Waterford Lakes Town Center 303-881 N Alafaya Trl 1,018 - 101,994 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; #6 in the nation, with 14.1 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 spaces
  • 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 (15)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RENT
  • SERVICE TYPE
  • 1st Floor, Ste 1
  • 1,511 SF
  • Negotiable
  • Upon Application
  • TBD
881-895 N Alafaya Trl - 1st Floor - Ste 1
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd generation restaurant space.

  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Corner Space
  • 1st Floor, Ste 103
  • 23,406 SF
  • Negotiable
  • Upon Application
  • TBD
651-753 N Alafaya Trl - 1st Floor - Ste 103
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 105 (2026)
  • 4,200 SF
  • Negotiable
  • Upon Application
  • TBD
651-753 N Alafaya Trl - 1st Floor - Ste 105 (2026)
Space Use
Retail
Condition
-
Availability
01/01/2026
  • 1st Floor, Ste 107
  • 6,675 SF
  • Negotiable
  • Upon Application
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 107
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd generation restaurant space.

  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Corner Space
  • 1st Floor, Ste 14 (2026)
  • 2,300 SF
  • Negotiable
  • Upon Application
  • TBD
881-895 N Alafaya Trl - 1st Floor - Ste 14 (2026)
Space Use
Retail
Condition
-
Availability
01/01/2026
  • 1st Floor, Ste 16
  • 35,000 SF
  • Negotiable
  • Upon Application
  • TBD
825 N Alafaya Trl - 1st Floor - Ste 16
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 27-28 (2026)
  • 1,200 SF
  • Negotiable
  • Upon Application
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 27-28 (2026)
Space Use
Retail
Condition
-
Availability
01/01/2026
  • 1st Floor, Ste 31 (2026)
  • 1,200 SF
  • Negotiable
  • Upon Application
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 31 (2026)
Space Use
Retail
Condition
-
Availability
01/01/2026
  • 1st Floor, Ste 34
  • 1,018 SF
  • Negotiable
  • Upon Application
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 34
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 74
  • 1,758 SF
  • Negotiable
  • Upon Application
  • TBD
441-517 N Alafaya Trl - 1st Floor - Ste 74
Space Use
Retail
Condition
Partial Build-Out
Availability
Now
  • Partially Built-Out as Standard Retail Space
  • 1st Floor, Ste 79-80
  • 6,000 SF
  • Negotiable
  • Upon Application
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 79-80
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd generation restaurant space.

  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • 1st Floor, Ste 82A
  • 2,976 SF
  • Negotiable
  • Upon Application
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 82A
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 83
  • 3,039 SF
  • Negotiable
  • Upon Application
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 83
Space Use
Retail
Condition
Partial Build-Out
Availability
Now
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
  • 1st Floor, Ste 86
  • 3,128 SF
  • Negotiable
  • Upon Application
  • TBD
413-557 N Alafaya Trl - 1st Floor - Ste 86
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Corner Space
  • 1st Floor, Ste 90-92
  • 2,452-8,583 SF
  • Negotiable
  • Upon Application
  • TBD
651-753 N Alafaya Trl - 1st Floor - Ste 90-92
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Divisible.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
Space Size Term Rent Service Type
1st Floor, Ste 1 1,511 SF Negotiable Upon Application TBD
1st Floor, Ste 103 23,406 SF Negotiable Upon Application TBD
1st Floor, Ste 105 (2026) 4,200 SF Negotiable Upon Application TBD
1st Floor, Ste 107 6,675 SF Negotiable Upon Application TBD
1st Floor, Ste 14 (2026) 2,300 SF Negotiable Upon Application TBD
1st Floor, Ste 16 35,000 SF Negotiable Upon Application TBD
1st Floor, Ste 27-28 (2026) 1,200 SF Negotiable Upon Application TBD
1st Floor, Ste 31 (2026) 1,200 SF Negotiable Upon Application TBD
1st Floor, Ste 34 1,018 SF Negotiable Upon Application TBD
1st Floor, Ste 74 1,758 SF Negotiable Upon Application TBD
1st Floor, Ste 79-80 6,000 SF Negotiable Upon Application TBD
1st Floor, Ste 82A 2,976 SF Negotiable Upon Application TBD
1st Floor, Ste 83 3,039 SF Negotiable Upon Application TBD
1st Floor, Ste 86 3,128 SF Negotiable Upon Application TBD
1st Floor, Ste 90-92 2,452-8,583 SF Negotiable Upon Application TBD

