29-31 Coburn Ave - Office FOR SALE
Orlando, FL 32805 |
$2,895,000 USD
407-557-3847
29-31 Coburn Ave
Orlando, FL 32805
HIGHLIGHTS
- 18,000 Square Foot Single-Tenant Office Building (16,826 RSF) | 100% Leased to Department of Corrections
- State of Florida Guaranteed Lease | Provides Stable & Predictable Cashflow for Years to Come
- Recently Executed a Long-Term, Stay-in-Place Lease (Running Through 10/31/31)
- Extensive/Recent Remodel to Meet Tenant’s Needs
- Established and Essential Location for State of Florida DOC (Tenant in Building Since 2005)
- 86 Parking Spaces | Parking Ratio = 5/1,000 SF (75 Spaces Required Under the Lease)
FOR SALE DETAILS
PRICE
$2,895,000 USD
PRICE/SF
$172 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
State of FL DOC Building
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1957
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
1.33 AC
LAND SF
57,935 SF
ZONING
IG
APN/PARCEL ID
27-2229-5573-03-000
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407-557-3847
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407-557-3847
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