6100 Lake Ellenor Dr,
ORLANDO FL, 32809
Description
We are pleased to bring to market 6100 Lake Ellenor, a rare add-value opportunity. The building is a 38,420 square foot office building located in the Orlando Central Park submarket which is home to 23,000 employees and local businesses. The property currently has 30.67% vacancy and features a mixture of small and large tenants allowing an owner to have stabilized cash-flow, as well as, opportunity to push rents on the small spaces. The property's current cap rate is 6.18% and new ownership has the immediate ability to grow it by 9.62% bringing the property to a potential 15.8% cap rate. Dont miss this opportunity, call for details.Price Reduced - Motivated Seller! Value-Add Opportunity 30.67% Vacancy Grow the cap by 9.62% immediately Strong growth market Small & large office suites Great for investment & owner operatorHalf mile from the future UCF South Orlando Campus 23,000 employees in the immediate area Abundant Parking Quick access to major highways (I-4 & 528)
Details
| MLS# | O5902262 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 89 |
Features
| SQ Feet | 38,420 |
|---|---|
| Story(s) | 2 |
| Zoning | I-2/I-3 |
| Acreage | 3.15 |
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| Area Information | |
|---|---|
| State | FL |
| County | Orange |
| City | ORLANDO |
| Zip Code | 32809 |
| Area | 32809 - OrlandoPinecastleOakridge Edgewood |
| Listing VS Median (in 32809) | |
Price: $2,990,000 low | high Med: $215,000 SqFt: 38,420 low | high Med: 1,640 $ / SqFt: $78 low | high Med: $131 On Site: 89 low | high Med: 70 | |
MLS Number: O5902262Listing Provided By:
Amy Fouraker of 4 ACRE REALTY LLC