1211 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. 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!
Details
| MLS# | A11516213 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 385 |
| 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 |
| 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: $11,750,000 low | high Med: $6,475,000 SqFt: 83,520 low | high Med: 44,372 $ / SqFt: $141 low | high Med: $185 On Site: 385 low | high Med: 198.500000 | |
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