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4757 The Grove Dr - Building 6 3,088 SF Office Condo Unit Offered at $1,645,030 in Windermere, FL 34786
Investment Highlights
- Orlando Health Medical Office Condo
- 2.5% Annual Rent Bumps
- The Grove Development
- 3,088 SF
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.50% |
| Sale Type | Investment |
| Cap Rate | 6.50% |
Description
3,088 SF 2nd Floor Medical Office
Sale Notes
Oswald Cooke & Associates is pleased to offer the a 3,088 SF Medical Office Condo for sale in The Groves development in Windermere, Florida. The space is leased to Orlando Health, Inc. The NN+ lease expires in November 2028 and offers is subject to 2.5% rent escalations annually throughout the term. The site is located off Conroy Windermere Road (33,000 VPD) and S Apopka Vineland Road (44,500 VPD). The property is surrounded by national retailers including Starbucks, Chipotle, AT&T, Hawkers, LA Fitness, Chase Bank, Walgreens, Panera Bread, Publix, Walmart Marketplace, and many others. Windermere is a part of the Orlando Metropolitan Area, and is only nine miles from Walt Disney World.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 250 | 3,088 SF | Office | $1,645,030 ($532.72/SF) | $106,927 |
Unit 250
| Unit Size |
| 3,088 SF |
| Condo Use |
| Office |
| Price |
| $1,645,030 ($532.72/SF) |
| NOI |
| $106,927 |
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Unit 250
| Unit Size | 3,088 SF |
| Condo Use | Office |
| Price | $1,645,030 ($532.72/SF) |
| NOI | $106,927 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Description | |
| 3,088 SF 2nd Floor Medical Office</li></ul> | |
| Sale Notes | |
| Oswald Cooke & Associates is pleased to offer the a 3,088 SF Medical Office Condo for sale in The Groves development in Windermere, Florida. The space is leased to Orlando Health, Inc. The NN+ lease expires in November 2028 and offers is subject to 2.5% rent escalations annually throughout the term. The site is located off Conroy Windermere Road (33,000 VPD) and S Apopka Vineland Road (44,500 VPD). The property is surrounded by national retailers including Starbucks, Chipotle, AT&T, Hawkers, LA Fitness, Chase Bank, Walgreens, Panera Bread, Publix, Walmart Marketplace, and many others. Windermere is a part of the Orlando Metropolitan Area, and is only nine miles from Walt Disney World.</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.
| Total Building Size | 24,060 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 12,030 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2014 |
| Building Class | A | Lot Size | 0.89 AC |
| Zoning | P-D - Retail Trade | ||
| Total Building Size | 24,060 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 12,030 SF |
| Year Built | 2014 |
| Lot Size | 0.89 AC |
| Zoning | P-D - Retail Trade |
Amenities
- 24 Hour Access
- Bus Line
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
NNN Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| AdventHealth Centra Care |
-
|
August 2026
|
| At&t Wireless |
-
|
November 2021
|
| Gianni Vincent Jewellers |
-
|
April 2022
|
| Apricot Lane Boutique |
-
|
December 2033
|
| All In One Decorating Solutions |
-
|
February 2022
|
| I Lashes and Nails |
-
|
May 2031
|
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4757 The Grove Dr - Building 6
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