407-346-5547
12249 Science Dr, Orlando, FL for Sale
Office - FOR SALE
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12249 Science Dr
Orlando, FL 32826
University


HIGHLIGHTS

  • Exceptional Historical Occupancy with Government Related Tenancy
  • Exclusive Force Protection Zone and NAVAIR Access
  • Premier Central Florida Research Park Location
  • Recently Renovated Lobby and Common Areas

OVERVIEW

Jones Lang LaSalle (“JLL”) is pleased to present the exclusive opportunity to acquire Research Commons (the “Property”), a premier 129,982 rentable square foot office building strategically positioned within Orlando’s highly coveted Central Florida Research Park. Currently 94% occupied with a 2.8-year Weighted Average Lease Term (WALT) and 6.1-year Weighted Average Tenant Tenancy (WATT), the Property delivers exceptional stability while serving as the perfect home for several Department of Defense agencies and contractors. Built in 1989, and renovated in 2006, Research Commons benefits from its rare positioning as one of only two privately owned assets within the Force Protection Zone, providing substantial competitive advantages for attracting and retaining government and defense contractor tenants. The Property features dedicated pedestrian gates providing direct access to the Naval Support Activity Center, GSA-approved security fencing, and emergency backup power generation, creating strategic infrastructure ideally suited for intensive government operations. Located within Florida’s largest research park and the fourth largest in the nation, Research Commons plays a critical role in establishing Orlando as the “World Capital of Modeling and Simulation” and is positioned less than one mile from the University of Central Florida, the nation’s second-largest university. With nearly $1 million in recent capital improvements including renovated common areas and lobby, combined with a 4.2 per 1,000 SF parking ratio, Research Commons represents an exceptional investment opportunity to acquire a mission-critical government-anchored asset in one of Florida’s most dynamic and specialized office markets.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Research Commons

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

400

LAND DETAILS

LAND ACRES

11.75 AC

LAND SF

511,830 SF

ZONING

IND3, County

APN/PARCEL ID

10-2231-1252-13-010

ASK ABOUT THIS PROPERTY

407-346-5547

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407-346-5547

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