TREVOR HALLDirector, Land Services+1 407 362 6173trevor.hall@colliers.com

DUSTIN BOWERSETTAssociate, Land Specialist+1 407 362 6155dustin.bowersett@colliers.com

FOR SALE > LAND DEVELOPMENT OPPORTUNITY

Retail Development OpportunityColonial Drive (SR-50) & State Road 408

COLLIERS INTERNATIONAL255 South Orange Avenue, Suite 1300Orlando, FL 32801www.colliers.com

DEMOGRAPHICS1-Mile 3-Mile

Employees 4,788 42,278Establishments 298 2,242Total Population 13,238 90,337

Median Age 25 26Avg. Income $59,433 $59,885

EOS APARTMENTS COMPLETED 2015

296 LUXURY UNITS

East Colonial Drive 48,000± AADT

Downtown Orlando *15 Minutes

Waterford Shopping Mall1,170,000± SF of Retail

*5 minutes

UCF62,000 students

*7 minutes

Research Park9,500± employees

*4 minutesW

oodb

ury

Road

16,0

00±

AADT

Property Features > 1.59± Acre Commercial Site > Full Ingress/Egress along E. Colonial/SR-50 (48,000± AADT) > Visibility and Easy Access to the 408 Expressway to Downtown Orlando > Demand Drivers:

UCF: 60,0000± Students less than 2 miles away Research/Corporate Park: 9,500± Employees less than 1 mile away

> Five minutes from Waterford Shopping Mall (1,170,000± SF of Retail)

Existing Curb Cut

Full ingress/egress from E. Colonial Drive

SITE1.5± acres

Price: $800,000

Demand Drivers - UCF & Research Park

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s).©2016. All rights reserved.

SITE1.59±acres

OPTIONAL3.3± acres

48,000± AADT

UNIVERSITY OF CENTRAL FLORIDA

With 62,000+ students, UCF is second largest university in the nation. UCF is focused on not only creating academic and community leaders, but leaders in research—from vaccines to lasers to green solutions for environmental problems.

You don’t have to leave the Orlando campus to sing along at a concert, watch the Knights score a touchdown, or participate in any of the 350+ clubs and organizations.

UCF7 minute drive

RESEARCH PARK4 minute drive

Site

Demand Drivers - UCF & Research Park

RESEARCH PARK

With 126 companies and 9,500± employees, the Central Florida Research Park (CFRP) is a campus-like environment for business, located adjacent to the University of Central Florida.

CFRP is the largest research park in Florida, the fourth largest in the United States by number of companies, and the seventh largest in the United States by number of employees. CFRP is home to numerous centers hosted by the United States Department of Defense, UCF, and private corporations.

UCF Student HousingProperty Beds

Collegiate Village Inn 399

Campus Crossings I 896Knight's Circle 2536

Boardwalk 480

The Point at Central 1224Northgate Lakes 710

Riverwind 440Village at Alafaya Club 840Quad (The Gatherings) 384

The Edge 390Campus Crossing II 304

Village at Science Drive 732The Lofts 730

Orion on Orpinton 624Sterling Central 896

University House 995NorthView 594

Plaza on University 1310The Retreat 895

Arbour Apartments 560Knight’s Landing 208

Arden Villas 624Tivoli 584

University Apartments 144

Total Beds 17,499

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from.This publication is the copyrighted property of Colliers International and/or its licensor(s).©2016. All rights reserved.

Wateford Lakes to UCF Area Overview

33,500± AADT

Alaf

aya

Trai

l - 5

3,50

0± A

ADT

16,0

00±

AADT

Woo

dbur

y Ro

ad

University Blvd - 62,000± AADT

8,000± AADT

Challenger Pkwy

UCF 62,000+ Students

Research Park 9,500± Employees

Waterford Lakes 1,170,000± Retail SF

East Colonial Drive - 48,000± AADT

Retail Overview

COLLIERS INTERNATIONAL | CENTRAL FLORIDA | 5CONTACT: TREVOR HALL TEL: +1 407 362 6173 DUSTIN BOWERSETT TEL: +1 407 362 6155

Site

PARCEL IDs: 312223000000074; 312223000000029; 312223000000006

SR-50/Colonial Drive - 48,000± AADTAlaf

aya

Trai

l - 5

2,86

0± A

ADT

ContaCt

waterford lakes town Center•Major retailers: Ashley Furniture,

Barnes & Noble, Bed Bath & Beyond, Best Buy, Jo-Ann Fabrics, LA Fitness, Old Navy, OfficeMax, PetSmart, Regal Cinemas 20-Plex, Ross Dress for Less, SuperTarget, T.J. Maxx

