For Sale
$465,000

0 Westpointe CirOrlando, FL 32835

High-Cap Rate, Net Lease, 1,160 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional executive office suite, totaling 1,160 square feet, is situated in the desirable Veranda Park, Metrowest area of Orlando, Florida. Currently 100% occupied under a net lease with a remaining term of approximately 0.5 years (expiring May 31, 2025), this property offers a compelling investment opportunity with a strong 5.68% cap rate and a current NOI of $26,400. The suite, located on the third floor of a three-story building within a four-building complex (built in 2005), boasts two main entrances, a spacious reception area, four private offices, a storage room, and a large conference room. Conveniently located near I-4 and 408, with numerous restaurants and shops within walking distance, this property benefits from excellent accessibility and a prime location. The lease commenced June 1, 2023, and the tenant pays $3,100 monthly plus sales tax and utilities. The property is zoned for office use and sits on a 1,160 square foot lot. This is a single-tenant, gross lease investment opportunity with a strong tenant and a short-term lease providing a quick return on investment. The property is in excellent condition and ready for immediate occupancy upon lease expiration.

Highlights

  • $465,000 asking price for a 1,160 SF executive office suite in Orlando, FL.
  • Net lease investment opportunity with a 5.68% cap rate.
  • Currently 100% occupied with a gross lease, generating $26,400 in NOI.
  • Two-year lease term remaining, expiring May 31, 2025.
  • Located in the Metrowest area of Orlando, near I-4 and 408, with convenient access to restaurants and shopping.

Property Details for 0 Westpointe Cir

Property type
Office properties
Square Feet
1,160 SF
Year Built
2005
Buildings
4
Stories
3

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.516370211984
Longitude
-81.482803139585
Westpointe Cir, Orlando, Florida

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0 Westpointe Cir
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