2200 Lucien Way Maitland, FL 32751

This four-story, 59,798-square-foot Class B office building in Maitland, Florida presents a compelling value-add investment opportunity. Located at 2200 Lucien Way, this multi-tenant property sits on a 4.4-acre lot (191,664 square feet) and boasts 211 parking spaces. Currently 58% occupied, the building offers significant potential for lease-up, with modified gross leases in place. The average current rent is $17.71 per square foot, presenting an opportunity to increase rental income to market value. The property's strategic location in Orange County provides easy access to major thoroughfares, including I-4 (approximately 175,800 vehicles per day) and Maitland Boulevard (approximately 74,000 vehicles per day). The surrounding area features strong demographics, with an average household income of $81,008 and an average home value of $265,176 within a five-mile radius. Nearby amenities include nationally recognized hotels, restaurants, and retailers such as Marriott, Chick-fil-A, Publix, Walmart, and Home Depot. The property is zoned WS-RT (West Side Research and Technology Subdistrict), allowing for a high-intensity mix of office and employment uses. The asking price is $6,577,780, representing a 4.69% cap rate and a price per square foot of $110. The Net Operating Income (NOI) is $308,343. Built in 1984, the property offers a central courtyard. The APN is 26-2129-4577-00-040. This fee-simple ownership opportunity is ideal for investors seeking strong returns in a prime Orlando MSA location.