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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20624308
20624223

850 E Altamonte Dr, Altamonte Springs, FL 32701

MK
AZ BR004901000
Colliers - Phoenix, Arizona
Colliers - Orlando, Florida
RS
FL 454651
Colliers - Orlando, Florida
Listed by Colliers - Phoenix, Arizona, Colliers - Orlando, Florida
$15,690,000
574 days on market
Updated 8 days ago

850 Altamonte

Details
APN 12-21-29-5BE-0000-4350
Property Type Office
Sub Type Traditional Office
Square Footage 98,204
Cap Rate 11.00%
Occupancy 100%
Brand/Tenant IntouchCX Inc.
Price per SqFt $160
Year Built 1976,
Year Renovated 2016, 2017
Acreage 8.790
Zoning MOR-2 (Mixed Office Residential), City of Altamonte Springs

100% NNN Leased Office Investment

Marketing description

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire 850 Altamonte (the “Property”), a ±98,204 square foot, seven-story office property that is 100% occupied by IntouchCX on a NNN lease. Strategically located on a generous +/-8.79 acre site in Altamonte Springs, Florida between two major highways, and a short walk from a station for the commuter train SunRail, the generously sized site is easily accessible and highly visible.

IntouchCX is a global contact management leader that serves the world’s top corporations and has the capacity to employ 1,000 crewmembers from this location. The

Property is across from Altamonte Springs City Hall in the city centre, surrounded by restaurants, apartments, residential neighborhoods, and other amenities.

This Property offers investors a significant opportunity to enjoy stabilized, reliable income from an institutional-quality occupant, with at a generous return, and the potential to densify the site in the future.

Investment highlights

  • HANDS FREE OVERSIGHT OF HIGHLY QUALIFIED TENANT

  • IDEAL EMPLOYER FOR THIS TRADE AREA

  • STABLE CASH FLOW – EXCELLENT RETURNS

  • CONVENIENT SITE PLAN, ACCESS, AND PARKING

Listing Contacts

MK
AZ BR004901000
Colliers - Phoenix, Arizona
Colliers - Orlando, Florida
RS
FL 454651
Colliers - Orlando, Florida
Listed by Colliers - Phoenix, Arizona, Colliers - Orlando, Florida

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