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160 N Westmonte Dr 14,095 SF Office Building Altamonte Springs, FL 32714 $3,200,000 ($227.03/SF) 9.10% Cap Rate
Investment Highlights
- Fortune 1000 Engineering Company with long standing history
- High end buildout with key card access doors and security cameras on the perimeter
- New Roof and renovation in 2024
Executive Summary
Prime investment opportunity in a recently renovated single-tenant office building leased to a Fortune 1,000 company.
High in-place cap rate supported by a global engineering firm operating in cybersecurity and global infrastructure.
Roof was replaced in 2024.
Property has been meticulously maintained and features private offices, cubicles, multiple kitchen/breakrooms, security card access doors, and security cameras around the perimeter.
High in-place cap rate supported by a global engineering firm operating in cybersecurity and global infrastructure.
Roof was replaced in 2024.
Property has been meticulously maintained and features private offices, cubicles, multiple kitchen/breakrooms, security card access doors, and security cameras around the perimeter.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
14,095 SF
Building Class
B
Year Built/Renovated
2000/2024
Price
$3,200,000
Price Per SF
$227.03
Cap Rate
9.10%
NOI
$291,300
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,048 SF
Slab To Slab
13’
Building FAR
0.61
Lot Size
0.53 AC
Zoning
GO
Parking
60 Spaces (4.26 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Signage
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Property Taxes
| Parcel Number | 14-21-29-510-0A00-0060 | Improvements Assessment | $1,351,198 |
| Land Assessment | $591,294 | Total Assessment | $1,942,492 |
Property Taxes
Parcel Number
14-21-29-510-0A00-0060
Land Assessment
$591,294
Improvements Assessment
$1,351,198
Total Assessment
$1,942,492
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160 N Westmonte Dr
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