1211 FLORIDA 436

Other City - In The State Of Florida, Florida 32707, USA

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. An owner can occupy up to 44,181 SF. This is also a prime investment opportunity with an 77.21% current occupancy, generating $1,245,809 per year for a net annual income of $759,910.80. The actual NOI yields a 5.87% capitalization rate at the full asking price. There is also a potential 9% pro-forma capitalization rate when fully leased.