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1701 Park Center Dr

Orlando, FL 32835

$7,600,000

Medical For Sale  •  36,091 Sq Ft

Property Details

  • Property Type Medical
  • Total Building Size 36,091 Sq Ft
  • Lot Size 2 ac
  • Building Class A
  • Year Built 2000
  • Cap Rate 8.24 %
  • Tenancy Multiple
  • Zoning O-2, Orlando
33 Transit Score
55 Walk Score

Description

Office building investment opportunity in the booming Metro West Orlando District. Multi-tenanted building renovated in 2018. Well-established tenants with long-term leases. All leases have annual increases and below market rents. Seller is highly motivated to make a deal with cash buyers.

Great location in SW Orlando, and just a few miles from I-4 and Highway 408. Centrally located in the beautiful Metro West golf community and minutes away from Universal Studios and Disney World. This property is next to Valencia Community College and close to hospitals located in the area.

Highlights

Offered at 8.24 Cap Rate
Highly Motivated Retiring Seller
Below Market Modified Gross Rents
Great Investment For Absentee Owners
Management Services Is Offered For Future Owner

Property Flyers

Financial Summary

Cap Rate: 8.24 %

Major Tenants

Tenant SF Occupied Lease End Date
Design Center of Orlando 5,500 SF 1/31/2023
FITNESS BOOTCAMP-NATIONAL 3,000 SF
Global Tours and Travel 6,000 SF
OHLA USA- LANGUAGE SCHOOL 10,030 SF
ORLANDO VENTURES GROUP, LLC 2,680 SF
PRIMEAMERICA INSURANCE 2,600 SF 4/30/2025
Psychriatic Center 800 SF 11/30/2023
Red Ember (AT & T) 1,000 SF
The BlackMine Group 7,757 SF 3/31/2022
The REI Network 3,382 SF 11/30/2022

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Golf Course
  • Property Manager on Site
  • Security System
  • Signage
  • Skylights

Public Transportation

AirportDriveWalkDistance
Orlando International Airport 30 min - 15.9 mi
Orlando Sanford Airport 46 min - 34.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 200
Type: Surface
Included in Rent: Yes
Mike Halimeh 321-293-0120 SVN FLORIDA REAL ESTATE ADVISORS
Mike Halimeh 321-293-0120 SVN FLORIDA REAL ESTATE ADVISORS