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”.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$661 USD /SF

CAP RATE

5.07%

% LEASED

-

TENANCY

Multiple

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.