1211 FLORIDA 436 Active Save Request In-Person Tour Request Virtual Tour
Other City - In The State Of Florida,FL 32707
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 83,520 sqft
Price per Sqft $161
MLS Listing ID A11516213
HOA Y/N No
Lot Size 8.290 Acres
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. An owner can occupy up to 49,906 SF. This is also a prime investment opportunity with an 74.78% current occupancy, generating $1,199,765 per year for a net annual income of $715,898. The actual NOI yields a 5.30% capitalization rate at the full asking price. There is also a potential 8.31% pro-forma capitalization rate when fully leased.
Location
State FL
County Seminole
Area 5940 Florida Other