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Sand Lake Professional Building 890 N State Road 434 14 668 pi² 65% Loué Bureau Immeuble Altamonte Springs, FL 32714 4 799 950 $ CAD (327,24 $ CAD/pi²) 6,62% Taux de capitalisation



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Faits saillants de l'investissement
- ±14,924 SF recently upgraded commercial office building on ±1.2 acres
- Convenient access to SR 436 and Interstate 4. Located within one of Orlando’s strongest regional office and retail markets
- Strong owner-user opportunity with ability to occupy the entire building or a portion while retaining a existing tenant occupying approximately 50-65%
- Remodeled interiors throughout both floors. Second floor features executive corner offices with private bathrooms.
- New roof membrane with warranty New rooftop HVAC units
Résumé de l'annonce
890 N State Road 434 | Altamonte Springs, FL
±14,924 SF Office Building on ±1.2 Acres | Owner-User Opportunity
Zoning discussions with the City indicate potential for retail use, expanding the range of viable end-users to include professional services, medical users, and service-oriented businesses.
890 N State Road 434 presents a rare opportunity to acquire a well-located, recently upgraded commercial office building along one of Altamonte Springs’ primary corridors. Situated on approximately 1.2 acres, this ±14,924 square foot, two-story property offers exceptional flexibility for both owner-users and investors.
The building is ideally suited for an owner-user seeking to occupy all or a portion of the space while benefiting from immediate in-place income. An existing tenant currently occupies approximately 50%–65% of the building, providing a stable revenue stream and reducing carrying costs from day one.
Designed for functionality and professionalism, the property features flexible office layouts, multiple conference rooms, open common areas, and dedicated break rooms. Additional highlights include elevator service, secure card-gated entry, and executive second-floor corner offices with private bathrooms—ideal for leadership or premium client-facing use.
Recent capital improvements significantly enhance the asset’s value and longevity, including fully remodeled interior spaces, a new roof membrane with warranty, and new rooftop HVAC units.
Positioned with strong frontage and visibility along State Road 434, the property benefits from high daily traffic counts and excellent accessibility to SR 436 and Interstate 4. Located within one of the Orlando MSA’s most established and dynamic office and retail submarkets, the asset is further supported by the planned Altamonte Town Center redevelopment, which is expected to drive continued growth and demand in the immediate area.
Key Highlights:
±14,924 SF two-story office building on ±1.2 acres
Owner-user opportunity with existing income in place
Tenant occupies approximately 50%–65% of building
Recent upgrades: remodeled interiors, new roof (warranty), new HVAC
Elevator service and secure card-gated access
Executive offices with private baths
Strong visibility and high traffic corridor
Easy access to SR 436 and I-4
Potential retail conversion (per city discussions)
Located near planned Altamonte Town Center redevelopment
±14,924 SF Office Building on ±1.2 Acres | Owner-User Opportunity
Zoning discussions with the City indicate potential for retail use, expanding the range of viable end-users to include professional services, medical users, and service-oriented businesses.
890 N State Road 434 presents a rare opportunity to acquire a well-located, recently upgraded commercial office building along one of Altamonte Springs’ primary corridors. Situated on approximately 1.2 acres, this ±14,924 square foot, two-story property offers exceptional flexibility for both owner-users and investors.
The building is ideally suited for an owner-user seeking to occupy all or a portion of the space while benefiting from immediate in-place income. An existing tenant currently occupies approximately 50%–65% of the building, providing a stable revenue stream and reducing carrying costs from day one.
Designed for functionality and professionalism, the property features flexible office layouts, multiple conference rooms, open common areas, and dedicated break rooms. Additional highlights include elevator service, secure card-gated entry, and executive second-floor corner offices with private bathrooms—ideal for leadership or premium client-facing use.
Recent capital improvements significantly enhance the asset’s value and longevity, including fully remodeled interior spaces, a new roof membrane with warranty, and new rooftop HVAC units.
Positioned with strong frontage and visibility along State Road 434, the property benefits from high daily traffic counts and excellent accessibility to SR 436 and Interstate 4. Located within one of the Orlando MSA’s most established and dynamic office and retail submarkets, the asset is further supported by the planned Altamonte Town Center redevelopment, which is expected to drive continued growth and demand in the immediate area.
Key Highlights:
±14,924 SF two-story office building on ±1.2 acres
Owner-user opportunity with existing income in place
Tenant occupies approximately 50%–65% of building
Recent upgrades: remodeled interiors, new roof (warranty), new HVAC
Elevator service and secure card-gated access
Executive offices with private baths
Strong visibility and high traffic corridor
Easy access to SR 436 and I-4
Potential retail conversion (per city discussions)
Located near planned Altamonte Town Center redevelopment
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
14 668 pi²
Classe d’immeuble
B
Année de construction/rénovation
1983/2019
Prix
4 799 950 $ CAD
Prix par pi²
327,24 $ CAD
Taux de capitalisation
6,62%
Revenu net d’exploitation
317 785 $ CAD
Pourcentage loué
65%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
7 334 pi²
Dalle à dalle
13’
Coefficient d’occupation des sols de l’immeuble
0,22
Taille du lot
1,55 AC
Zonage
CG - Supports a wide range of professional, office, and service-oriented commercial use, with potential for retail conversion subject to municipal approval
Stationnement
150 places (6 places par 1 000 pi² loué)
Commodités
- Accès 24 heures
- Accès contrôlé
- Installations de conférences
- Affichage
- Réception
- Climatisation
Principaux locataires Cliquez ici pour accéder à
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Air Quality Assessors
- Services professionnels, scientifiques et techniques
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Air Quality Assessors | Services professionnels, scientifiques et techniques | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
30/100
Assez praticable en vélo
30/100
Impôts fonciers
| Numéro de lot | 09-21-29-300-020B-0000 | Évaluation des bâtiments | 2 296 403 $ CAD |
| Évaluation du terrain | 854 159 $ CAD | Évaluation totale | 3 150 562 $ CAD |
Impôts fonciers
Numéro de lot
09-21-29-300-020B-0000
Évaluation du terrain
854 159 $ CAD
Évaluation des bâtiments
2 296 403 $ CAD
Évaluation totale
3 150 562 $ CAD
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Sand Lake Professional Building | 890 N State Road 434
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