Premier Winter Springs NNN Office For Sale

  SOLD December 2022 for $3,188,733

1016 Spring Villas Point, Winter Springs, Florida 32708


Documents
Building Size12,140 Square Feet
Land Size1.02 Acres
ZoningC1
Parking48
WaterCounty
SewerCounty
ElectricDuke
Year Built2003
ConstructionBlock/Stucco/Masonry
RoofMetal
Remodeled2011-2012
A/C Splits12, 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.

A completed non disclosure is required for additonal information.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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