$13,850,000
( $165.83Per Sq Foot )
$74,350 est/mo Sourced by Back At You1211 Florida 436 , Other City - In The State Of Flo, FL 32707
Other City - In The State Of Flo, FL 32707
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 5.17% capitalization rate at the full asking price. There is also a potential 8.1% pro-forma capitalization rate when fully leased.
Details
| MLS# | A11516213 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 238 |
| Listing Provided By | RE/MAX 5 Star Realty | John DeMarco |
Features
| SQ Feet | 83,520 |
|---|---|
| Acreage | 361112.00 |
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Learn More About This Property
| State | FL |
|---|---|
| County | Seminole County |
| City | Other City - In The State Of Flo |
| Zip Code | 32707 |
| Area | 5940 Florida Other |
| Subarea | Other Geographic Area (Out Of Area Only) |
| Listing VS Median (in 32707) | |
Price: $13,850,000 low | high Med: $13,850,000 SqFt: 83,520 low | high Med: 83,520 $ / SqFt: $166 low | high Med: $166 On Site: 238 low | high Med: 238.000000 | |
Listing Updated: September 11, 2024 at 10:04:33 PM PDT