11701 Orpington St, Orlando, FL 32817

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1 Professional Space for Lease Orpington St, Orlando, FL Listing ID: Status: Active Property Type: Office For Lease Office Type: Business Park, Governmental Contiguous Space: 1,250 SF Total Available: 1,250 SF Lease Rate: $22-26 PSF (Annual) Base Monthly Rent: $2,291-2,708 Lease Type: NNN Nearest MSA: Orlando-Kissimmee-Sanford County: Orange Tax ID/APN: Class of Space: Class B Gross Building Area: 2,500 SF Building/Unit Size (RSF): 2,500 SF Property Visibility: Good Close to the intersection of SR Highway Access: 50 and Alafaya Trial. Easy access to UCF and SR 417 Overview/Comments Office space with spacious, ample parking lot, easy access from both Alafaya and Colonial, Beautiful elevation, with separate grand entrance, 1250 SF rentable space, with a Bathroom, attic access, Multipurpose layout in place, Lobby, and two rooms are tiled, and the rest of the rooms are carpeted. Well lighted from two sides, A- absolute fit if you need a private, yet easily accessible or B- perfect nook in a central location for a regal office More Information Online QR Code Scan this image with your mobile device: Property Contacts Indrasena R Kasireddy BLISSFUL REAL ESTATE LLC [M] [O] indra@brefl.com Page 1

2 Market Summary August, 2018 Florida 26.6 million SF Commercial Space For Sale 57,509 Acres Land & Farm For Sale 20.3 million SF Commercial Space For Lease $5.4 billion Total Sale Price Current Statistics for Florida Property Type Listings Asking Lease Rate Asking Sale Price Below List Days on Market Total Available Industrial 807 $6.48 PSF $51.06 PSF 17.1% million SF Office 3,085 $16.39 PSF $ PSF 8.6% million SF Retail-Commercial 1,626 $14.47 PSF $ PSF 13.5% million SF Shopping Center 448 $11.92 PSF $ PSF 8.4% million SF Vacant Land 2,728 $1.49 PSF $1.40 PSF 18.9% billion SF Farm/Ranch 16 - $0.28 PSF million SF Hospitality 16 - $ PSF ,317 SF Multi-Family 84 - $ PSF 8.3% ,214 SF Frequency: Statistics are compiled at the beginning of each month. Reliability: The quality of the data will vary based on many factors, including whether or not your CIE verifies the data on an ongoing basis. Statistics based on larger numbers of listings (as indicated by the "Listings" column) are generally more trustworthy. Accuracy: We make all attempts to normalize these stats, but make no guarantees about their accuracy. Outliers (extremely high or low values) are excluded from calculations. Counts: Listing and Transaction counts reflect the number of records with price and size information within valid ranges. The actual counts of all records in the CIE are larger. Weighted Averages: Price averages are weighed using the square footage available. Direct: Lease statistics are direct (exclude subleases). Lease Types: Because of discrepancies in how lease types (NNN, Gross, etc) are reported, we ignore differences in type all types are folded together into the lease rate stats. Below List: Reflects the average percent difference between the original listed price and the final transaction price. Net Absorption: We calculate absorption using a 90 day period. Locations: We only allow filters for locations with at least 100 active listings. Asking vs. Reported: "Asking" prices are based on active listings for the chosen locale, while "Reported" prices are calculated using completed transactions as reported by CIE members. Disclaimer: All statistics on this page have been gathered from user-loaded listings and userreported transactions. We have not verified accuracy and make no guarantees. By using the information provided on this page, the user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using. Statistics courtesy of: My Florida Commercial Real Estate Page 2

3 Demographics, Labor/Workforce, and Consumer Expenditures Orpington St, Orlando, FL Disclaimer: While we believe this information (via GeoLytics) to be reliable, we have not checked its accuracy and make no guarantee as to its validity. By using the information provided on this page, the user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using. Population 2020 Projection 18, , , Estimate 16, , , Census 14, , ,824 Growth % 11.49% 10.29% Growth % 14.96% 12.82% Population (Male) 2020 Projection 9,757 65, , Estimate 8,731 58, , Census 7,176 51, ,050 Growth % 11.61% 10.36% Growth % 15.6% 13.38% Page 3

