Property Description

This Class A corporate center boasts an impressive 83,520 SF of total space, including 80,035 SF of leasable area, strategically located near Winter Park in Orlando. The subject property underwent some renovations, featuring upgraded lighting and flooring. Up to 44,181 SF can be made available for an owner-user if needed, as owner occupied units can be available at closing. This is also a prime investment opportunity with an 83% current occupancy, generating $1,408,222 per year for a net annual income of $857,764. The actual NOI yields a 7.30% capitalization rate at the full asking price. There is also a potential 9.53% pro-forma capitalization rate when fully leased. An perfect opportunity for an owner-user or an investor! Lowest price per square foot building in this asset class!

Address Map
FL
Seminole County
Other City - In The State Of Florida
32707
1211 FLORIDA 436
0
W82° 40' 37.1''
N28° 38' 14''
MLS Addon
371
: Sale

Commercial Sale For Sale

1211 FLORIDA 436, Other City - In The State Of Florida, Florida 32707

361,112 Sqft
$11,750,000
Listing ID #A11516213
Basic Details
Property Type : Commercial Sale
Property SubType : Office
Listing Type : For Sale
Listing ID : A11516213
Price : $11,750,000
Lot Area : 361,112 Sqft
Building Area : 83,520 Sqft
Status : Active
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