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Lake Destiny Exec Center I 1101 N Lake Destiny Dr 57,526 SF 90% Leased 4-Star Office Building Maitland, FL 32751 $12,096,875 CAD ($210.29 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Stabilized Cash-Flowing Asset: Approximately 94% occupied with a diverse mix of national and local tenants.
- Strategic Location: Positioned just off Interstate 4 and Maitland Boulevard in the affluent Maitland Center submarket.
- Affluent Surrounding Demographics: Over 100,000 residents within a three-mile radius with average household incomes exceeding $83,000.
- Anchored by National Tenant: ClearChoice Dental Implant Centers serves as the anchor, enhancing credit quality and tenant stability.
- Covered Parking & Lake Views: Features basement-level covered parking and backs up to Lake Destiny, offering scenic views and tenant amenities.
- Strong Office Submarket: Located in one of Orlando’s most established office corridors, with a healthy leasing environment and limited competition.
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present for sale the Lake Destiny Center (the “Property”), a four-story, ±57,526-square-foot office building located at 1101 North Lake Destiny Road in Maitland, Florida. The Property is situated in the affluent Maitland Center submarket within the greater Orlando area.
Lake Destiny Center is approximately 94% occupied and offers investors a stabilized, cash-flowing asset with a well-diversified tenant mix that includes both national and local occupants. Anchored by ClearChoice Dental Implant Centers, the Property features large monument signage, covered parking in the basement garage, and lakefront views that enhance tenant appeal.
Strategically located along Interstate 4 just off the Maitland Boulevard exit, the Property benefits from excellent visibility, accessibility via Maitland Boulevard and Wymore Road, and proximity to a dense residential population of over 100,000 within a three mile radius with average household incomes exceeding $83,000.
With staggered lease expirations and minimal near-term rollover, Lake Destiny Center presents a compelling opportunity for an investor seeking a well-located, income producing asset in one of Orlando’s most established office corridors.
Lake Destiny Center is approximately 94% occupied and offers investors a stabilized, cash-flowing asset with a well-diversified tenant mix that includes both national and local occupants. Anchored by ClearChoice Dental Implant Centers, the Property features large monument signage, covered parking in the basement garage, and lakefront views that enhance tenant appeal.
Strategically located along Interstate 4 just off the Maitland Boulevard exit, the Property benefits from excellent visibility, accessibility via Maitland Boulevard and Wymore Road, and proximity to a dense residential population of over 100,000 within a three mile radius with average household incomes exceeding $83,000.
With staggered lease expirations and minimal near-term rollover, Lake Destiny Center presents a compelling opportunity for an investor seeking a well-located, income producing asset in one of Orlando’s most established office corridors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
57,526 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1985/2016
Price
$12,096,875 CAD
Price Per SF
$210.29 CAD
Cap Rate
8%
NOI
$967,263 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
14,382 SF
Building FAR
0.22
Lot Size
6.00 AC
Zoning
WS-RT - West Side Research Technology
Parking
140 Spaces (2.43 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Security System
- Signage
- Waterfront
- Air Conditioning
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Premier Class-A office space in one of Maitland’s most accessible and scenic business corridors.
Suite 410 Virtual Tour - https://my.matterport.com/show/?m=QJvP3JxMFYH
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 2,322 SF | Office | - | Now |
| 4th Fl-Ste 410 | 3,219 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 2,322 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
4th Fl-Ste 410
| Size |
| 3,219 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100
| Size | 2,322 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Premier Class-A office space in one of Maitland’s most accessible and scenic business corridors.
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
4th Fl-Ste 410
| Size | 3,219 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 410 Virtual Tour - https://my.matterport.com/show/?m=QJvP3JxMFYH
1 1
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
8,405
101,732
245,996
2024 Population
8,687
104,625
255,691
Population Growth '20-'24
3.4%
2.8%
3.9%
2020 Households
3,574
44,289
103,091
2024 Households
3,703
45,801
107,742
Household Growth '20-'24
3.6%
3.4%
4.5%
Average Age
39
41
41
Median Household Income
$57,336
$58,971
$63,224
Daytime Employees
16,521
77,506
195,746
Total Businesses
1,629
9,681
24,036
College Degree + Higher
36%
35%
37%
$ values in USD
PROPERTY TAXES
| Parcel Number | 26-2129-0000-00-001 | Improvements Assessment | $4,679,304 CAD |
| Land Assessment | $2,982,047 CAD | Total Assessment | $7,661,351 CAD |
PROPERTY TAXES
Parcel Number
26-2129-0000-00-001
Land Assessment
$2,982,047 CAD
Improvements Assessment
$4,679,304 CAD
Total Assessment
$7,661,351 CAD
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Lake Destiny Exec Center I | 1101 N Lake Destiny Dr
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