4 Population (Female) 2020 Projection 9,216 64, , Estimate 8,232 58, , Census 7,112 50, ,774 Growth % 11.37% 10.22% Growth % 14.31% 12.26% Population by Age (2015 Estimate) Age 0 to 5 1,246 8,352 18,490 Age 5 to 10 1,066 7,644 18,413 Age 10 to ,294 16,511 Age 15 to ,790 15,935 Age 20 to ,927 17,217 Age 25 to 30 1,359 9,022 19,345 Age 30 to 35 1,750 10,558 20,589 Age 35 to 40 1,842 10,930 20,815 Age 40 to 45 1,678 10,307 20,504 Age 45 to 50 1,422 9,223 19,878 Age 50 to 55 1,156 7,938 18,454 Age 55 to ,583 16,280 Age 60 to ,251 13,624 Age 65 and over 1,446 12,452 34,504 Total Population 16, , ,559 Median Age Age 0 to 5 Age 5 to 10 Age 10 to 15 Age 15 to 20 Age 20 to 25 Age 25 to 30 Age 30 to 35 Age 35 to 40 Age 40 to 45 Age 45 to 50 Age 50 to 55 Age 55 to 60 Age 60 to 65 Age 65 and over 7% 7% 7% 6% 7% 7% 5% 5% 6% 4% 5% 6% 5% 6% 6% 8% 8% 7% 10% 9% 8% 11% 9% 8% 10% 9% 8% 8% 8% 7% 7% 7% 7% 5% 6% 6% 4% 4% 5% 9% 11% 13% Median Age (Male) 2010 Census Median Age (Female) 2010 Census High School Graduates Age 25+ by Educational Attainment (2015 Estimate) High School Graduate (or GED) 2,342 18,157 41,651 Some College, No Degree 2,860 19,610 42,887 Associate or Bachelor's Degree 1,117 8,144 17,783 Master's Degree 1,165 6,359 13,780 Professional School Degree 159 1,327 3,102 Doctorate Degree 168 1,120 2,268 Total High School Graduates Age 25+ 7,811 54, ,471 High School Graduate (or GED) Some College, No Degree Associate or Bachelor's Degree Master's Degree Professional School Degree Doctorate Degree 30% 33% 34% 37% 36% 35% 14% 15% 15% 15% 12% 11% 2% 2% 3% 2% 2% 2% Page 4

5 Households 2020 Projection 7,414 42, , Estimate 6,635 38,244 92, Census 5,514 33,372 82,364 Growth % 11.11% 10.07% Growth % 14.6% 12.49% Population in Households 2010 Census 14, , ,824 Average Household Size 2020 Projection Estimate Census Growth % 0% 0% Growth % 0.02% 0.37% Page 5

6 Households by Household Type and Size and Presence of Children (2015 Estimate) Family Households 2,942 23,105 61,603 Married-couple family 1,712 15,398 43, ,994 20, ,404 23,055 Male Householder: 379 2,265 5,070 no wife present , ,358 2,856 Female Householder: no husband 851 5,442 12,557 present 472 3,022 6, ,420 5,665 Nonfamily Households 3,693 15,139 31,049 1 Person households 1,935 7,944 17, Unrelated people 1,758 7,195 13,180 Total Households 6,635 38,244 92,652 Family Households Married-couple family Male Householder: no wife present Female Householder: no husband present Nonfamily Households 1 Person households 2+ Unrelated people 44% 60% 66% 26% 40% 47% 12% 18% 23% 14% 22% 25% 6% 6% 5% 2% 2% 2% 4% 4% 3% 13% 14% 14% 7% 8% 7% 6% 6% 6% 56% 40% 34% 29% 21% 19% 26% 19% 14% Page 6

