121-189 S Orange Ave - Office/Residential CONDO FOR SALE


Orlando, FL 32801- Arts District
$2,292,968 USD
321-945-4477
121-189 S Orange Ave, Orlando, FL for Sale
$2,292,968 USD
Office/Residential CONDO - FOR SALE
1/25
null | 7.5% Cap Rate

121-189 S Orange Ave
Orlando, FL 32801
Arts District


HIGHLIGHTS

  • Fully leased - Absolute NNN Lease
  • Long-term lease through 2031 with 3% annual rent increases
  • Two (2) additional 5-year renewal options
  • High-end build-out with glass-line offices, executive boardroom, and reception
  • Impressive floor-to-ceiling views of Downtown Orlando

OVERVIEW

Premium Office Condo Investment – Fully Leased The Plaza, Downtown Orlando Gandhi Commercial is proud to present a great opportunity to acquire 6,445 SF of Class A office condos located on the 18th floor of The Plaza South Tower, one of Downtown Orlando’s most iconic mixed-use high-rises. Positioned directly along South Orange Avenue, the property offers great visibility and immediate access to Orlando’s central business district. This fully stabilized investment comprises Suite 1830 and Suite 1850, featuring long-term occupancy and consistent 3% annual rent escalations. Downtown Orlando is home to the Dr. Phillips Performing Arts Center, Amway Center, Orlando Lions Soccer Stadium, and Camping World Stadium. Convenient access to I-4 Corridor, Florida Turnpike, and Florida’s 429, 417, 528, 414, and 408 Expressways. 24/7 access, security, parking, and direct access to restaurants and retail within The Plaza. Don't miss out on the chance to secure a prominent position in the Orlando commercial real estate market with this exceptional Office / Office Building.

FOR SALE DETAILS

PRICE

$2,292,968 USD

PRICE/SF

$356 USD /SF

CAP RATE

7.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Chase Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

500,000 SF

STORIES

21

BUILDING CLASS

A

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

AC-3A/T/HP

APN/PARCEL ID

26-2229-7155-04-055,26-2229-7155-04-056,26-2229-7155-04-059,26-2229-7155-04-060,26-2229-7155-04-061,26-2229-7155-04-062,26-2229-7155-04-063,26-2229-7155-04-064,26-2229-7155-04-065,26-2229-7155-04-066,26-2229-7155-04-067,26-2229-7155-04-068,26-2229-7155-04-069,26-2229-7155-04-070,26-2229-7155-04-071,26-2229-7156-09-200,26-2229-7156-10-000,26-2229-7157-14-100,26-2229-7157-14-200

ASK ABOUT THIS PROPERTY

Sunny GandhiKeller Williams at the Parks RealtyMore Info
321-945-4477

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Sunny GandhiKeller Williams at the Parks RealtyMore Info
321-945-4477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.