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Waterford Lakes Town Center 303-881 N Alafaya Trl

3,128 - 9,803 SF of Retail Space Available in Orlando, FL 32828

Highlights

  • 701,950 GLA, open-air center that ranks as the #1 most-visited lifestyle center in all of FL; #4 in the nation, with 13.6 million visitors annually
  • Impeccable mix of tenants ranging from nationally-recognized retailers to local tenants across over 100 suites
  • Positioned along Alafaya Trl (58,500± AADT) and directly off SR-408 (72,500± AADT) with excellent highway visibility and a convenient on/off-ramp
  • Incredibly rare availability at a trophy site that historically commands a fully-occupied tenant roster, including 2nd-generation restaurant space
  • Serves as the go-to destination for UCF (3.0 mi) students and long-term residents alike given its diverse sprawl of businesses
  • Leading destination of the busy Alafaya Trl retail corridor due to its renown roster, visibility and record-breaking sales

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 107
  • 6,675 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 107
Space Use
Retail
Availability
Now

2nd generation restaurant space.

  • 1st Floor, Ste 86
  • 3,128 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 86
Space Use
Retail
Availability
March 01, 2025
Space Size Term Rental Rate Rent Type
1st Floor, Ste 107 6,675 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 86 3,128 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

413-557 N Alafaya Trl - 1st Floor - Ste 107

Size
6,675 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
Now

2nd generation restaurant space.

413-557 N Alafaya Trl - 1st Floor - Ste 86

Size
3,128 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
March 01, 2025

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.

PROPERTY FACTS FOR 303-881 N Alafaya Trl , Orlando, FL 32828

Center Type Power Center
Parking 13,766 Spaces
Stores 112
Center Properties 24
Frontage
2,909’ on Alafaya Trl
  • 3,199’ on Waterford Lakes Pky
Gross Leasable Area 1,029,379 SF
Total Land Area 184.14 AC
Year Built 2000

About the Property

A premier lifestyle center, Waterford Lakes Town Center boasts an irreplaceable opportunity in an iconic location. Located in Orlando's upscale West University submarket, Waterford Lakes Town Center is Florida’s premier grocery-anchored lifestyle center, attracting 13.6 million visits annually. This 700,000+ square-foot property spread across 79 acres hosts a diverse mix of high-quality tenants that blend lifestyle and essential services. Positioned just three miles south of the University of Central Florida, the center benefits from strong demographics in one of the fastest-growing metro areas in the U.S. Key tenants include Super Target (shadow), TJ Maxx, Ross Dress for Less, Best Buy, Panera Bread, and Bath & Body Works, alongside recent additions like Lululemon, Nike, Shake Shack, Warby Parker, Sephora, and Tiger Woods' PopStroke, making it an attractive location for both established and emerging retailers seeking high visibility and robust sales.

  • Air Conditioning
  • Dedicated Turn Lane
  • Freeway Visibility
  • Property Manager on Site
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Golden Krust
Longhorn Steakhouse
Duffy's Sports Grill
Orangetheory Fitness
Bonefish Grill
Smokey Bones Bar & Fire Grill
Gators Dockside
Sprouts Farmers Market
Cooper's Hawk Winery & Restaurant
  • Listing ID: 34392558

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: 303-881 N Alafaya Trl, Orlando, FL 32828

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