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ChampionsGate Office Building

8390 ChampionsGate Boulevard, Champions Gate, Florida 33896
Sold: $7,275,000
ChampionsGate Office Building

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
44,836 sqft
Land Size
3.05 acres
Zoning
PUD (Osceola County)
Year Built
2001
Floors
3
Tenants
14
Parking
176 Spaces (3.93/1000 SF)
Occupancy
100%

Property Description

The ChampionsGate Office Building is a three (3) story, Class “A” office building containing 44,836 rentable square feet, situated on 3.05 acres within the ChampionsGate resort community in the Tourist Corridor of Orlando, Florida. Originally constructed in 2001, the building is currently 100% leased to 14 tenants. An outstanding amenity base exists nearby with quick access to the ChampionsGate Omni Resort, 36 holes of golf courses, a Publix-anchored shopping center, restaurants, banks and other retail stores. Its proximity to I-4, the Reunion Resort, and the Celebration community provide additional demand for office space in this highly-desirable resort location. With rapidly improving market conditions in the immediate vicinity, a new owner will be well-positioned to create significant value enhancement through additional lease-up of vacant space and renewal of the in-place rents up to current market levels. Multiple commercial projects are under construction in the immediate vicinity including a 308 unit multifamily town center project with 24,000 square feet of retail space, a 100 unit assisted living facility, expansions at the Omni Resort and many other retail outparcels.

This location is the geographic center of the state allowing easy access to any part of the state. The property has excellent access to the Walt Disney World Resort, Orlando International Airport, Interstate 4, the 417 Greeneway, State Road 429, US Highway 27 and the 528 Beachline.

Location

Contact

Joseph L. Rossi, CCIM
Joseph L. Rossi, CCIM
Colliers International Central Florida
Office: (407) 362-6139
[email protected]