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400 W State Road 434
Oviedo, FL 32765

$3,200,000 USD

Office For Sale  •  12,511 SF

Property Details

  • Property Type Office
  • Total Building Size 12,511 SF
  • Lot Size 2.31 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 5.49 %
  • Tenancy Multiple
  • Zoning C-1
0 Transit Score
8 Walk Score

Description

The property boasts a well manicured landscape, professionally appointed monument sign, and an easy in with a left turn lane for east bound traffic along SR 434.  The buildings have a contemporary appeal, single floor, with bulk parking in the front (19 spots, including 2 each handicap) and rear (22 spots, including 1 each handicap) of the 12,511 SF complex of 2 buildings.  There is parking fronting alogn the entry of the 10,000 SF building (total of 20 spots, including 1 each handicap), which runs north south behind the 2,511 SF  (7 years +/-) office structure, which fronts the property and parallels SR 434.  A pool contractor occupies the front building, a surveyor, roofing contractor, and counselling tenant complete the 10,000 SF building.

State Road 417, part of the "beltway" around Orlando, is a short 7/10 mile west of the property.  This makes for an easy connection for client's and staff for any commute to the property.  The property is a short 15 minute ride north to I-4, a 30 minute ride to Orlando International Airport, 15-20 minutes to Orlando Sanford International Airport and 25 minutes to downtown Orlando, depending upon the time of day.  Effectively, SR 417 makes this location a smart strategic office selection.  

Schools and top residential communities abound in the area of the property.  Given the demographic strength of the area and that small business leaders traditionally desire their professional office to be near their home, you can count on plenty of these decision makers to live in the area of this property and likely targets for occupancy.  Anyone desiring a satellite office on the periphery of Orlando would do well in selecting this property as a potential office.  This property is uniquely positioned in its design, layout, and parking which makes it a good multi-tenant office investment asset.

Highlights

7/10 Mile East, from SR 417, along SR 434, Oviedo
Plenty of parking with a parking ratio of 4.88 spots per 1,000 SF
Great local demographics, schools, and residential communities.

Property Flyers

Cap Rate: 5.49 %

Major Tenants

Tenant SF Occupied Lease End Date
Blue Haven Pools 2,511 SF
Don King's Concrete Inc 2,500 SF

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Longwood (SunRail - Florida Department of Transportation) 16 min - 8.7 mi
Lake Mary (SunRail - Florida Department of Transportation) 14 min - 9.4 mi
AirportDriveWalkDistance
Orlando Sanford International 14 min - 9.1 mi
Orlando International 32 min - 25.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Surface
Included in Rent: Yes
Scott Garrett 407-733-8159 BOSS Commercial Real Estate, LLC
Scott Garrett 407-733-8159 BOSS Commercial Real Estate, LLC