•Gla: 950,000 Sq. Ft.

retail Centers•BJ’s wholesale Club

•lowe’s

•shoppes at alafaya trail: Toys “R” Us, Babies “R” Us, Bahama Breeze, Dick’s Sporting Goods

•walmart

•waterford Commons: Beef ‘O’ Brady’s

•waterford Plaza: Gator’s Dockside, McDonald’s, 7-Eleven, Winn-Dixie Marketplace, Edwin Watts Golf

•waterford towers: The Home Depot, Kohl’s, Michaels, Sports Authority, U.S. Post Office

aPartMent CoMPlexes•ashton at waterford lakes: 292 units

•the Crest at waterford lakes Condos: 276 condo units

•Cricket Club, river reach apartments: 300 units

•Cypress lakes at waterford: 316 units

•the fountains at waterford lakes: 400 units

•Polos east at waterford: 307 units

•tortuga Bay at waterford: 314 units

•Victoria Place apartments: 364 units

•the Villas at waterford lakes Condos: 144 condo units

•waterford east apartments: 460 units

1

2

3

MaJor offiCe CoMPlexes•legacy Place: 50,000 square feet

of Class A office space

•lockheed Martin: Micro electronic facility; simulation, training, and support; employing 3,500

•research Park: •1,027-acre office park, the largest

research park in Florida and seventh-largest in the country

•Home to 116 companies with a total of 9,500 employees*

sinGle-faMily residential•avalon Park: 1,860-acre planned

community, $150K–$1M*

•Cypress lakes: $140K–$400K

•eastwood: Golf course community, $100K–$300K*

•estate of fieldstream: $190K–$500K

•fieldstream west and fieldstream north: $100K–$185K

•lake kehoe Preserve: Gated community, $130K–$175K

•stoneybrook: Gated golf community, $150K–$1M*

•sylvan Pond: Homes averaging $114K

•Vizcaya: $118K–$200K

•waterford lakes: 2,000-acre planned community, $100K–$600K

•woodbury Glen: $110K–$180K

other•Carl Black Chevy-Buick-GMC

•firken & kegler: 32 lanes of bowling, arcade

•University of Central florida: Second-largest university (by enrollment) in the country (2012/2013 enrollment of 59,767)*

4

5

6

trade area deMoGraPhiCs•trade area population: 275,205

•total daytime population: 210,272

•trade area households: 93,407

•average annual hh income: $65,477

•Median age: 30.4

sPeCialty retailers, restaUrants, and entertainMentAéropostale, American Eagle Outfitters, Amigos Restaurant & Cantina, Buckle, California Pizza Kitchen, Carter’s, The Children’s Place, Cooper’s Hawk (Coming Soon), Five Guys, Francesca’s Collections, Jeremiah’s Italian Ice, Justice, Lane Bryant, LOFT, Massage Envy, Merle Norman Cosmetics, 100 Montaditos, Panera Bread, Peterbrooke Chocolatier, Pier 1 Imports, SKECHERS USA, Stalhi Boutique, Starbucks Coffee, Sweet! By Good Golly Miss Holly, Tilly’s, ULTA Beauty, Victoria’s Secret, Yankee Candle

Waterford Lakes Town Center is located on the northeast corner of the intersection of Alafaya Trail and SR 408.

Waterford Lakes Town Center is Orlando’s premier outdoor lifestyle center featuring more than 100 specialty shops and a variety of restaurants. Entertainment abounds and shoppers can stroll through more than five acres of lakes, fountains, and park-like settings.

Orlando, Florida

•leasing: Paul Ajdaharian 317.685.7352 | pajdahar@simon.com

•local leasing & Mall Manager: Yvonne Cook 407.737.2866 | ycook@simon.com

•Big Box development: Steve deRiesthal 317.263.7152 | sderiesthal@simon.com

•director of Marketing & Business development: Jamie M. Fraser | 407.737.2866 | jfraser@simon.com

Information accurate as of 5/1/13. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2012).

*Not shown on map

ALAFAYA TRAIL

LAKE

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WOODBURY RD.

SR 4

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WATERFORD LAKES PKWY.

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Wateford Lakes Trade Area Overview

COLLIERS INTERNATIONAL | CENTRAL FLORIDA | 6CONTACT: TREVOR HALL TEL: +1 407 362 6173 DUSTIN BOWERSETT TEL: +1 407 362 6155