5749 Westgate Dr Orlando, FL 32835

This exceptional three-story, 47,089-square-foot office building presents a compelling investment opportunity in Orlando's thriving business district. Located at 5749 Westgate Dr, Orlando, FL 32835, this Class B property, built in 2008, is currently vacant, offering significant potential for owner-users or investors. The building boasts a desirable location, just 1.3 miles from the 408 Turnpike on high-traffic Kirkman Road (59,000 vehicles per day), providing easy access to Orlando International Airport, downtown Orlando, and key residential areas. The property features updated elevators, common area marble floors and mahogany trim, high ceilings, private balconies, a four-story clock tower, pylon signage, and a covered entrance/drop-off. A second-floor amenity deck adds to the appeal. Ample parking is available with 138 spaces on a 3-acre site (3.5/1000 parking ratio). Each floor offers a 15,000-square-foot floor plate, easily divisible or usable contiguously. The asking price is $8,350,000, representing a price per square foot of $177.32 and a pro-forma cap rate of 11.46%. The property is zoned AC-1, allowing for potential redevelopment or expansion. Orlando's robust economy, fueled by tourism, technology, and healthcare, coupled with significant job growth (nearly 140,000 jobs added in the last five years and 42,400 in 2023 alone), creates high demand for office space. This presents a unique chance to capitalize on Orlando's continued economic expansion and strong job market.