Building Size | 12,140 Square Feet |
Land Size | 1.02 Acres |
Zoning | C1 |
Parking | 48 |
Water | County |
Sewer | County |
Electric | Duke |
Year Built | 2003 |
Construction | Block/Stucco/Masonry |
Roof | Metal |
Remodeled | 2011-2012 |
A/C Splits | 12, 7 New from 2021 |
Leased 100% | Single Tenant |
Terrific NNN Investment Opportunity!
This Building is 100% occupied by a strong National, Engineering Credit Tenant with 3.5 years remaining on the Lease, with a five year extension option. The property is managed by a professional third party company.
This two Story Building is like new! Two stories, with an elevator. Each floor has two separated units, currently functioning for one tenant but easily divided for 1,2,3 or 4 tenants. There are 4 ADA restrooms on each floor. Currently configured for private lockable offices, cubicle space, two large conference rooms, large, executive offices, work areas, break areas, strorage and reception
This Building is located in a very low office vacancy area, servicing Winter Springs, Oviedo, UCF Area, Casselberry, Maitland, Winter Park and Longwood.
NOI for June & July 2022 was an average of $19051.65 actual. Annual is projected $228,619.80+/-. This averages to a 7% Cap for closing.
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The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.