Powers Plaza
Value Add Retail | 8.80% Cap | $188/SF
Marketing description
Franklin Street is pleased to offer Power Plaza, a well-located multi-tenant retail center at 6308 W Colonial Drive in Orlando. The property sits directly on W Colonial, one of the area’s busiest commercial corridors, offering strong visibility, heavy daily traffic, and consistent tenant demand.
The center is surrounded by established national retailers like Walmart, Sam’s Club, Harbor Freight, McDonald’s, and Advance Auto Parts, creating a solid draw to the trade area. This stretch of Colonial serves as a major east-west artery for the Orlando market, supporting steady consumer activity and long-term stability.
Power Plaza is currently stabilized with a diverse mix of tenants, many of whom are paying rents below today’s market rates. This provides immediate income today with clear mark-to-market upside as leases roll. The property has been well maintained and historically enjoys strong occupancy. Overall, this is a solid opportunity to acquire a cash-flowing retail asset with room to grow in one of Orlando’s most established and high-traffic retail corridors.
Investment highlights
Prime Location & Visibility
- Frontage on W Colonial Drive with 50,000+ VPD
- Strong visibility and signage exposure
- Central Orlando corridor with major commuter traffic
- Access from both Colonial Drive and Powers Drive
Dense & Established Trade Area
- Close to Walmart, Sam’s Club, Harbor Freight, McDonald’s, Advance Auto, and more
- High residential density and strong daytime population
- Proven retail corridor with steady demand
Attractive Asset Features
- Well-maintained multi-tenant retail center
- Stable occupancy with a diverse tenant mix
- Consistent in-place income
Value-Add Opportunity
- Below-market rents with clear mark-to market upside
- Upside through renewals and new leasing
- Long-term appreciation along a major Orlando retail artery
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