42,098 SF
2.19 acres
1 buildings
3 stories
Built in 1985
Contact Agents
Property Documents
Share This Property
Ray Turchi
Senior Managing Director Investments
[email protected]
Senior Managing Director Investments
[email protected]
(407) 557-3847 (office)
(321) 297-6576 (mobile)
David Vaughan
First Vice President Investments
[email protected]
First Vice President Investments
[email protected]
(407) 557-3829 (office)
(407) 718-2874 (mobile)
Investment Highlights
- 42,098 Rentable Square Foot Office Building | Situated on 2.19 Acres
- Strong Mix of National, Regional & Local Tenants Including The Bainbridge Companies, Edward Jones & Massey Services
- Three-Story Building with two Elevators
- Located on a Hard, Signalized Corner
- Value-Add Upside Through Lease-Up and Below Market Rents
- 208 Parking Spaces | 4.94/1000 Parking Ratio (Includes 40 Additional Spaces Available per Written Parking Agreement with Metro Life Church)
- Site can be Accessed from Red Bug Lake Road and S. Winter Park Drive
- Red Bug Lake Road Connects Property to Semoran Boulevard | Semoran Boulevard Benefits From 79,000 Vehicles per day
- Direct Exposure to Over 133,000 Vehicles per day
- Densely Populated Area | 241,058 Population Within Five Mile Radius
Key Metrics
Cap Rate Current Year:
7.50%
Leveraged Cash-on-Cash Return Current Year:
8.23%
DSCR (Current)
1.49
Price/ SF
$100.95
Listing Agents:
Ray Turchi
David Vaughan
Ray Turchi
(407) 557-3847
David Vaughan
(407) 557-3829