Property Highlights
- Rare opportunity to own a high-volume Rack Room Shoes in Orlando’s tourist district
- Top performing location with 28 year operating history, sales reporting and percentage rent
- Rack Room recently exercised their 5 year renewal option early further demonstrating their long-term commitment to this site
- Long-term covered land play – Commercial zoning and 1.96 acre signalized corner lot ideal for future redevelopment
- Located 4.5 miles from Disney theme parks along US Highway 192, Orlando’s “tourist corridor”
- Rack Room Shoes just celebrated its 100th anniversary and operates over 500 stores in 36 states
- Orlando is one of the leading markets in the US for job and population growth, the #1 tourist destination on the US and home to the largest University in the Country (UCF)
- Florida has no state income tax and saw a net migration of 345,000 residents between April 2020 and April 2021