ORLANDO-Millenia Plaza, a 411,534-square foot core regional power center in Orlando, is up for sale. Although no asking price has been disclosed, the seller expects offers to exceed $50 million for the property that is free and clear of existing debt.

The seller, an undisclosed regional private investor, selected HFF to market the property. HFF managing director Brad Peterson and senior real estate analyst Michael Weinberg are leading the efforts.

“Millenia Plaza has the perfect combination of best-in-class traits that investors are seeking in today’s market--a dominant infill trade area which is continuing to strengthen, a rent roll with unparalleled stability and below-market rents,” Peterson tells GlobeSt.com. “Millenia Plaza is the largest and highest-quality single-asset retail center brought to market in north and central Florida in more than three years.”