Office Space Commercial Property for Sale , 1211 FLORIDA 436, Property #, Other City - In The State Of Florida, FL 32707, MLS:A11516213

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Office Space

$14,500,000

1211 FLORIDA 436 Other City - In The State Of Florida, FL

A11516213

165 of 167 for Sale

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Legal Description:

Listed On:
Jan 18, 2024
Days on Market:
102
Year:
Taxes:
n/a
Floor Description:
Occupancy:
Zoning:
Parking:

1211 FLORIDA 436 Other City - In The State Of Florida, FL 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.

For Sale Details

Photo Count
20
Property Type
Commercial Sale
SqFt Total
361112

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