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1803 Park Center Dr

Orlando, FL 32835

$4,800,000

Medical For Sale  •  22,315 Sq Ft

Property Details

  • Property Type Medical
  • Total Building Size 22,315 Sq Ft
  • Lot Size 1.3 ac
  • Building Class B
  • Year Built 1991
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning AC-2, Orlando
33 Transit Score
57 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

Professional Office Investment Opportunity
Offered at 7 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: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Cancer Research Institute 2,000 SF 3/31/2023
EDA-Acaletics 2,000 SF
J&L Insurance Solutions 1,500 SF
Morning Star Insurance Agency 2,000 SF 9/30/2022
Nexus 2,512 SF

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Controlled Access
  • Golf Course
  • Security System
  • Signage
  • Skylights
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Orlando International Airport 29 min - 15.8 mi
Orlando Sanford Airport 47 min - 34.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 115
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