Hialeah-based All Uniform Wear paid $1.42 million on May 26 for a stand-alone retail store fronting The Florida Mall, and is interested in finding similar property to buy in Kissimmee near its current leased space, a principal with the company told GrowthSpotter.
Located at 1563 Florida Mall Ave., the 9,328-square-foot building originally housed a Pier 1 Imports when it was built in 1994, and was most recently leased by non-profit Career Source.
The property was only on market for about a month before going under contract, said Patrick Goetz, vice president with Bishop Beale who represented the seller, an LLC affiliate of the late Robert Rizika in Palm Beach Gardens.
Tim Dickerson of Intervest Realty Resources represented the buyer, with the sale recorded Friday in Orange County.
All Uniform Wear, which sells and embroiders a variety of work and school uniforms, has had its lone Orlando store in 6,000 square feet of leased space on Crystal Clear Lane, just off Orange Blossom Trail near The Florida Mall.
"We were attracted to this opportunity because we're already located right across the street, so it won't be a far distance for our current customers to look for us. It's a much bigger and nicer location to shop," said principal Edleen Morera. "We hope to start renovating immediately, and submit plans to the city as early as next week. The move won't likely happen until September, because our busy season is the months of July and August."
The company is currently considering bids from two general contractors that would also provide architectural services for the renovation, she said. Morera declined to estimate how much the company will invest overall.
All Uniform Wear has 22 stores in Florida and four out of state, with the new Orlando location being only the second property the company owns.
It's other location in Greater Orlando is in Kissimmee, where the company is leasing space at 3159 W. Vine Blvd. It's there that Morera said she may look to buy their next real estate asset.
"Ideally we'll find 7,000 to 10,000 square feet in a building that's close to our current location," she said.