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1700 Keene Rd - Lake Carter Exchange

2,665 - 14,515 SF Condo Units Offered at $1,334,446 - $6,932,236 CAD Per Unit in Apopka, FL 32703

Investment Highlights

  • Discover the new retail, medical, and office buildings at Lake Carter Exchange, a forthcoming mixed-use development in Apopka.
  • Alternative plans include a ±14,515 square-foot daycare building with dedicated covered entrances for arrivals arrivals and discharges.
  • Strategically located off the State Road 429 (69,500 AADT) hospital exit on Ocoee Apopka Road, less than 1 mile from Advent Health Hospital.
  • Development features standalone retail and medical buildings. The retail buildings include direct frontage, drive-thru, and flexible patio space.
  • Enjoy high exposure with 650 feet of frontage off the Ocoee-Apopka and W Keene Roads intersection, with monument and building façade signage.
  • Capitalize on Apopka's growth as Central Florida's second-fastest growing city, recognized for its pro-business environment and strong infrastructure.

Executive Summary

Lake Carter Exchange is a premier mixed-use development at the highly visible junction of Ocoee-Apopka and W Keene Roads. This innovative project features standalone modern dark gray shell buildings, offering prime retail and medical/office opportunities starting at $950,000. With attractive drive-thru options and over 2,000 square feet of versatile patio space, the development caters to various businesses, including restaurants, retail, medical, and office users. Furthering the property's flexibility, Lake Carter Exchange presents a unique opportunity for childcare providers. Alternative plans call for an 11,505-square-foot daycare building with a dedicated covered drop-off/pick-up area and a spacious 3,010-square-foot outdoor playground. With prominent monument and building signage options, the development boasts impressive street frontage,650 feet on Ocoee-Apopka Road and 350 feet on W Keene Road, ensuring direct access and visibility for businesses and customers. Less than a mile from Advent Health's new seven-story, 120-bed hospital and directly across from the upcoming Publix, Lake Carter Exchange is poised for success in a burgeoning community. The average annual income within a five-minute drive radius is an impressive $117,621, and with Apopka being the second-fastest-growing city in Central Florida, boasting over 20 million square feet of planned commercial and industrial development, the potential for business growth is considerable. Highlighted in Florida Trend's January 2022 edition as an emerging, business-friendly community, Apopka offers beneficial partnerships, incentives, and robust infrastructure. With an additional 5,000 residences planned in the trade area through 16 new developments, Lake Carter Exchange will be an exceptional destination for business in this rapidly growing locale.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Property Facts

Price $1,334,446 - $6,932,236 CAD
Unit Size 2,665 - 14,515 SF
No. Units 14
Total Building Size 61,928 SF
Property Type Retail
Property Subtype
Storefront Retail/Office
  • Office Medical
Building Class B
Floors 1
Typical Floor Size 61,928 SF
Lot Size 18.86 AC

14 Units Available

Unit 1

Unit Size 6,392 SF
Price $3,595,981 CAD
Price Per SF $562.58 CAD
Condo Use Retail
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 2

Unit Size 5,304 SF
Price $2,795,313 CAD
Price Per SF $527.02 CAD
Condo Use Retail
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 3

Unit Size 6,392 SF
Price $3,371,232 CAD
Price Per SF $527.41 CAD
Condo Use Retail
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 4

Unit Size 7,004 SF
Price $3,694,308 CAD
Price Per SF $527.46 CAD
Condo Use Retail
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 5

Unit Size 7,004 SF
Price $3,947,151 CAD
Price Per SF $563.56 CAD
Condo Use Retail
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 10

Unit Size 4,030 SF
Price $1,868,224 CAD
Price Per SF $463.58 CAD
Condo Use Office
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 11

Unit Size 2,665 SF
Price $1,334,446 CAD
Price Per SF $500.73 CAD
Condo Use Office
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 6

Unit Size 5,556 SF
Price $2,598,658 CAD
Price Per SF $467.72 CAD
Condo Use Office
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 7

Unit Size 2,665 SF
Price $1,334,446 CAD
Price Per SF $500.73 CAD
Condo Use Office
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 8

Unit Size 2,665 SF
Price $1,334,446 CAD
Price Per SF $500.73 CAD
Condo Use Office
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 9

