
ZIP
32801
Renovated
2025
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$909,772
Debt Service Coverage Ratio (DSCR)
1.74x
Cap Rate
9.89%
Cash Flow (Annual)
$386,420
Cash-on-Cash Return
16.80%
Monthly Debt Service
$43,613
Annual Debt Service
$523,352
View on Map
Address
10 Summerlin Avenue
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Orlando Retail Market Snapshot
Boundary boundary · Retail · Sale
No investors found in this market.