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Premier Winter Springs NNN Office For Sale

$3,500,000

1016 Spring Villas Point, Winter Springs, FL 32708

Active
Last Updated: 11/28/2022

12,140 sqft

Building Size

44,431 acres

Lot Area

Details:
Building Size:    12,140 sqft
Lot Area:    44,431 acres
Year Built:    2003
Zoning:    C1
Roof:    Metal
Description:

Terrific NNN Investment Opportunity!
This Building is 100% occupied by a strong National, Engineering Credit Tenant with 3.5 years remaining on the Lease, with a five year extension option. The property is managed by a professional third party company.
This two Story Building is like new! Two stories, with an elevator. Each floor has two separated units, currently functioning for one tenant but easily divided for 1,2,3 or 4 tenants. There are 4 ADA restrooms on each floor. Currently configured for private lockable offices, cubicle space, two large conference rooms, large, executive offices, work areas, break areas, strorage and reception
This Building is located in a very low office vacancy area, servicing Winter Springs, Oviedo, UCF Area, Casselberry, Maitland, Winter Park and Longwood.
NOI for June & July 2022 was an average of $19051.65 actual. Annual is projected $228,619.80+/-. This averages to a 7% Cap for closing.
A completed non disclosure is required for additonal information.

Map:
Documents:
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floorplans.pdf
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1016 Spring Villas Pt Boundary Survey Sht 2 of 2 2.pdf
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Non-Disclosure Agreement.pdf
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1016 Spring Villas Flyer.pdf
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