1211 FLORIDA 436, Other City - In The State Of Florida FL 32707
1211 FLORIDA 436, Other City - In The State Of Florida FL 32707
$14,500,000
Basics
- Date added: Added 10 months ago
- Category: Commercial Sale
- Type: Office
- Status: Active
- County Or Parish: Seminole County
- DOM: 1
- Lot Size Square Feet: 361112 sq ft
Description
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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 45,348 SF. This is also a prime investment opportunity with an 86.3% current occupancy, generating $1,474,799 per year for a net annual income of $979,711. The actual NOI yields a 6.5% capitalization rate at the full asking price. There is also a potential 8.5% pro-forma capitalization rate when fully leased at $21.00 per SF NNN.
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Location
- Street Name: FLORIDA 436
- Street Number: 1211
- State: FL
- Province: FL
- Zip / Postal Code: 32707
Building Details
- Building Area Total: 83520 sq ft
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