460 E Altamonte Dr, Altamonte Springs, FL 32701

Investment or Redevelopment Opportunity

Altamonte Oaks is a premier 31,635 Class A medical/retail building offering significant upside for investors or owners-users. Located on SR 436, the Property benefits from massive traffic counts and proximity to major demand drivers like AdventHealth. Anchored by an investment-grade Bank of America branch, the building features modern 2022 renovations, an attractive atrium lobby, and high0-density medical build-outs on the upper floors. With a generous parking ratio and easy SunRail access, the property is perfectly positioned for long-term tenant retention.

* Strategic Access & Exposure: Features a full-access traffic signal directly on SR 426, providing seamless ingress/egress for all directions and exposure to 63,000 AADT.

* Immediate Owner/User Potential: Opportunity to occupy the entire 3rd floor (10,738 SF) and up to 5,247 on the 2nd floor, offering a flexible path for an owner-user to scale operations.

* Medical Hub Proximity: Situated less than a half mile from Advent Health Altamonte, benefiting from a high concentration of over 385 local physicians.

* Reduced Capital Exposure: Major 2022 renovations and a 2015 roof (under warranty through 2030) significantly limit near-term CAPEX requirements.

* Infrastructure & Connectivity: Capitalizes on the I-4 Ultimate project and newly completed SR436 pedestrian improvements (widened/lighted pathways), enhancing access to the regional workforce.

* Below Replacement Cost: Offered at a significant discount to current construction costs and pre-COVID valuations, ensuring a competitive basis for the next owner.

* Future Upside & Development: The 2.96 acre site offers long-term potential for additional uses or high-densty redevelopment, including multi-family or commercial.