For Sale - Investment Crossroads Business Center Office...

4
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. Unless otherwise noted, the property is being offered as-is, where is, with all faults. 1800 Pembrook Drive, Suite 350 Orlando, Florida 32810 +1 407 875 9989 nairealvest.com 01.27.17 Property Features • Office / flex condo units for sale as an investment portfolio • 11 units totaling 50,438± SF - all but 1 of the units are leased • Additional 1.21± acres of undeveloped land also available • Located in the Crossroads Business Center, consisting of two office / flex buildings totaling 75,451± SF • High-quality masonry construction • 100% A/C with grade-level overhead doors; Clear height: 14’ • Ample parking (5/1,000 SF) • Good exposure on Semoran Blvd; 2015 Traffic Count: 50,000 AADT • Zoning: IND-1A (allows a variety of R&D, office, commercial and warehouse uses) • Convenient to dozens of restaurants and businesses on Semoran Boulevard and University Boulevard • Easy access to University Blvd, Colonial Drive, Aloma Avenue, SR 408 (East-West), SR 417 (GreeneWay) and I-4 • Only 3.7 miles from the Orlando Executive Airport (ORL) Investment Features • Portfolio NOI: $523,846 • Cap Rate: 11% • Single largest owner in Center - 67% of total development Portfolio Units 925 South Semoran Blvd Unit 103 1,454± SF Unit 104 3,854± SF Unit 112-114 9,966± SF Unit 120-122 8,293± SF 931 South Semoran Blvd Unit 200 2,754± SF Unit 206 3,191± SF Vacant Unit 208 2,327± SF Vacant Unit 212 2,902± SF Vacant Unit 216 1,874± SF Unit 217 11,606± SF Unit 220 2,217± SF Sales Price $4,762,000 925-931 South Semoran Blvd Winter Park, Florida 32792 Developed by For Sale - Investment Crossroads Business Center Office / Flex Condo Portfolio For more information: Chris Adams +1 407 949 0731 [email protected] George Livingston, CIPS +1 407 949 0701 [email protected]

Transcript of For Sale - Investment Crossroads Business Center Office...

Page 1: For Sale - Investment Crossroads Business Center Office ...images2.loopnet.com/d2/1T3EYgqlJIt4ZL.../document.pdf · Oak Ridge Rd. Michigan St. Lake Underhill Rd. Kaley Ave. Corrine

The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. Unless otherwise noted, the property is being offered as-is, where is, with all faults.

1800 Pembrook Drive, Suite 350Orlando, Florida 32810+1 407 875 9989

nairealvest.com

01.27.17

Lease Ratefrom $5.00/SF NNN

Operating Expenses: $1.96/SF

Property Features• Office / flex condo units for sale as an investment portfolio

• 11 units totaling 50,438± SF - all but 1 of the units are leased

• Additional 1.21± acres of undeveloped land also available

• Located in the Crossroads Business Center, consisting of two office / flex buildings totaling 75,451± SF

• High-quality masonry construction

• 100% A/C with grade-level overhead doors; Clear height: 14’

• Ample parking (5/1,000 SF)

• Good exposure on Semoran Blvd; 2015 Traffic Count: 50,000 AADT

• Zoning: IND-1A (allows a variety of R&D, office, commercial and warehouse uses)

• Convenient to dozens of restaurants and businesses on Semoran Boulevard and University Boulevard

• Easy access to University Blvd, Colonial Drive, Aloma Avenue, SR 408 (East-West), SR 417 (GreeneWay) and I-4

• Only 3.7 miles from the Orlando Executive Airport (ORL)

Investment Features• Portfolio NOI: $523,846

• Cap Rate: 11%

• Single largest owner in Center - 67% of total development

Portfolio Units925 South Semoran Blvd

Unit 103 1,454± SF

Unit 104 3,854± SF

Unit 112-114 9,966± SF

Unit 120-122 8,293± SF

931 South Semoran Blvd

Unit 200 2,754± SF

Unit 206 3,191± SF Vacant

Unit 208 2,327± SF Vacant

Unit 212 2,902± SF Vacant

Unit 216 1,874± SF

Unit 217 11,606± SF

Unit 220 2,217± SF

Sales Price$4,762,000

925-931 South Semoran BlvdWinter Park, Florida 32792

Developed by

For Sale - Investment

Crossroads Business CenterOffice / Flex Condo Portfolio

For more information:Chris Adams+1 407 949 0731 • [email protected]