7 Households by Household Income (2015 Estimate) Less than $25,000 2,114 9,703 19,442 $25,000 to $49,999 2,047 11,082 23,098 $50,000 to $74,999 1,113 7,406 18,353 $75,000 to $99, ,823 12,059 $100,000 to $124, ,340 8,092 $125,000 to $149, ,372 4,882 $150,000 to $199, ,225 4,314 $200,000 or more ,412 Total Households 6,635 38,244 92,652 Average Household Income $51, $58, $68, Median Household Income $42, $47, $58, Less than $25,000 $25,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $124,999 $125,000 to $149,999 $150,000 to $199,999 $200,000 or more 32% 25% 21% 31% 29% 25% 17% 19% 20% 9% 13% 13% 4% 6% 9% 3% 4% 5% 3% 3% 5% 0% 1% 3% Households by Household Income (2020 Projection) Less than $25,000 2,363 10,804 21,497 $25,000 to $49,999 2,286 12,335 25,556 $50,000 to $74,999 1,242 8,230 20,280 $75,000 to $99, ,314 13,182 $100,000 to $124, ,599 8,831 $125,000 to $149, ,527 5,325 $150,000 to $199, ,362 4,702 $200,000 or more ,608 Total Households 7,414 42, ,981 Average Household Income $49, $56, $68, Median Household Income $44, $46, $58, Less than $25,000 $25,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $124,999 $125,000 to $149,999 $150,000 to $199,999 $200,000 or more 32% 25% 21% 31% 29% 25% 17% 19% 20% 9% 13% 13% 4% 6% 9% 3% 4% 5% 3% 3% 5% 0% 1% 3% Per Capita Income 2015 Estimate $20, $18, $23, Unemployment Rate 2015 Estimate 10.4% 9.82% 8.88% Page 7

8 Population Age 16+ By Employment Status (2015 Estimate) Labor Force 10,946 70, ,408 Civilian, Employed 9,968 64, ,276 Civilian, Unemployed 978 5,896 12,132 Not in Labor Force 4,622 34,914 79,526 Total Population Age , , ,934 Labor Force Civilian, Employed Civilian, Unemployed Not in Labor Force 70% 67% 67% 64% 61% 62% 6% 6% 5% 30% 33% 33% Employed Civilian Population Age 16+ by Industry (2015 Estimate) Agriculture, forestry, fishing and hunting, mining and 979 4,905 10,393 construction Manufacturing 575 3,601 8,633 Wholesale & retail trade 1,266 10,406 24,769 Transportation and warehousing, and 373 3,464 7,561 utilities Information 422 2,257 4,555 Finance, insurance, real estate and 492 2,974 8,732 rental and leasing Professional, scientific, and 1,908 9,835 23,858 technical services Educational, health and social services 1,944 13,090 30,753 Arts, entertainment, recreation, accommodation and 2,016 11,440 22,335 food services Other services (except public 734 5,241 13,118 administration) Public Administration 573 3,189 6,977 Total Employed Civilian Population Age ,282 70, ,684 Agriculture, forestry, fishing and hunting, mining and construction Manufacturing Wholesale & retail trade Transportation and warehousing, and utilities Information Finance, insurance, real estate and rental and leasing Professional, scientific, and technical services Educational, health and social services Arts, entertainment, recreation, accommodation and food services Other services (except public administration) Public Administration 9% 7% 6% 5% 5% 5% 11% 15% 15% 3% 5% 5% 4% 3% 3% 4% 4% 5% 17% 14% 15% 17% 19% 19% 18% 16% 14% 7% 7% 8% 5% 5% 4% Housing Units by Tenure (2015 Estimate) Vacant Housing Units 528 2,918 8,207 Occupied Housing Units 6,635 38,244 92,652 Owner- Occupied 1,773 20,679 58,149 Renter- Occupied 4,862 17,565 34,503 Total Housing Units 7,163 41, ,859 Vacant Housing Units Occupied Housing Units Owner- Occupied Renter- Occupied 7% 7% 8% 93% 93% 92% 25% 50% 58% 68% 43% 34% Page 8

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