For Sale
$2,950,000

280 Ronald Reagan BlvdLongwood, FL 32750

Prime Longwood Office, 11,460 SF

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional two-story, 11,460-square-foot office building in Longwood, Florida, presents a compelling investment opportunity. Constructed of concrete block in 1986 and renovated in 2015, the Class B property boasts high-end finishes and modern amenities. The building features a digital monument sign, 50 parking spaces, an elevator (installed 2016), and a TPO roof (installed 2017 with a 20-year warranty). A building generator and electric vehicle charging stations add further value. Currently 100% occupied with a single tenant under a Net Net lease until December 30, 2025 (with potential for early vacancy), the lease includes 3.5% annual rent bumps. The 0.76-acre lot is fully fenced and conveniently located within walking distance of the SunRail station, providing easy access via S Ronald Reagan Blvd. The versatile first floor is easily adaptable for multiple tenants. The property's zoning is General Commercial, and the asking price is $2,950,000 ($257.42/sq ft). This presents a strong opportunity for owner-users seeking a well-maintained, conveniently located office space in a thriving area. The property includes a building APN of 06-21-30-502-0400-0040.

Highlights

  • $2,950,000 asking price for an 11,460 SF office building.
  • Class B, 11,460 SF, two-story office building on a 0.76-acre lot in Longwood, FL.
  • 100% occupied with a Net Net lease expiring 12/30/2025 (1.1 years remaining); 3.5% annual rent bumps.
  • 50 parking spaces, digital monument sign, elevator (2016), TPO roof (2017 with 20-year warranty), building generator, fenced lot, and EV charging stations.
  • Located near SunRail station with convenient access from S Ronald Reagan Blvd.

Property Details for 280 Ronald Reagan Blvd

Property type
Office properties
Square Feet
11,460 SF
Class
B
Year Built/Renovated
1986/2015
Buildings
1
Stories
2
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Longwood
County
Seminole
State
Florida
Latitude
28.6952537
Longitude
-81.3466878
280 Ronald Reagan Blvd, Longwood, Florida

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280 Ronald Reagan Blvd
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