321-463-3931
2106 N Orange Ave, Orlando, FL for Sale
Medical - FOR SALE
1/2
null | 6.5% Cap Rate

NEW


2106 N Orange Ave
Orlando, FL 32804
Uptown Orlando


HIGHLIGHTS

  • Stabilized 6.50% cap rate
  • NNN Leases
  • Anchored by Walgreen's Specialty Pharmacy
  • Directly across from AdventHealth Downtown Orlando
  • Recently completed FDOT streetscape improvements

OVERVIEW

Millenia Partners is exclusively offering Ivanhoe Medical Plaza a ±11,419 SF, two-building medical-grade office campus directly across from AdventHealth Downtown Orlando's $1+ billion campus expansion. The offering is anchored by Walgreen's Specialty Pharmacy on a multi-year lease and structured to deliver a guaranteed 6.50% Day-One cap rate: the seller will execute a sale-leaseback on any remaining vacancy, fully stabilizing income at closing and removing all lease-up risk. Both buildings are built to medical-grade and ADA specifications with FF&E available & turnkey for the next physician group, surgical practice, or healthcare investor. Ivanhoe Village is one of Central Florida's most supply-constrained medical corridors, making this a rare, credit-backed infill opportunity at a stabilized 6.50% cap.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ivanhoe Medical Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

AC-2/T

APN/PARCEL ID

13-2229-0003-00-010

ASK ABOUT THIS PROPERTY

Michael CurtisMillenia PartnersMore Info
321-463-3931

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Michael CurtisMillenia PartnersMore Info
321-463-3931

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