1159 E Altamonte Dr - Freestanding FOR SALE


Altamonte Springs, FL 32701
$1,700,000 USD
689-243-6300
1159 E Altamonte Dr, Altamonte Springs, FL for Sale
$1,700,000 USD
Freestanding - FOR SALE
1/5
null | 7.33% Cap Rate

1159 E Altamonte Dr
Altamonte Springs, FL 32701


OVERVIEW

The Depot Business Center in Altamonte Springs presents an incredible investment opportunity to acquire a prime, multitenant, free-standing multi-use building; retail, office, and commercial. This one-story establishment provides an ideal setting for small and medium businesses. The property offers several perks, including ample surface parking and monument signage. 1159 E Altamonte Drive provides unparalleled convenience for entrepreneurs since it is directly across from several high-traffic retail complexes. Businesses will thrive in this vibrant area, benefiting from exceptional visibility with an average of 48,500 daily vehicles passing along Altamonte Drive. Additionally, The Depot's strategic positioning, just over 2 miles from Interstate 4, ensures optimal connectivity to Orlando's metro area. The property is only 13 miles from Orlando Sanford Airport (SFB) and a 30-minute drive from Orlando International Airport (MCO) and only 1.6 miles away from the Altamonte Mall. The property features a new roof that was re-done in 2023 and is under a 10-year warranty and new exterior painting.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

7.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Depot Altamonte Springs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

MOC-2

APN/PARCEL ID

21-30-18-530-0000-0010

ASK ABOUT THIS PROPERTY

Danilo AquinoFlorida Connexion Properties LLCMore Info
689-243-6300

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Danilo AquinoFlorida Connexion Properties LLCMore Info
689-243-6300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.