News Summary
A 1,924 square feet restaurant space at 2 S. Orange Ave. in downtown Orlando is available for lease. The location, previously occupied by Mason’s Famous Lobster Rolls, offers a nearly complete interior buildout and presents an opportunity for new culinary concepts to thrive in the area. Broker Jeré Matheny aims to attract a fast-casual dining concept led by a Michelin chef to enhance the downtown dining scene.
Orlando
A prime restaurant space located on the ground floor of an office building in downtown Orlando has become available for lease once again, following the departure of its previous tenant. The space, situated at 2 S. Orange Ave., sits at the intersection of Orange Avenue and Central Boulevard, making it a key location within the bustling urban center.
The total area of the restaurant facility is 1,924 square feet and is classified as second-generation space, indicating that much of the initial groundwork has already been laid for any new occupant. The property is now being marketed for lease by Jeré Matheny, the vice president of brokerage services at First Capital Property Group, who aims to attract a suitable tenant to the space.
The recent availability of this restaurant space comes after the previous leaseholder, Dominick Chiuchiolo, who was operating Tampa-based Mason’s Famous Lobster Rolls, chose to vacate the premises after a two-year lease. This represents an opportunity for new dining concepts to enter the downtown Orlando culinary scene, especially as the area continues to grow and attract visitors.
Interior Buildout Progress
It has been reported that the interior buildout of the restaurant space is nearly 75% complete, which may streamline the transition for a new tenant looking to establish their operations quickly. This existing readiness could be advantageous for prospective businesses aiming to minimize startup time and expenses while moving into an established area.
Focus on Culinary Excellence
Matheny has expressed a strong interest in attracting a fast-casual dining concept led by a Michelin chef to the location. This ambition reflects a growing trend in the Orlando area, where culinary excellence and unique dining experiences are in high demand among locals and visitors alike. The addition of such a renowned culinary figure would enhance the downtown dining landscape and potentially draw more patrons to the area.
Market Position and Promotion
The listing for this restaurant space has been described as quiet, suggesting that it has not been heavily promoted in the market thus far. This situation could indicate a more strategic approach in finding the right tenant rather than a rush to fill the vacancy. The careful consideration for the type of concept that enters this prime location may ultimately benefit the neighborhood’s dining reputation.
Context in Downtown Orlando
Downtown Orlando has seen a surge in popularity over recent years, becoming a vibrant hub for dining, entertainment, and commerce. The area’s growth has been supported by various businesses and cultural attractions, attracting both residents and tourists seeking diverse culinary options. The increase in foot traffic and interest in the downtown locale makes it an appealing spot for new restaurants and eateries.
In summary, the ground-floor restaurant space at 2 S. Orange Ave. presents a noteworthy opportunity for new tenants in a dynamic and evolving market. With significant buildout already completed and a prime location, there is potential for a fresh dining experience that could further enrich the downtown Orlando area.
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