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Lake Mary Retail Development 1400 Encore Pl
1,809 - 13,593 SF of 4-Star Retail Space Available in Lake Mary, FL 32746
Highlights
- 13,593 s.f. of retail space and a courtyard of 6,275 s.f. available with construction beginning in Q1 2025
- Both the retail development and Lake Mary Apartments are part of the same property and PUD
- Comprised of a 28’ building height in painted stucco, metal canopies, accent uplights and an overall modern, wooden aesthetic
- Adjacent component of a larger living development (Lake Mary Apartments) that will continue to increase traffic with ±179 units upon completion
- Also adjacent to Allure on Parkway, which has 290 Class-A units; the subject site has 329’ of frontage on Allure Ln
- Great visibility and access from International Parkway (±14,500 VPD) with ±65 parking spaces for retail; the site caters to most retail uses
Space Availability (6)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Restaurant 1 | 3,595 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Restaurant 2 | 1,811 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Restaurant 3 | 1,809 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Retail 1 | 2,056 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Retail 2 | 2,160 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Retail 3 | 2,162 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste Restaurant 1
- Highly Desirable End Cap Space
- Space is in Excellent Condition
1st Floor, Ste Restaurant 2
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste Restaurant 3
- Highly Desirable End Cap Space
- Space is in Excellent Condition
1st Floor, Ste Retail 1
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste Retail 2
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste Retail 3
- Located in-line with other retail
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 1400 Encore Pl , Lake Mary, FL 32746
| Property Type | Retail | Year Built | 2025 |
| Property Subtype | Retail | Construction Status | Proposed |
| Gross Leasable Area | 13,593 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 13,593 SF |
| Year Built | 2025 |
| Construction Status | Proposed |
About the Property
The Lake Mary Retail Development is directly off Interstate 4 and Wekiva Parkway, surrounded by numerous residential and multifamily communities in addition to major workplaces in proximity, including Deloitte Consulting LLP (2,100 employees), JPMorganChase (1,800 employees), the Seminole State College of Florida (1,455 employees), Convergys (1,100 employees) and the new Orlando Health - Lake Mary location slated to open in early 2025 just as construction will take place for the subject property. The site is also across the street from the Colonial Center at Town Park, a 36-acre site with approx. 1M s.f. of rentable office space across its six, Class-A buildings. Its prime location on International Parkway (approx. 168’ of frontage), paired with the multifamily development underway alongside the retail site by the same developer, guarantees the opportunity for strong vehicle and foot traffic driving customers to the retail location. Its location also gives access to the Seminole Wekiva Trail, a 26.5-mile rail-trail spanning from Apopka to Lake Mary to Sorrento. Seminole County is one of the most affluent counties in Florida, filled with well-established neighborhoods and a growing population as demonstrated by the surrounding developments and the $1.6B Wekiva Parkway expansion to accommodate the population influx.
- Courtyard
Nearby Major Retailers
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Brandon McCalla -
Power Broker Billy Rodriguez -
Power Broker Colette Santana -
Taylar Ling -
JLL
Presented by
Lake Mary Retail Development | 1400 Encore Pl
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