1211 Florida 436
About this property
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 45k SF. This is also a prime investment opportunity with an 77.21% current occupancy, generating $1,245,809 per year for a net annual income of $759,910.80. The actual NOI yields a 6.36% capitalization rate at the full asking price. There is also a potential 9.51% pro-forma capitalization rate when fully leased.
About this property
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 45k SF. This is also a prime investment opportunity with an 77.21% current occupancy, generating $1,245,809 per year for a net annual income of $759,910.80. The actual NOI yields a 6.36% capitalization rate at the full asking price. There is also a potential 9.51% pro-forma capitalization rate when fully leased.
Features and Additional Information
Presented By PPI REALTY
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Brokerage: RE/MAX 5 Star Realty
