For Sale
$5,000,000

115 International PkwyLake Mary, FL 32746

Prestigious Office, High ROI, 8,900 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional two-story, 8,900-square-foot executive office building is situated on a 25,700-square-foot lot at 115 International Pkwy, Lake Mary, FL 32746, within the desirable Heathrow submarket of Metro Orlando. Built in 1995, this landmark building offers a prominent business address, ideal for a single corporation, multiple tenants, or subleasing opportunities. The main floor boasts open workspace, four private offices, a conference room, two bathrooms, an IT closet, and a kitchen/breakroom. An attached annex provides seven additional private offices, two bathrooms, and open areas. The upper level, accessible by stairs or elevator, features expansive divided workspaces, private offices, restrooms, and another kitchen/breakroom. High ceilings and abundant natural light enhance the entire space. The property is offered at $5,000,000, representing a compelling 6.72% cap rate with a net operating income (NOI) of $336,000 and a price per square foot of $561.80. The lease type is NNN. This property benefits from a proven history of strong occupancy and rental rates, exceeding those of comparable properties in both the Lake Mary and overall Metro Orlando office markets. The building's location and features make it a truly remarkable investment opportunity.

Highlights

  • $5,000,000 asking price for this Lake Mary, FL office building.
  • 8,900 square feet of executive office space.
  • Located at 115 International Pkwy, Lake Mary, FL 32746.
  • 6.72% cap rate with a $336,000 NOI.
  • NNN lease type.

Property Details for 115 International Pkwy

Property type
Office properties
Square Feet
8,900 SF
Year Built
1995
Stories
2

Location Insight

City
Lake Mary
County
Seminole
State
Florida
Latitude
28.756988591874
Longitude
-81.367615024918
115 International Pkwy, Lake Mary, Florida

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115 International Pkwy
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