George Livingston, CIPS+1 407 949 0701 • [email protected]

Page 2: For Sale - Investment Crossroads Business Center Office ...images2.loopnet.com/d2/1T3EYgqlJIt4ZL.../document.pdf · Oak Ridge Rd. Michigan St. Lake Underhill Rd. Kaley Ave. Corrine

925 South Semoran B

lvd

931 South Semoran B

lvd

2002,754± SF

202

2063,191± SF

2122,902± SF

214

2161,874± SF

2202,217± SF

SEMO

RA

N B

OU

LEVAR

D / SR

436

217(220A)

11,606± SF

204

2082,327± SF

120-1228,293± SF

112-1149,966± SF

110A

110

108

106

1043,854± SF

103-1,454± SF

102

100

1.21± AcresFor Sale

1800 Pembrook Drive, Suite 350Orlando, Florida 32810+1 407 875 9989

nairealvest.com

Developed by

925-931 South Semoran BlvdWinter Park, Florida 32792

For Sale - Investment

Crossroads Business CenterOffice / Flex Condo Portfolio

Page 3: For Sale - Investment Crossroads Business Center Office ...images2.loopnet.com/d2/1T3EYgqlJIt4ZL.../document.pdf · Oak Ridge Rd. Michigan St. Lake Underhill Rd. Kaley Ave. Corrine

1800 Pembrook Drive, Suite 350Orlando, Florida 32810+1 407 875 9989

nairealvest.com

Developed by

925-931 South Semoran BlvdWinter Park, Florida 32792

For Sale - Investment

Crossroads Business CenterOffice / Flex Condo Portfolio

For more information:Chris Adams+1 407 949 0731 • [email protected]

George Livingston, CIPS+1 407 949 0701 • [email protected]

Page 4: For Sale - Investment Crossroads Business Center Office ...images2.loopnet.com/d2/1T3EYgqlJIt4ZL.../document.pdf · Oak Ridge Rd. Michigan St. Lake Underhill Rd. Kaley Ave. Corrine

1800 Pembrook Drive, Suite 350Orlando, Florida 32810+1 407 875 9989

nairealvest.com

Developed by

925-931 South Semoran BlvdWinter Park, Florida 32792

Seminole ExpresswayLake Monroe

ORANGE CO.

SEMINOLE

CO.

ORAN

GE C

O.

Park

Ave.

Old Dixie Hwy.

Harmon Rd.

Moss Park Rd.

Conw

ay R

d.

Rineh

art Rd

.

Upsa

la Rd

Orange Blvd.

Mello

nville

Dr.

AirportBlvd.

He Thomas Jr. Pkwy.Markham Rd.

Markh

am W

oods

Rd.

Lake

Mark

ham

Rd.

Intern

ation

al

Pkwy

.

Coun

tryClu

b Rd.

St. Johns

River

River

Dean

Rd.

Rous

e Rd.

Dr.

Howell Branch Rd.

Aloma Ave.

LakeDown

JohnsLake

LakeApopka

Int er

n atio

nal Dr.

VOLUSIA CO. SEMINOLE CO.

Clar

ke R

d.

Magu

ire

R

d.

Florida's Turnpike

Florid

a'S T

urnp

ike

C.R.

420

Dalla

s Blvd

.

C.R. 4

19

C.R. 420

VOLU

SIA

CO.

BREV

ARD

CO.

ORAN

GE C

O.

LakeHarney

C.R. 53

5

Christmas

VOLUSIA CO.

SEMINOLE CO.

LakeDora

LAKE CO.POLK CO.

C.R

545

Cree

k R

d

anoN ekaL .dvlB

Rd.

LakeHart

Sand Lake Rd. McCoy Rd

Apop

ka-Vi

nelan

d Rd.

Osceola

WaltDisneyWorld C.R.

527

ORANGE CO.OSCEOLA CO.

