1211 Florida 436

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. Up to 44,181 SF can be made available for an owner-user if needed, as owner occupied units can be available at closing. This is also a prime investment opportunity with an 83% current occupancy, generating $1,495,607 per year for a net annual income of $945,148. The actual NOI yields a 8.04% capitalization rate at the full asking price. There is also a potential 9.52% pro-forma capitalization rate when fully leased. An perfect opportunity for an owner-user or an investor! Lowest price per square foot building in this asset class!