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Freestanding Medical Office Building
For Lease
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114 West Underwood Street, Orlando, FL 32806

Move-in ready suite with existing exam rooms, private physician offices, and dedicated parking near Orlando’s major hospital campus.

Space Size1,544 SF
Days on Market95

Property Features for 114 West Underwood Street

General Information

Standard status Active
Size 1,544 SF
Class C
Total Parking Spaces 6
Property subtype Office
Zoning AC-2

Additional Details

Highway Access Yes

Building Details

Building Size 1,544 SF
Year Built 1984
Tenancy Single

Spaces For Lease

at 114 West Underwood Street Contact us

Space 1

Size
1,544 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Professional Commercial Real Estate Services
Listed By: Juan Jimenez · License #BK3262702
Source: Crexi
Added: May 27 Changed: Aug 18 Last Checked: Aug 28 at 8:02PM

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 Professional Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This freestanding medical office building is set up for clinical use, with existing exam rooms, a lobby/reception area, and private physician offices. The available space totals 1,544 SF and includes six dedicated parking spaces, along with street signage to support patient and guest wayfinding.

The property is located steps from Orlando Regional Medical Center (ORMC), Orlando Health’s flagship hospital campus in the SoDo district. The area is also positioned for straightforward regional access via I-4 and SR 408, which can support both staff commutes and patient travel. The building is zoned AC-2, City of Orlando.

This layout and site configuration are well suited for physicians and specialists seeking a dedicated on-site clinic environment, including dental, behavioral health, and other specialty practice users. With private offices alongside exam room space, the interior plan can support patient flow and day-to-day operations without requiring a full buildout. Dedicated parking and street signage help reduce friction for visitors coming to and from appointments.

Key Highlights

  • Freestanding medical office building steps from Orlando Regional Medical Center (ORMC) in Orlando’s SoDo district
  • Move‑in ready 1,544 SF space with existing exam rooms, lobby/reception area, and private physician offices
  • 6 dedicated parking spaces plus street signage

Property Analytics

Current Use

Marijuana Care Clinic Medical Clinic Medicinal Life Medical Clinic Yuk Tong Cheng Alternative Medicine Practice Nai Realvest Real Estate Agency

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Veterinary Clinic Wine and Liquor Store Discount Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,123
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32806, FL

26,582
Population
12,529
Households
2.1
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
3,909
Density / Sq Mi
$86,653
Median Household Income
$54,012
Median Earnings
$1,500
Median Rent
$415,800
Median Home Value

Market

Lease Benchmarks for Orlando, FL

$24.43 /SF/Yr
Avg Asking Price
$17.45–$35 /SF/Yr
Price Range
9,123 SF
Avg Space Size

Vacancy Rate% for Office in Orlando, FL

9.5% 2019
11.2% 2020
13.2% 2021
13.7% 2022
15.5% 2023
17% 2024
17.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • SODO Veterinary Hospital 1751 S Orange Ave, Orlando, FL 32806

Frequently Asked Questions

What type of property is this?
Medical Office Space - Move-in ready suite with existing exam rooms, private physician offices, and dedicated parking near Orlando’s major hospital campus.
Where is this medical office space located?
The property is located at 114 West Underwood Street Orlando, FL.
What are key features of this property?
This property features: Freestanding medical office building steps from Orlando Regional Medical Center (ORMC) in Orlando’s SoDo district; Move‑in ready 1,544 SF space with existing exam rooms, lobby/reception area, and private physician offices; 6 dedicated parking spaces plus street signage
More about this property
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