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2450 Maitland Center Pky
Maitland, FL 32751
Office Property For Sale
Investment Highlights
- COMMITTED MEDICAL TENANCY AT ATTRACTIVE RENTAL RATES
- EXCELLENT CONNECTIVITY AND HIGHWAY ACCESS
- LIMITED FUTURE CAPITAL NEEDS AND ATTRACTIVE COST BASIS
- PROVEN HISTORICAL OCCUPANCY AND TENANT RETENTION
- DESIRABLE LOCATION WITHIN ORLANDO’S MAITLAND SUBMARKET
- STABLE, DIVERSE, AND EASILY MANAGED TENANCY
Executive Summary
Please click here to access deal web page and register for Full Offering Memorandum:
https://invest.jll.com/us/en/listings/office/2450-maitland-office-surgery-center
Jones Lang LaSalle (“JLL”) is pleased to present the exclusive opportunity to acquire 2450 Maitland Office & Surgery Center (the “Property”), a premier 41,350 rentable square foot multi-tenant office building strategically positioned in Orlando’s coveted Maitland submarket. The Property delivers an impressive 100% occupancy rate with a 2.4-year Weighted Average Lease Term (WALT) and 8.6-year Weighted Average Tenant Tenancy (WATT). Built in 2000 and recently renovated, the Property requires minimal future capital investment while offering an exceptional 4.10 per 1,000 SF parking ratio.
With a rent roll consisting of only six tenants, the Property’s tenant base provides exceptional diversity without being management intensive. 2450 Maitland Office & Surgery Center is anchored by Mattamy Homes, the nation’s largest privately-owned homebuilder. Additionally, 19% of rentable square footage is occupied by Park Place Surgery Center, a state-of-the-art medical surgery center that has maintained tenancy for over two decades at attractive rental rates, adding diversity and stability to the tenant base.
https://invest.jll.com/us/en/listings/office/2450-maitland-office-surgery-center
Jones Lang LaSalle (“JLL”) is pleased to present the exclusive opportunity to acquire 2450 Maitland Office & Surgery Center (the “Property”), a premier 41,350 rentable square foot multi-tenant office building strategically positioned in Orlando’s coveted Maitland submarket. The Property delivers an impressive 100% occupancy rate with a 2.4-year Weighted Average Lease Term (WALT) and 8.6-year Weighted Average Tenant Tenancy (WATT). Built in 2000 and recently renovated, the Property requires minimal future capital investment while offering an exceptional 4.10 per 1,000 SF parking ratio.
With a rent roll consisting of only six tenants, the Property’s tenant base provides exceptional diversity without being management intensive. 2450 Maitland Office & Surgery Center is anchored by Mattamy Homes, the nation’s largest privately-owned homebuilder. Additionally, 19% of rentable square footage is occupied by Park Place Surgery Center, a state-of-the-art medical surgery center that has maintained tenancy for over two decades at attractive rental rates, adding diversity and stability to the tenant base.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
40,683 SF
Building Class
B
Year Built
2001
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,758 SF
Slab To Slab
12’
Building FAR
0.30
Lot Size
3.12 AC
Zoning
OC, Maitland
Parking
198 Spaces (4.8 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 27-2129-5480-00-071 | Improvements Assessment | $2,641,365 |
| Land Assessment | $1,922,976 | Total Assessment | $4,564,341 |
Property Taxes
Parcel Number
27-2129-5480-00-071
Land Assessment
$1,922,976
Improvements Assessment
$2,641,365
Total Assessment
$4,564,341
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