Basic Information
- MLS # A11516213
- Type Office
- Status Closed
- Total Size 361,112 Sq.Ft / 8.29 Acre
- Date Listed 01/18/2024
- Days on Market 484
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 $1,495,607 per year for a net annual income of $945,148. The actual NOI yields a 8.04% capitalization rate at the full asking price. There is also a potential 9.52% 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!
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Office
Interior Features
- Adjusted Sqft 8.29 AcreSq.Ft
- Sqft 8.29 Acre Sq.Ft
Property Features
- Address 1211 Florida 436th
- Aprox. Lot Size 361,112
- Furnished Info no
- Subdivision Complex
- Subdivision Info
- Tax Amount $0
- Tax Year 0
- Type of Property Office
1211 Florida 436th
Other City - In The State Of Florida, FL 32707Similar Properties For Sale
The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX 5 Star Realty. tel: 954-361-0000
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