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Downtown Investment Opportunity! 701 E South St 9,918 SF 100% Leased Office Building Orlando, FL 32801 $3,342,388 CAD ($337.00 CAD/SF) 6.16% Cap Rate
Investment Highlights
- Long-term, single-tenant- Governmental agency
- Signalized Intersection with ample parking on-site with views of Lake Olive and Constitution Park
- Beautifully renovated, including bathrooms, flooring, custom millwork in conference rooms, interior and exterior painting.
- 0.62 acre site, 10,243 leased SF in Downtown Orlando
Executive Summary
Rarely available site at the signalized corner of South Street and Summerlin Avenue. Downtown Orlando with views of scenic Constitution Park and Lake Olive.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,918 SF
Building Class
B
Year Built/Renovated
1986/2022
Price
$3,342,388 CAD
Price Per SF
$337.00 CAD
Cap Rate
6.16%
NOI
$205,891 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,959 SF
Slab To Slab
10’
Building FAR
0.37
Lot Size
0.62 AC
Zoning
O-1/T - Professional Office
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Orange County Government
- Health Care and Social Assistance
- 9,918 SF
- -
- Full Service
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Orange County Government | Health Care and Social Assistance | 9,918 SF | - | Full Service | - |
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Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 25-2229-4712-00-050 | Improvements Assessment | $336,541 CAD |
| Land Assessment | $1,713,006 CAD | Total Assessment | $2,049,546 CAD |
Property Taxes
Parcel Number
25-2229-4712-00-050
Land Assessment
$1,713,006 CAD
Improvements Assessment
$336,541 CAD
Total Assessment
$2,049,546 CAD
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Downtown Investment Opportunity! | 701 E South St
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