927 Fern Street
106,178 SF Industrial/Office Facility For Sale
Marketing description
Lee & Associates Central Florida is pleased to present the exceptional opportunity to acquire 927 Fern St., Altamonte Springs, FL 32701, a ±106,178 SF industrial/office facility strategically positioned in the heart of one of Seminole County’s most established commercial corridors. Situated with excellent access to major thoroughfares, including S.R. 436, I-4, and S.R. 434, the property provides regional connectivity for logistics, office operations, and service-based users.
Offered as an owner user or heavy value-add / opportunistic investment, the asset represents a chance to acquire a sizable, functional building in the Altamonte Springs submarket at a basis approximately 50% below stabilized investment sale comparables. With current occupancy at ±46%, the project delivers immediate upside potential through thoughtful lease-up, repositioning, or redevelopment strategies tailored to the submarket’s strong tenant demand.
This offering presents users and investors with a compelling opportunity to secure a considerable, versatile asset at an attractive price point in one of Central Florida’s most resilient and high performing suburban markets.
Investment highlights
Portfolio Size: 106,178 SF
Total Acres: ±5.6
1st Floor Industrial: 72,732 SF
2nd Floor Professional Office: 33,446 SF
Number of Tenants: 6
WALT: 2.1 Years
Occupancy: ±46%
In-Place NOI: $435,941
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