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2450 Maitland Center Parkway - Park Place - Park Place, Maitland, FL

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2450 Maitland Center Parkway - Park Place - Park Place

Maitland, FL 32751-4140 - Maitland Center Submarket

(6.4 MB)

Property Type:Office Sub Type:- Status:Existing Year Built:2001
Stories:3 Typical Floor:13,500 SF Building Size:43,578 SF
For Sale Price:$6,950,000 Price/SF:$159.48
Cap Rate:7.43 %
Parking:Free Surface spaces are available; Ratio of 4.5/1,000 SF Amenities:Signage
15,600 SF is available to occupy upon purchase.

Park Place is a three story, class B+ office building located in the heart of the Maitland Center Office Park.
- Located within Maitland Center
- Walking distance of multiple building cafes
- State-of-the-art Fiber Optics
- Buillding and Monument Signage Available
- Covered Parking Available
- 500 KW Standby Generator

Sale Notes:
Sale Price is $6,950,000

A rare Class A office building, located in close proximity to the Maitland / Interstate 4 interchange. The property is located in the heart of the Maitland Office Park with strong tenants in place & Ideal for Owner user on 3rd Floor or Investor!Ability of expanding revenue opportunities within the building as well as the potential to build a small retail, office or additional parking on an out parcel. The Property has a 500 KW Standby Generator. *Exquisite Art collection is Included!Wide hallways, marble foyers and high quality finishes in all common areas, there is little to do to improve this property. With strong and long standing tenants, the property has good opportunity to improve rental rates as the market continues to improve. Additional income can be gained with the build out of the out parcel with either retail or office space. Or the owner could use the out parcel to further improve the current parking ratio to enhance the property's competitiveness in the market.This property needs to be on your must view list.
The Park Place office building is in the well established and centrally located Maitland Center Office Park. With easy access to Interstate 4 to the east and Hwy 429,the western Beltway around downtown Orlando, Park Place provides a high quality location for the discerning tenant, needing access to a large employee pool,great office amenities, such as restaurants, shopping and hotels.As a value added component, an investor has the opportunity to develop and additional out parcel for retail/office to increase property cash flows and thus property value.

Sperry Van Ness
Ali Mushtaq
(407) 325-1446

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