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5900 Lake Ellenor Dr
Orlando, FL 32809
Cardinal Point at Lake Ellenor · Office Property For Sale

Investment Highlights

  • Cardinal Point at Lake Ellenor presents an eight-story, 132,991-SF office building with waterfront views and modern finishes in Orlando’s CBD.
  • Property features include a refurbished lobby, a state-of-the-art electronic directory, spacious conference rooms, ample parking, and outdoor seating.
  • Conveniently located in Orlando Central Park, one of the most connected areas in the region, with access to highway, air, rail, and sea transport.
  • Benefit from Orlando’s dynamic economy, deep and highly educated talent pool, and proximity to significant population centers.

Executive Summary

Great owner/user opportunity. Exceptional basis. Excess land available. Discover a premier investment opportunity to acquire Cardinal Point at Lake Ellenor, an eight-story, 132,991-square-foot office building in the heart of Orlando. The asset features a refurbished lobby with modern finishes, large conference rooms, a state-of-the-art electronic directory, on-site security, CCTV surveillance, and monument signage. Tenants enjoy beautiful waterfront views of Lake Ellenor, meticulously landscaped grounds, and serene outdoor patio seating.

5900 Lake Ellenor Drive sits south of Downtown Orlando in Orlando Central Park, home to the corporate offices of AT&T, Publix, Lockheed Martin, Walgreens, and Office Depot. This highly connected area enjoys easy access to Interstate 4, the Florida Turnpike, 408 East-West Expressway, and Beachline Expressway. Additionally, the CSX Intermodal Terminal is approximately 6 miles south of the property, and the Orlando International Airport, which welcomed about 50 million passengers last year, lies about 10 miles south. Port Canaveral, which received nearly 4 million passengers and 5.4 million tons of bulk cargo last year, sits approximately one hour to the east.

The Orlando Market boasts one of the most dynamic economies in the Southeast, driven by continuous population growth and rapid in-migration. The economy benefits from its growing roster of tech and fintech tenants, an established and expanding defense sector, and proximity to world-renowned theme parks. The steady migration of highly educated professionals to Central Florida further strengthens the local community and enriches the available skilled labor pool. Due to its connectivity, significant population centers, and qualified labor pool, WalletHub named Orlando among the top 10 cities in the US in which to start a business in 2023. The continued drive and demand for office space in Orlando offers the ideal opportunity to the discerning investor, and Cardinal Point at Lake Ellenor delivers on all fronts.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
132,991 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1982/2023
Percent Leased
60%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
16,766 SF
Slab To Slab
13’
Building FAR
0.35
Lot Size
8.77 AC
Zoning
I-IND-2/IND-3 - Heavy Industrial
Parking
706 Spaces (5.31 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Property Manager on Site
  • Security System
  • Signage
  • Waterfront
  • Accent Lighting
  • Fully Carpeted
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Reception
  • Wi-Fi
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
22-2329-6348-01-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$16,603,732 CAD
  • Listing ID: 38477867

  • Date on Market: 2023-10-23

  • Last Updated:

  • Address: 5900 Lake Ellenor Dr, Orlando, FL 32809

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