$300k NOI | Absolute NNN | 10 YR Lease 7335 Lake Ellenor Dr 7,558 SF Office Building Orlando, FL 32809 $6,671,520 CAD ($882.71 CAD/SF) 6.25% Cap Rate

7335 Lake Ellenor Drive is a fully remodeled, Class A single-tenant office building in the heart of the Orlando MSA, 100% leased under a brand-new 10-year absolute NNN lease. The asset delivers $300,000 of in-place NOI from day one at a 6.25% cap rate, with a potential Year 1 IRR of 11.79% when accelerated depreciation benefits are factored in.
The absolute NNN structure is best-in-industry. The tenant is directly responsible for all operating expenses, real estate taxes, insurance, maintenance, repairs, roof, and HVAC — leaving ownership with zero responsibility and a truly passive income stream. The lease carries a, new 120-month term with two (2) five-year renewal options and 5% rent escalations every five years, and is backed by a very strong, both corporate and a personal guarantee.
The tenant is an established real estate investment, commercial development, and high-end, luxury residential construction firm that redeveloped this building as its own purpose-built corporate headquarters — the strongest form of long-term commitment a single tenant can make. Approximately $2.5 million was invested in a 2024–2025 top-to-bottom modernization including a new roof, new HVAC, new premium exterior cladding, a complete interior reconstruction, redesigned parking and landscaping, and monument signage. The result is an asset with the appearance and functionality of new construction, and none of the deferred maintenance risk of a legacy building.
The two-story, 7,599 ± SF building sits on 0.63 ± acres, fenced and gated, with 25 parking spaces. Its central Orlando location offers immediate access to I-4, SR-528 (Beachline Expressway), John Young Parkway, International Drive, and The Florida Mall, and places it minutes from Orlando International Airport and downtown — within one of the nation’s fastest-growing metropolitan economies, in a state with no personal income tax.
Download the Offering Memorandum for full lease abstract, income analysis, other key metrics, and photography — or contact the listing broker directly with questions or to schedule a tour.