460 E Altamonte Dr - Medical FOR SALE


Altamonte Springs, FL 32701
$9,000,000 USD
407-684-6420
460 E Altamonte Dr, Altamonte Springs, FL for Sale
$9,000,000 USD
Medical - FOR SALE
1/22
null | Request Cap Rate

460 E Altamonte Dr
Altamonte Springs, FL 32701


HIGHLIGHTS

  • Room for building expansion
  • Space for parking garage to be built

OVERVIEW

Altamonte Oaks | Class A Medical/Retail Asset Property Overview: Altamonte Oaks is a three-story, Class A Medical/Retail building consisting of 31,674 rentable square feet, strategically situated on a 2.92-acre parcel in the heart of Altamonte Springs, Florida. Originally constructed in 1989, the property underwent major renovations in 2022, including modernized common areas and a refreshed façade. Key Features: • Located on 2.92 acres, offering development potential for: • A second building—ideal for urgent care, specialty healthcare, or food service • An additional surface parking lot to further increase capacity or serve future tenants • Elegant atrium lobby with glass elevator and visibility to a front-facing monument • Parking ratio of 4.7 spaces per 1,000 SF with space for expansion • 100% leased to a strong mix of medical and retail tenants • Excellent signage, access, and frontage on E Altamonte Drive (SR 436) Location Highlights: • Walking distance to AdventHealth Altamonte Springs • Surrounded by national retailers, restaurants, hotels, and residential density • Easy access to I-4, Uptown Altamonte, and major Orlando submarkets Investment Highlights: • Stabilized, fully leased medical/retail asset with long-term tenancy • Zoned for commercial medical/retail, with room to build additional improvements • In a high-growth corridor with continued demand for healthcare services and retail convenience • Ideal for owner-user, investor, or healthcare operator looking to expand footprint

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Altamonte Oaks Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

CG, County

APN/PARCEL ID

12-21-29-5BE-0000-5640

ASK ABOUT THIS PROPERTY

Nichole GomezLoKation Real EstateMore Info
407-684-6420

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Nichole GomezLoKation Real EstateMore Info
407-684-6420

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