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9537 W COLONIAL DRIVE

Commercial Recently Sold
$9,850,000

BTC: 328.33333333

ETH: 4,925.00000000

Sold on: 2025-09-19
New
0 room(s)
50,215 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Best Buy at the West Oaks Town Center, Ocoee, FL. Best Buy is a BBB+ credit rated, long-term tenant. Built in 2000, the property offers 46,112 square feet of space on a 4.03-acre lot, with 291 feet of prime frontage along West Colonial Drive. It’s in a high-visibility, high-traffic area that draws over 52,000 vehicles day. The site is well-equipped with two exterior loading docks and 191 surface parking spaces, providing convenience for shoppers. Best Buy recently renewed their lease for an additional five years, offering a reliable net operating income of $589,200 annually, with one option for another five-year extension. Located within the thriving Orlando MSA, this property is part of a vibrant retail corridor with nearby national brands, making it a high-demand investment. The area is surrounded by strong demographics, with over 233,000 residents within five miles and a median household income of more than $63,000. Additionally, the growing population and large daytime workforce in the surrounding area make this property a standout opportunity for investors.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
2000
Lot:
4.03 Acres
Heating:
No Data
Price/sqft:
$196
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 4.03 Acres

    Other Property Information

    • Parcel Number: 212228914800020

    • Zoning: C-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $129,799

  • Source details

    • MLS ID: J993611

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 50215

    • Subdivision Name: WEST OAKS TOWNE CENTER 43/122

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No similar properties found in the area

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: STELLAR NON-MEMBER OFFICE