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Building III 1655 E Hwy 50 18,924 SF 88% Leased Office Building Clermont, FL 34711 $6,535,359 ($345.35/SF) 7.85% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully built-out corporate office space for sale with great location in the highly desirable Highway 50 corridor of Clermont.
  • Just minutes away from the Florida Turnpike and Highway 27, with easy access to Downtown Orlando, Walt Disney World, Universal Orlando and Sea World.

EXECUTIVE SUMMARY

This is an exceptional chance to acquire an office building in a prime location along State Highway 50, with exposure to 52,000 vehicles per day. Built in 2008, the property maintains a remarkable occupancy rate and features an entire floor of in-demand executive suites. The diverse tenant mix includes medical professionals, a U.S. Government Veterans Assistance Center, an orthodontics practice, a real estate firm with international reach, and various professionals leasing the executive suites.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,924 SF
Building Class
B
Year Built
2008
Price
$6,535,359
Price Per SF
$345.35
Cap Rate
7.85%
NOI
$512,973
Percent Leased
88%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,308 SF
Slab To Slab
11’
Building FAR
1.06
Lot Size
0.41 AC
Zoning
R-3 - Residential/Commercial Professional District
Parking
92 Spaces (4.86 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 203
  • 2,067 SF
  • Office
  • Full Build-Out
  • Now

High energy district, a short walk to restaurants and shopping. Plenty of parking, directory signage available inside and outside the building. Pricing includes CAM. 4 private offices with an open area (for a conference table or cubicles) plus a storeroom, price includes restrooms on the same floor and all cleaning of common areas.

  • 3rd Fl-Ste 308
  • 219 SF
  • Office
  • Full Build-Out
  • Now

This is an executive suite space, corner office with a private rest room includes all utilities un-secure WiFi, shared restrooms, break room and reception area. Call agent for details and pictures.

Space Size Space Use Condition Available
2nd Fl-Ste 203 2,067 SF Office Full Build-Out Now
3rd Fl-Ste 308 219 SF Office Full Build-Out Now

2nd Fl-Ste 203

Size
2,067 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 308

Size
219 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 203

Size 2,067 SF
Space Use Office
Condition Full Build-Out
Available Now

High energy district, a short walk to restaurants and shopping. Plenty of parking, directory signage available inside and outside the building. Pricing includes CAM. 4 private offices with an open area (for a conference table or cubicles) plus a storeroom, price includes restrooms on the same floor and all cleaning of common areas.

3rd Fl-Ste 308

Size 219 SF
Space Use Office
Condition Full Build-Out
Available Now

This is an executive suite space, corner office with a private rest room includes all utilities un-secure WiFi, shared restrooms, break room and reception area. Call agent for details and pictures.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-22-26-1305-018-00003
Land Assessment
$918,375
Improvements Assessment
$2,295,450
Total Assessment
$3,213,825
  • Listing ID: 33510812

  • Date on Market: 10/14/2024

  • Last Updated:

  • Address: 1655 E Hwy 50, Clermont, FL 34711

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