881-895 N Alafaya Trl - 1st Floor - Ste 1

Size
1,511 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd generation restaurant space.

  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Corner Space

651-753 N Alafaya Trl - 1st Floor - Ste 103

Size
23,406 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

651-753 N Alafaya Trl - 1st Floor - Ste 105 (2026)

Size
4,200 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
-
Availability
01/01/2026

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

Size
6,675 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd generation restaurant space.

  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Corner Space

881-895 N Alafaya Trl - 1st Floor - Ste 14 (2026)

Size
2,300 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
-
Availability
01/01/2026

825 N Alafaya Trl - 1st Floor - Ste 16

Size
35,000 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

413-557 N Alafaya Trl - 1st Floor - Ste 27-28 (2026)

Size
1,200 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
-
Availability
01/01/2026

413-557 N Alafaya Trl - 1st Floor - Ste 31 (2026)

Size
1,200 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
-
Availability
01/01/2026

413-557 N Alafaya Trl - 1st Floor - Ste 34

Size
1,018 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

441-517 N Alafaya Trl - 1st Floor - Ste 74

Size
1,758 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

  • Partially Built-Out as Standard Retail Space

413-557 N Alafaya Trl - 1st Floor - Ste 79-80

Size
6,000 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2nd generation restaurant space.

  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition

413-557 N Alafaya Trl - 1st Floor - Ste 82A

Size
2,976 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

413-557 N Alafaya Trl - 1st Floor - Ste 83

Size
3,039 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning

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

Size
3,128 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Corner Space

651-753 N Alafaya Trl - 1st Floor - Ste 90-92

Size
2,452-8,583 SF
Term
Negotiable
Rent
Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Divisible.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

SELECT TENANTS AT WATERFORD LAKES TOWN CENTER

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Ashley
  • Furniture/Mattress
  • 1,062
  • International
  • Best Buy
  • Consumer Electronics
  • 1,301
  • International
  • LA Fitness
  • Fitness
  • 911
  • International
  • PetSmart
  • Pet Shop/Supplies
  • 1,876
  • International
  • Target
  • Dept Store
  • 2,653
  • International
  • ULTA Beauty
  • Health & Beauty Aids
  • 2,023
  • National
TENANT DESCRIPTION US LOCATIONS REACH
Ashley Furniture/Mattress 1,062 International
Best Buy Consumer Electronics 1,301 International
LA Fitness Fitness 911 International
PetSmart Pet Shop/Supplies 1,876 International
Target Dept Store 2,653 International
ULTA Beauty Health & Beauty Aids 2,023 National

PROPERTY FACTS

Total Space Available 101,994 SF
Min. Divisible 1,018 SF
Centre Type Power Center
Parking 13,766 Spaces
Stores 112
Centre Properties 24
Frontage
2,909 ft on Alafaya Trl
  • 3,199 ft on Waterford Lakes Pky
Gross Leasable Area 1,010,521 SF
Total Land Area 184.19 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 13.8 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 Turning Lane
  • Motorway Visibility
  • Property Manager on Site
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalised Junction
Walk Score®
Very Walkable (75)

NEARBY MAJOR RETAILERS

Starbucks
Orangetheory Fitness
Bonefish Grill
Smokey Bones
Golden Krust
LongHorn Steakhouse
Duffy's Sports Grill
Portillo's
Sprouts Farmers Market
The Brass Tap
  • Listing ID: 34392558

  • Date on Market: 08/04/2025

  • Last Updated:

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