John

Pkwy

.Jo

hn Yo

ung

Pkwy

.Yo

ung

Bogg

y

World

Pkwy.

Land

star

Blvd.

C.R.

435

C.R. 4

37

C.R.437A

C.R.

435

C.R.

435

C.R.

437

C.R.

448

Hiaw

asse

e Rd.

Pine H

ills R

d.

Mercy

Dr.

C.R. 426

C.R.46A

C.R. 419

Alafa

yaTr.

LakeJesup

LakeConway

LakeTibet

Lake Butler Little LakeConway

LakeNona

LakeMaitland

Oran

ge

Bl

osso

m Tr.

Colonial Dr.

University Blvd.

CurryFord Rd.

Red Bug Lake Rd.

Dike Rd.

Lake Dr.

Oak Ridge Rd.

Michigan St.

LakeUnderhill Rd.

KaleyAve.

Corrine Dr.

Hoffner Ave.

Wetherbee Rd.

Wewahootee Rd.

Innovation Way

TradeportRd.Central

Florida Pkwy.

Lee Vista Rd.

Oran

geAv

e.

Fernc

reek

Ave.

Semo

ran B

lvd.

Golde

nrod

Rd.

Kirkm

an R

d.

Silver Star Rd.

Edgewater

Lee Rd.

Old Winter Garden

Lake Mary Blvd.

Old Lake

Mary Rd.

Blvd.Maitland

AltamonteSprings

Casselberry

WinterSprings

LakeMary

Longwood

Apopka

Ocoee

Oviedo

BithloMi

lls A

ve.

Lake

moun

tAv

e.

Tusk

awilla

Rd.

Bumb

y

Winter Park

Maitland

SEMINOLE CO.ORANGE CO.

LAKE CO.ORANGE CO.

Wek

iva

LAKE

CO.

ORAN

GE C

O.

Rive

r

WinterGarden

Sanford

C.R

545

E.Cro

wn P

t. Rd

.

OcoeeClarcona- Rd.

keerC ydeeRtnemevorpmI

tcirtsiD

s'relluFdR ssorC

Apop

ka V

inelan

d Rd.

CR 53

5

Good

Hom

es Rd

.

CR 54

5

RobersonRd

dR dleifohcS

Mann

Rd

Chase Rd

dR teertsrevO

dR retroP

CR 535

dR yornoC eremredniW

yaW nostiR lihP

mloclaMdR

dR nedliTPark Ave

retroPdR

McKinneyRd

New Independence

Pkwy

doowtraHdR hsraM

McKin

non

Rd

Fiquet

te Rd

WinterGarden-Vineland Rd

Oak Island Rd

dR ledieS

nretseWyaW

Reams Rd

Hartzog Rd

Buena Vista

Avalo

n Rd

LakeHancock

Rd

CR 54

5

Fores

tCi

ty R

d

Lake

Emma

Rd.

Sand Lake Rd

Ponkan Rd.

Kelly Park Rd.

Keene Rd

Wekiv

a Spr

ings R

d

Hunt

Club

Rd

Rock

Sprin

gs R

dRoun

d Lak

e Rd.

Sorre

nto R

d.Ply

mouth

Vick R

d.

Wolf Branch Rd.

Lester Rd.

Ondich Rd. Haas Rd.

Welch Rd.

C.R. 448

C.R.

437

C.R. 46A

Princeton St.

Longwood Hills Rd.

Alafaya Tr.

Avalo

n Pa

rk Bl

vd.

Innov

ation

Way

ICP B

lvd.

Monument

Pkwy

Apopka Blvd.

Martin St.

441

192

1792

1792

441

1792441

15427

434

434

419

46

41546

46

43850

438

423435

535

46

50

50

434

426

436 551

520

TOLL

417

TOLL

408

TOLL

417

TOLL

414

15

TOLL

417

455

19yawkraP avikeW

TOLL

429

TOLL

414TOLL

429TOLL

451

95

536

192

27

TOLL

528

TOLL

429

TOLL

429

WekivaSprings

State Park

TOLL

528OrlandoInternationalAirport

OrlandoSanfordAirport

Kissimmee

SITE

For Sale - Investment

Crossroads Business CenterOffice / Flex Condo Portfolio