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Lake Lucien Building 2201 Lucien Way 52,210 SF 82% Leased Office Building Maitland, FL 32751 $6,050,000 ($115.88/SF) 8.61% Cap Rate



Investment Highlights
- $1.5M in Recent Upgrades – New elevators, lobby renovations, restroom updates, chiller replacement, and landscaping improvements (2017-2024)
- Prime Location with Frontage on Lake Lucien and Interstate 4
- Excellent connectivity with easy access to Highways I-4 and East-West EXPY
- Beautifully Landscaped Lot
Executive Summary
Located in the highly desirable Maitland Center office park, 2201 Lake Lucien presents a prime opportunity for investors seeking stable, in-place cash flow with upside potential. This 52,210 SF office building is currently 82% leased to VITAS Healthcare, a nationally recognized tenant, occupying 42,924 SF. The property has undergone significant capital improvements, including modern lobby renovations, upgraded elevators, and a new chiller system.
Positioned with prominent visibility from Interstate 4—which sees over 165,000 vehicles per day—the building offers excellent branding potential for future tenants seeking high-exposure signage opportunities. In addition to its high-profile location, the property provides convenient access to major highways, retail, dining, and nearby corporate campuses. With strong credit tenancy, recent upgrades, and remaining lease-up potential, this asset represents a compelling investment in one of Orlando’s premier suburban business hubs.
**NOI quoted is the 2024 year end
Positioned with prominent visibility from Interstate 4—which sees over 165,000 vehicles per day—the building offers excellent branding potential for future tenants seeking high-exposure signage opportunities. In addition to its high-profile location, the property provides convenient access to major highways, retail, dining, and nearby corporate campuses. With strong credit tenancy, recent upgrades, and remaining lease-up potential, this asset represents a compelling investment in one of Orlando’s premier suburban business hubs.
**NOI quoted is the 2024 year end
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Property Facts
Sale Type
Investment
Property Type
Office
Building Size
52,210 SF
Building Class
B
Year Built/Renovated
1983/2017
Price
$6,050,000
Price Per SF
$115.88
Cap Rate
8.61%
NOI
$521,193
Percent Leased
82%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
13,053 SF
Building FAR
0.29
Lot Size
4.20 AC
Zoning
IC-2, Maitland - Industrial Commercial
Parking
184 Spaces (3.52 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Monument Signage
- Outdoor Seating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 4th Fl-Ste 400 | 5,917 SF | Office | - | Now |
| 4th Fl-Ste 401 | 3,369 SF | Office | Full Build-Out | Now |
4th Fl-Ste 400
| Size |
| 5,917 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
4th Fl-Ste 401
| Size |
| 3,369 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
4th Fl-Ste 400
| Size | 5,917 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
4th Fl-Ste 401
| Size | 3,369 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Property Taxes
| Parcel Number | 26-2129-4577-00-010 | Improvements Assessment | $2,107,081 |
| Land Assessment | $3,115,235 | Total Assessment | $5,222,316 |
Property Taxes
Parcel Number
26-2129-4577-00-010
Land Assessment
$3,115,235
Improvements Assessment
$2,107,081
Total Assessment
$5,222,316
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Lake Lucien Building | 2201 Lucien Way
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