850 E Altamonte Dr - Office FOR SALE
Altamonte Springs, FL 32701 |
850 E Altamonte Dr
Altamonte Springs, FL 32701
HIGHLIGHTS
- An occupant since January 2016, 24-7 Intouch's lease continues through December 2028 on a NNN structure
- The property was strategically selected by 24-7 Intouch due to its close proximity to their targeted labor pool
- The existing lease currently averaged 5% less than the current market rate and will be almost 25% below market when the lease matures
- Combining below market rents with a NNN lease structure, this offers an excellent opportunity for tremendous cash flow growth and value appreciation
- 24-7 Intouch is a global contact management outsourcing company delivering customer service solutions across all industry segments
- More than 1.38 million people can reach this location within a 30-minute drive via easy access from two major freeways located just miles away
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Galloway Building
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
98204
STORIES
7
BUILDING CLASS
B
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
552
LAND DETAILS
LAND ACRES
8.79 AC AC
LAND SF
382,892 SF
ZONING
-
APN/PARCEL ID
12-21-29-5BE-0000-4350
