1211 FLORIDA 436 Other City - In The State Of Florida, Florida
MLS#: A11516213
$11,750,000 USD
Listed By RE/MAX 5 Star Realty
The Office for Sale located at Other City - In The State Of Florida, Florida is currently for sale. Other City - In The State Of Florida, Florida is listed for $11,750,000. If the property located at Other City - In The State Of Florida, Florida isn't what you're looking for, visit https://www.sheliagasson.com to see other Offices for Sale in Other City - In The State Of Florida .
Date Updated : Jan 23, 2025
Property features
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!
Location
