Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively present The Wellesley Retail at College Park (the “Property”), a multi-tenant retail opportunity encompassing the entire first floor of a condominium community in the heart of College Park – Orlando’s most vibrant, desirable, infill neighborhood. Located less than one-mile northwest of the central business district, College Park is Orlando’s oldest suburb and widely regarded as one of the most established areas of the MSA, bordered by commercial, residential, and natural barriers to entry. Advantageously situated at College Park’s “main and main” intersection, The Wellesley boasts a remarkable Walk Score of 84, positioned steps away from a variety of day-to-day destinations including a Publix Super Market, CVS Pharmacy, Starbucks, in addition to an eclectic array of some of the finest boutique retailers, award-winning restaurants, and popular nightlife in Orlando.
The Wellesley represents a truly rare opportunity for investors to acquire the multi-tenant asset in Orlando’s most sought-after, high barrier-to-entry neighborhood, and one of the most walkable residential communities throughout the entire Central Florida region.
- Exceptional resident demographic profile with average HHI of $130,000+ which emphasizes renters’ ability to absorb future rent increases
- Irreplaceable, unreplicable College Park location with extreme barriers to entry
- Strong near-term rental rate increases in 2021, boosting investor returns
- Stabilized investment consisting of multiple national and regional tenants with upside opportunities