50 Gemini BlvdOrlando, FL 32765

Property Details for 50 Gemini Blvd

Year built

1971

Property size (Sq ft)

85,000 SF

Property type

Healthcare properties

Property subtype

Other retail properties

Description

This exceptional 85,000 square foot Class B commercial property, located at 50 Gemini Blvd N, Oviedo, FL 32765, presents a unique investment opportunity. Built in 1971, this multi-tenant building offers two available spaces ranging from 3,571 to 8,724 square feet, ideal for traditional office or medical office uses. The property boasts a prime location on the campus of the University of Central Florida, the second largest university in the U.S., providing unparalleled access to a substantial and growing student population of over 70,000. The surrounding area also features over 25,000 households within a three-mile radius, boasting an average household income exceeding $71,000 annually. The property benefits from significant pedestrian traffic, with approximately 375 events drawing crowds through Knights Plaza each year. Further enhancing its appeal are the 2,000 student housing beds located within the plaza itself, along with the proximity to over 12,000 UCF faculty and employees, and over 120,000 alumni residing in Orange County. This combination of factors creates a highly desirable location with strong potential for sustained growth and high occupancy rates. The property is categorized as Retail, Office with subtypes including Traditional Office, Medical Office, and Storefront.

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.6067

Longitude

-81.197

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