Unit Size 5,556 SF
Price $2,626,752 CAD
Price Per SF $472.78 CAD
Condo Use Office
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 12

Unit Size 2,665 SF
Price $1,334,446 CAD
Price Per SF $500.73 CAD
Condo Use Office
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit 13

Unit Size 4,030 SF
Price $1,868,224 CAD
Price Per SF $463.58 CAD
Condo Use Office
Sale Type Investment or Owner User
Description

Premier Mixed-Use Development situated at the intersection
of Ocoee-Apopka Road and W Keene Road with dark grey
shell buildings for retail and medical/office opportunities

Unit MEDICAL

Unit Size 14,515 SF
Price $6,932,236 CAD
Price Per SF $477.59 CAD
Condo Use Office/Medical
Sale Type Investment or Owner User
Description

An additional plan option includes a ±14,515 square-foot daycare building with dedicated covered entrances for arrivals and discharges. See the site plan layout for more information.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
2,874
34,341
120,355
285,288
2029 Population
3,027
36,097
124,254
292,667
2024-2029 Projected Population Growth
5.3%
5.1%
3.2%
2.6%
Median Age
37.1
37.5
38.8
39.5
College Degree + Higher
29%
28%
24%
19%
Daytime Employees
741
6,801
30,387
106,049
Total Businesses
90
890
3,982
13,850
Average Household Income
$88,937
$88,111
$83,152
$85,243
Median Household Income
$81,521
$71,020
$65,576
$62,590
Total Consumer Spending
$30.9M
$357.1M
$1.2B
$3B
2024 Households
982
11,417
39,863
100,642
Average Home Value
$320,974
$312,160
$308,312
$327,475
$ values in USD

Nearby Amenities

Hotels

Hilton Garden Inn
114 rooms
9 min drive
Home2 Suites by Hilton
98 rooms
11 min drive
Hampton by Hilton
112 rooms
12 min drive
WoodSpring Suites
105 rooms
14 min drive

zoning

Zoning Code P-D (Planned Development)
P-D (Planned Development)

Sale Advisors

Sale Advisors

(407) 872-0177 x119
Contact
Trey Gravenstein, Vice President of Brokerage Services | Partner
(407) 872-0177 x119
Contact
Trey joined First Capital Property Group as a sales and leasing associate in 2015. His focus is on tenant and landlord representation with experience in retail, office, and industrial transactions. Trey is very keen in extrapolating market data and analytics to uncover the highest and best use for a specific property and end user for optimal success. Trey works side by side with owners to develop strategies and merchant plans to add value in asset management, acquisition / disposition, and leasing.

Trey’s prior experience was with Level 2 Direct serving as the Vice President of Sales. Level 2 Direct is Luxemburg based hedge fund company that is a leader in customer acquisitions with footprints both onshore and offshore. Trey’s background allows him to serve clients effectively by providing short-term real estate solutions that align with long term asset strategies. Since 2015, Trey’s has been involved in the sale and lease of over $118,500,000 in overall transaction volume including his own portfolio. Trey is currently responsible for a portfolio of 1,100,000 SF of commercial real estate.
(863) 232-9361 x122
Contact
Michael Castrilli, Senior Sales & Leasing Associate
(863) 232-9361 x122
Contact
Michael joined First Capital Property Group, Inc. (FCPG) as a sales and leasing associate in 2018. His focus is on tenant and landlord representation with experience in retail and office transactions. Michael is very skilled in listening to the needs and goals of a landlord to develop strategies that add value in asset management, leasing and acquisition of property. He works with property owners in developing strategies to lease, acquire, and sell commercial assets.

Michael understands the demands, needs, and concerns of both tenant and landlord. He has over 10 years of experience leasing and managing his family’s commercial real estate properties and has run a very successful limited liability company for 9.5 years. Experiencing both roles of tenant and landlord gives him a unique perspective that enables him to serve as a knowledgeable and effective representative for both. Since 2018, Michael has been involved in over $46,600,000 in overall transaction volume. Currently, he is responsible for a portfolio of 800,000 SF of commercial real estate.
  • Listing ID: 29300504

  • Date on Market: 2023-08-17

  • Last Updated:

  • Address: 1700 Keene Rd, Apopka, FL 32703

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