80 W Michigan St - Medical FOR SALE


Orlando, FL 32806- SoDo
$5,600,000 USD
321-231-5262
80 W Michigan St, Orlando, FL for Sale
$5,600,000 USD
Medical - FOR SALE
1/17
null | 5.07% Cap Rate

80 W Michigan St
Orlando, FL 32806
SoDo


HIGHLIGHTS

  • Great location South of downtown with good access to I-4.
  • Constructed in 2010
  • First Time on Market

OVERVIEW

Neighboring the heart of Orlando Health’s Flagship Campus, this purpose-built single-tenant medical office (MOB) is 100% Leased. This site is located within the special plan designation (the “SODO” Plan Area). This overlay put forth by the City of Orlando was designed to “encourage redevelopment, create a highly visible and memorable node of activity and establish the intersection of Division Avenue and Kaley Street as the western gateway to the “South Downtown Subarea”. Offering Memorandum available upon execution of Non-Disclosure Agreement.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$602 USD /SF

CAP RATE

5.07%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,051 SF

ZONING

I-G/SP

APN/PARCEL ID

02-2329-1184-02-090

ASK ABOUT THIS PROPERTY

Christine GoldmanBishop Beale DuncanMore Info
321-231-5262

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Christine GoldmanBishop Beale DuncanMore Info
321-231-5262

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