Medical Office Building with Sleep
For Sale
$1,400,000
10916 Dylan Loren Circle Unit 10, Orlando, FL 32825
Fully leased facility with pulmonary and sleep lab space, kitchen, bathrooms, and dedicated staff work areas.
Property Size5,100 SF
Price / SF$274.51
Days on Market75
Property Features for 10916 Dylan Loren Circle Unit 10
General Information
Standard status
Active
Size
5,100 SF
Property subtype
Commercial
Occupancy
100%
Amenities
inviting reception room
full service kitchen
3 bathrooms
8 Sleep Lab rooms
nurse working station
Doctors work area
X Ray exam room
Building Details
Year Built
2006
Tenancy
Single
Listing Agency:
FLORIDA REALTY INVESTMENTS
Listed By:
Alain Hart · License #3017893
(407) 340-4165
Source:
Realtygroupfl
Added: Jul 4
Changed: Sep 15
Last Checked: Sep 15 at 8:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FLORIDA REALTY INVESTMENTS
Investment Insights
Based on property information with market context.
This 5,100-square-foot medical office facility in Woodland Lakes Prof Center was built in 2006 and is used for pulmonary and sleep lab operations. The layout includes an inviting reception room, full-service kitchen, three bathrooms, eight sleep lab rooms, a nurse working station, doctors’ work area, and an X-ray exam room.
The building is fully leased for five years to Advent Health and is located at 10916 Dylan Loren Circle, Unit 10, Orlando, FL 32825. The property provides a purpose-built configuration for its current medical use, with patient-facing, clinical, and staff support areas incorporated into the facility.
The building is fully leased for five years to Advent Health and is located at 10916 Dylan Loren Circle, Unit 10, Orlando, FL 32825. The property provides a purpose-built configuration for its current medical use, with patient-facing, clinical, and staff support areas incorporated into the facility.
Key Highlights
- 5,100‑square‑foot medical office facility built in 2006
- Fully leased for five years to Advent Health
- Eight sleep lab rooms and an X‑ray exam room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,194
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,523,880
$1.5M
Cap Rate 7%
$1,088,486
$1.1M
Cap Rate 9%
$846,600
$846.6K
Market Conditions
NOI Build-Up for 5,100 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$122.4K $24.00/SF
− Vacancy
−$20.8K −$4.08/SF
EGI
$101.6K $19.92/SF
− OpEx
−$25.4K −$4.98/SF
NOI
$76.2K $14.94/SF
Area
ZIP 32825
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,523,880
Cap Rate 7%
$1,088,486
Cap Rate 9%
$846,600
Alternative Uses
Best Use
Office B
$1.09M
$952.4K – $1.27M
NOI $76,194 @ 7.0% cap · market cap 5.44%
Second Best
Healthcare Medical
$1.09M
$950.1K – $1.27M
NOI $76,010 @ 7.0% cap · market cap 5.43%
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $104,858 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32825, FL
61,755
Population
22,360
Households
2.8
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
18.4 sq mi
ZIP Area
3,356
Density / Sq Mi
$79,942
Median Household Income
$37,957
Median Earnings
$1,738
Median Rent
$327,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Orlando, FL
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased facility with pulmonary and sleep lab space, kitchen, bathrooms, and dedicated staff work areas.
Where is this medical office space located?
The property is located at 10916 Dylan Loren Circle Unit 10 Orlando, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 5,100‑square‑foot medical office facility built in 2006; Fully leased for five years to Advent Health; Eight sleep lab rooms and an X‑ray exam room
