This premier office property at 1879-1887 Lee Rd, Winter Park, FL 32789, is offered for $1,800,000, delivering a 4.94% capitalization rate in 2025. Spanning 5,242 square feet, it generates $115,964 in annual gross rental income for 2025 ($22.12/sq ft/year) from 8 tenants with 3-year leases, ensuring stable cash flow. With annual expenses of $26,800 (real estate taxes: $14,000; electric and water: $2,000; insurance: $9,000; lawn care: $1,800), the property yields a Net Operating Income (NOI) of $88,964 in 2025. Projected rental income for 2026 is $129,396 ($24.68/sq ft/year), reflecting strong growth potential.
Key Investment Highlights:
Prime Winter Park Location: Strategically positioned on high-traffic Lee Road, offering exceptional visibility, easy access to I-4, and proximity to Winter Park Village and downtown Orlando’s thriving business district.
Stable and Growing Income: Generates $115,964 in 2025 rental income from 8 tenants with 3-year leases, with a projected increase to $129,396 in 2026, ensuring reliable and appreciating cash flow.
Strong Financial Performance: Delivers a 2025 NOI of $88,964 with a 4.94% cap rate, supported by low operating expenses and a projected 2026 NOI of $102,596, enhancing investment returns.
Modern Office Asset: Features 5,242 sq ft of contemporary office spaces, ample parking, and prominent signage, ideal for professional tenants in a high-demand market.
Premium Investment Opportunity: Priced at $1,800,000, this property offers robust returns in Winter Park’s low-vacancy office market, with strong growth prospects driven by its prime location and stable tenancy.
Located in the heart of Winter Park’s vibrant commercial corridor, this modern office property is an ideal acquisition for investors seeking consistent returns and long-term value in a high-demand market.
For more details and or to schedule a viewing call Omar Zoobi at 407-449-9383.