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422 S Alafaya Trl - Orlando Dermatology 5,215 SF Medical Condo Unit Offered at $3,500,000 in Orlando, FL 32828
Investment Highlights
- Near a Walmart Anchored Center | Great Freeway Access | Excellent Visibility | Recent 5-Year Lease Extension
- Strong Demographics in 5-Mile Trade Area | Six Figure Incomes
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 9.64% |
| Sale Type | Investment |
| Cap Rate | 9.64% |
Sale Notes
- The subject property is located ¼ mile north of a Walmart anchored shopping center along South Alafaya Trail a major link to Hwy. 408 & Hwy. 417
- Advent Health East Orlando and Lake Underhill Medical Center are approximately 5 miles to the west
- This asset has excellent visibility with easy access
Tenant recently exercised an early 5-year lease extension, demonstrating their commitment to the site.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 31/32 | 5,215 SF | Medical | $3,500,000 ($671.14/SF) | $337,453 |
Unit 31/32
| Unit Size |
| 5,215 SF |
| Condo Use |
| Medical |
| Price |
| $3,500,000 ($671.14/SF) |
| NOI |
| $337,453 |
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Unit 31/32
| Unit Size | 5,215 SF |
| Condo Use | Medical |
| Price | $3,500,000 ($671.14/SF) |
| NOI | $337,453 |
| Sale Type | Investment |
| Cap Rate | 9.64% |
| Sale Notes | |
| <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> The subject property is located ¼ mile north of a Walmart anchored shopping center along South Alafaya Trail a major link to Hwy. 408 & Hwy. 417<br> </li><li> Advent Health East Orlando and Lake Underhill Medical Center are approximately 5 miles to the west<br> </li><li> This asset has excellent visibility with easy access<br> Tenant recently exercised an early 5-year lease extension, demonstrating their commitment to the site.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- Signage
- Monument Signage
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Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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