Listed by Anderson Commercial Advisors
$950,000
Office Building For Sale/East Orlando
Details
APN 04-22-31-8935-02-010
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 2,700
Net Rentable (SqFt) 2,700
Units 3
Cap Rate 8.00%
NOI $75,780
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 2015
Buildings 1
Stories 1
Zoning Office
Parking Spaces spaces
Investment Type Stabilized
Tenant Credit No Credit Rating
Ownership Fee Simple
Office Building | 2,700 SF / East Orlando / 8% CAP / $950,000
Marketing description
Presenting a prime opportunity for an owner-user or investor: a well-maintained office building featuring three suites in Orlando, Orange County, FL 32817, located at 11851 High Tech Ave. This property allows a buyer to occupy one suite while benefiting from income generated by the remaining two leased suites.
Perfect Location for an small professional firm, lawyer, real estate, tech, Therapist, Counselor, etc.
Very quiet place. Jogging trail surrounding Lake Ebby shared with Siemens Corporate offices.
Walking distance to restaurants and business stores.
Near UCF, and many significant corporate companies
Investment highlights
- Great Location University Blvd, UCF, Alafaya Trail, Quadrangle Area, Siemens
- Each Unit 900 sf
- 3 Tenants
- Opportunity to Occupy 1 Suite and Leasing the other 2.
- Area is growing aggressively
Listing Contacts
Listed by Anderson Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,780.00
$6,315.00/mo
Valuation Metrics
0
DSCR
7.98%
Cap Rate
7.98%
ROI
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