Two-Unit Office Investment
For Sale
$1,135,000
121 South Orange Avenue Unit 940 N, Orlando, FL 32801
Two leased office units in the Plaza Building’s North Tower, offering established space with balconies and conference rooms.
Property Size500,000 SF
Price / SF$177.32
Days on Market71
Property Features for 121 South Orange Avenue Unit 940 N
General Information
Standard status
Active
Size
500,000 SF
Class
A
Property subtype
Office
Occupancy
100%
Financials
Cap Rate
6%
Business Included
Yes
Additional Details
Office Units
2
Building Details
Building Size
500,000 SF
Year Built
2006
Tenancy
Multi
Listing Agency:
RE/MAX Direct
(407) 718-1558
Listed By:
Jeffrey Bloom, CCIM · License #B26055759
(407) 718-1558
Source:
Realvest
Added: Jun 20
Changed: Aug 26
Last Checked: Aug 29 at 8:12AM
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 RE/MAX Direct
Investment Insights
Based on property information with market context.
This offering includes two income-producing office units within the Plaza Building – North Tower. Unit 1450N totals 4,538 sq. ft. and is a corner configuration with a balcony overlooking Orange Ave. The space features an open layout, conference rooms, private offices, and a kitchen and breakroom. Unit 1470N totals 1,683 sq. ft. and has a double-door entry, new paint, and wood laminate floors. It includes a reception area, private offices, a breakroom, and conference rooms with floor-to-ceiling windows.
Both units are leased through 2026–2027. Unit 1450N is leased until March 31, 2027, and Unit 1470N is leased until October 31, 2026. The North Tower setting provides office views into downtown Orlando, including sightlines tied to Lake Eola.
For buyers or operators seeking an office asset with two separate leased spaces and defined interiors, this property offers multiple room types that can support a range of professional office needs, including meeting-focused users. BikeScore, walkScore, and transitScore figures indicate a workable downtown environment for non-driving access, and the sale is presented with a stated 6% cap rate and NOI of $92,377.34.
Both units are leased through 2026–2027. Unit 1450N is leased until March 31, 2027, and Unit 1470N is leased until October 31, 2026. The North Tower setting provides office views into downtown Orlando, including sightlines tied to Lake Eola.
For buyers or operators seeking an office asset with two separate leased spaces and defined interiors, this property offers multiple room types that can support a range of professional office needs, including meeting-focused users. BikeScore, walkScore, and transitScore figures indicate a workable downtown environment for non-driving access, and the sale is presented with a stated 6% cap rate and NOI of $92,377.34.
Key Highlights
- 2007‑built Plaza Building North Tower in downtown Orlando, offering two leased office units totaling 6,401 sq. ft.
- Unit 1450N: 4,538 sq. ft. corner office with balcony overlooking Orange Ave; open layout plus conference rooms, private offices, kitchen and breakroom; leased through Mar 31, 2027.
- Unit 1470N: 1,683 sq. ft. office with double‑door entry; private offices, reception area, breakroom, and conference rooms with floor‑to‑ceiling windows; leased through Oct 31, 2026.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
8,933
Businesses Nearby
Explore this area
Business Placement
Demographics for 32801, FL
17,728
Population
12,133
Households
1.5
Avg Household Size
36
Median Age
63%
College-Educated
95%
High-School Grad
2.2 sq mi
ZIP Area
8,058
Density / Sq Mi
$77,626
Median Household Income
$63,090
Median Earnings
$1,773
Median Rent
$397,600
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
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Frequently Asked Questions
What type of property is this?
Office units - Two leased office units in the Plaza Building’s North Tower, offering established space with balconies and conference rooms.
Where is this office units located?
The property is located at 121 South Orange Avenue Unit 940 N Orlando, FL.
What is the asking price?
The asking price for this property is $1,135,000.
What are key features of this property?
This property features: 2007‑built Plaza Building North Tower in downtown Orlando, offering two leased office units totaling 6,401 sq. ft.; Unit 1450N: 4,538 sq. ft. corner office with balcony overlooking Orange Ave; open layout plus conference rooms, private offices, kitchen and breakroom; leased through Mar 31, 2027.; Unit 1470N: 1,683 sq. ft. office with double‑door entry; private offices, reception area, breakroom, and conference rooms with floor‑to‑ceiling windows; leased through Oct 31, 2026.
