Commercial Real Estate Professionals, Inc and Mark Allen, CCIM are pleased to present this Sub-Lease Opportunity at HIGHLY DISCOUNTED RATES Located at 850 East Altamonte Drive, Altamonte Springs, Florida 3270.
Available for Lease Floors: 2, 3, and 4
Total 42,087(+-) SF.
Square foot Per Floor: 14,029(+-) SF
The entire Building Size: 98,204(+-) SF, Site Area: 8.79(+-) Acres and a great Parking Ratio: 5.6(+-) parking spaces per 1,000 SF.
Sub-Lease Terms and Conditions:
Estimated Tenant NNN Lease: CAM and Utility Expenses for 3 Vacant Floors (floors 2,3,4): $557,232* Annually + CAM and Utility Expense Per Floor: $185,744(+-) Annually
Estimated Approximate Term Remaining: Approximately 3 (+/-) years remaining on the Lease:
A single Tenant can Sub-Lease 14,029(+-) SF (one floor) or up to 42,087(+-) SF (all 3 floors: 2, 3, and 4)
The Sub-Lease would be $5 PSF plus estimated approximately $13.24(+-) PSF for CAM and Utilities on a NNN Lease.
Should a Single Tenant Lease 2 Floors or All 3 Floors there may be an opportunity Incentive Discount to be determined and negotiated.
** It would be a NNN Lease and there would be No Rent Abatement/Free Rent and NO Tenant Improvement Allowance.
***Annual Escalation: Base Rent would remain the same and CAM and Utilities would increase based upon any increase of NNN expenses