Prime location in Seminole County just off the main road, Lake Mary Blvd. and international Parkway surrounded by residential and retail, grocery stores, businesses, banking institutions, and restaurants. Visible from I-4 and a quick drive to 417 Greenway. Office Space occupied with long term tenant. New lease renewed for 5 years, set to expire on April 2029, Modified Gross with a 4% annual increase. Cap 5.2% first year an projected to 6.4% on the fifth year.
Financial Considerations
Price:
$975,000
HOA Fee:
N/A
Tax Amount:
$8273.45
Price per SqFt:
$349.84
Tax Legal Description:
UNITS N1 O1 P1 Q1 & R1 PHASE 10 LAKE MARY PROFESSIONAL CAMPUS A CONDOMINIUM ORB 5599 PG 880