1655 E HWY 50 | Clermont, FL 34711
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1655 E HWY 50
Clermont, FL 34711
Office Property For Sale
Investment Highlights
- Fully built-out corporate office space for sale with great location in the highly desirable Highway 50 corridor of Clermont.
- Just minutes away from the Florida Turnpike and Highway 27, with easy access to Downtown Orlando, Walt Disney World, Universal Orlando and Sea World.
Executive Summary
This is an exceptional chance to acquire an office building in a prime location along State Highway 50,
with exposure to 52,000 vehicles per day. Built in 2008, the property maintains a remarkable
occupancy rate and features an entire floor of in-demand executive suites. The diverse tenant mix
includes medical professionals, a U.S. Government Veterans Assistance Center, an orthodontics
practice, a real estate firm with international reach, and various professionals leasing the executive suites.
This office building is a great investment opportunity, with 97% occupancy and a small
vacancy that offers real potential. Leasing the vacant space could easily increase the Net
Operating Income (NOI) by approximately $25,000, adding immediate value. With strong existing
performance and room for growth, this asset is perfectly positioned for investors looking to maximize returns.
with exposure to 52,000 vehicles per day. Built in 2008, the property maintains a remarkable
occupancy rate and features an entire floor of in-demand executive suites. The diverse tenant mix
includes medical professionals, a U.S. Government Veterans Assistance Center, an orthodontics
practice, a real estate firm with international reach, and various professionals leasing the executive suites.
This office building is a great investment opportunity, with 97% occupancy and a small
vacancy that offers real potential. Leasing the vacant space could easily increase the Net
Operating Income (NOI) by approximately $25,000, adding immediate value. With strong existing
performance and room for growth, this asset is perfectly positioned for investors looking to maximize returns.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
34,091 SF
Building Class
A
Year Built
2008
Price
$6,223,862
Price Per SF
$183
Cap Rate
7.50%
NOI
$466,790
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,422 SF
Slab To Slab
11’
Building FAR
1.91
Lot Size
0.41 AC
Zoning
R-3 - Residential/Professional District
Parking
92 Spaces (3.64 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 09-22-26-1305-018-00003 | Improvements Assessment | $2,190,684 |
| Land Assessment | $954,221 | Total Assessment | $3,144,905 |
PROPERTY TAXES
Parcel Number
09-22-26-1305-018-00003
Land Assessment
$954,221
Improvements Assessment
$2,190,684
Total Assessment
$3,144,905
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