1211 FLORIDA 436, Other City – In The State Of Florida, FL 32707
For Sale
1211 FLORIDA 436, Other City - In The State Of Florida, FL 32707
Overview
Property ID: HZ16038297
- CommercialSale
- 83520.0
Description
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.
Address
Open on Google Maps- Address 1211 FLORIDA 436
- City Other City - In The State Of Florida
- State/county FL
- Zip/Postal Code 32707
- Country United States
Details
Updated on January 25, 2024 at 10:32 pm- Property ID: HZ16038297
- Price: $14,500,000
- Property Size: 83520.0 Sqft
- Land Area: 361112.0 Sqft
- Property Type: CommercialSale
- Property Status: For Sale
- MLS#: A11516213
- Office Name: RE/MAX 5 STAR REALTY
- Agent Name: John DeMarco
- MLS Status: Active
Additional details
- County: Seminole County
- Property SubType: Office
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