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Senica Bend Executive Center

2020 Winter Springs Boulevard, Oviedo, Florida 32765
Sold: $1,400,000
Senica Bend Executive Center

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
8,000 sqft
Land Size
1.28 acres
Water
City of Oviedo
Zoning
PUD
Year Built
1998
Roof
Composite Asphalt Shingle
Parking
5 per Unit / 40 spaces total
New Roof
2018
Cape Rate
7.01%
Occupancy
100%
Construction
Concrete Block & Brick
Traffic Count
10,000+/-

Property Description

This free-standing professional office building is located in Oviedo at the entrance to Tuscawilla. This property is ideal for investment as the property is 100 percent occupied and is generating close to $100k in net operating income. The current building configuration features eight office suites averaging 1,000 sf +/- for a total of 8,000 gross sf. for the entire building. It also features an over-sized parking lot with 5 parking spaces per unit. Each office suite has a private exterior entrance via a covered wrap around walkway that is wheel chair accessible. The building is owned by original owners and is currently fully leased out with long term tenants. Rents average $17.50+/- per sq. ft. The property has a NEW ROOF (2018) and a ton of curb appeal. Don’t miss your opportunity to own one of Tuscawilla’s only office buildings. Call today for a showing.

  • 7.01% cap rate on actual income and expenses
  • 7,755 net leaseable
  • $99,833 NOI

Location

Contact

Kevin M. Eaton
Kevin M. Eaton
eXp Commercial, LLC
Office: (407) 706-3579
[email protected]