1211 FLORIDA 436, Other City - In The State Of Florida, 32707

  • $13,950,000

Listing UP for Sale

Other City - In The State Of Florida

1211 FLORIDA 436, Other City - In The State Of Florida, 32707

Other City - In The State Of Florida

  • $13,950,000

Overview

Property ID: A11516213
  • Property Type
  • Office
  • 361112
  • Lot sqft

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 49,906 SF. This is also a prime investment opportunity with an 74.78% current occupancy, generating $1,199,765 per year for a net annual income of $715,898. The actual NOI yields a 5.1% capitalization rate at the full asking price. There is also a potential 8% pro-forma capitalization rate when fully leased.

  • Address 1211 FLORIDA 436
  • City Other City - In The State Of Florida
  • State/county Florida
  • Zip/Postal Code 32707

Details

Updated on May 18, 2024 at 10:45 am
  • Property ID: A11516213
  • Price: $13,950,000
  • Land Area: 361112 sqft
  • Property Type: Office
  • Property Status: Listing UP for Sale

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John DeMarco
  • John DeMarco