Office Building with Six
For Sale
$3,880,000
131 S Country Club Rd, Lake Mary, FL 32746
NNN-leased office property with flexible multi-tenant configuration, modern finishes, elevator access, and EV charging stations.
Property Size10,592 SF
Lot Size1.10 Acres
Price / SF$366.31
Days on Market49
Property Features for 131 S Country Club Rd
General Information
Standard status
Active
Size
10,592 SF
Elevators
Yes
Lot size
1.10 Acres
Additional Details
Cap Rate
7%
Public Transit
Yes
Office Units
6
Amenities
six modern kitchenettes
multiple interior stairwells
secure access control system
EV charging stations
crown signage on two sides
Building Details
Year Built
2021
Buildings
1
Building Size
10,592 SF
Listing Agency:
STIRLING INTERNATIONAL REAL ES
Listed By:
Roger Soderstrom, Jr · License #3253644
(407) 617-2830
Source:
Livewelltampabay
Added: Sep 15
Changed: Oct 26
Last Checked: Oct 7 at 4:44PM
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 STIRLING INTERNATIONAL REAL ES
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Investment Insights
Based on property information with market context.
Built in 2021, this 10,592-square-foot office building occupies a 1.1-acre site at 131 S Country Club Rd in Lake Mary, Florida. The property is leased under an NNN structure to a longstanding tenant and includes six separately metered office suites that can support future multi-tenant use. Each suite features a kitchenette with quartz countertops and stainless steel appliances, while the building also provides multiple interior stairwells, an elevator, and secure access control.
Additional improvements include ample parking, EV charging stations, and crown signage on two sides. Second-floor offices have views of Lake Mary. The property is located near Downtown Lake Mary and the SunRail Station, with visibility from its position on S Country Club Rd.
Additional improvements include ample parking, EV charging stations, and crown signage on two sides. Second-floor offices have views of Lake Mary. The property is located near Downtown Lake Mary and the SunRail Station, with visibility from its position on S Country Club Rd.
Key Highlights
- 10,592‑square‑foot office building on a 1.1‑acre site
- NNN lease with a longstanding tenant and 7 CAP
- Six separately metered office suites for flexible multi‑tenant use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$158,244
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,164,880
$3.2M
Cap Rate 7%
$2,260,629
$2.3M
Cap Rate 9%
$1,758,267
$1.8M
Market Conditions
NOI Build-Up for 10,592 SF
Gross rent
$254.2K $24.00/SF
− Vacancy
−$43.2K −$4.08/SF
EGI
$211.0K $19.92/SF
− OpEx
−$52.7K −$4.98/SF
NOI
$158.2K $14.94/SF
Area
Seminole County, FL
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 Rate 5%
$3,164,880
Cap Rate 7%
$2,260,629
Cap Rate 9%
$1,758,267
Alternative Uses
Best Use
Office B
$2.26M
$1.98M – $2.64M
NOI $158,244 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.01M
$2.64M – $3.52M
NOI $210,993 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
6
Office units
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
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Business Placement
Demographics for 32746, FL
45,828
Population
20,204
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
97%
High-School Grad
21.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$111,534
Median Household Income
$55,860
Median Earnings
$1,912
Median Rent
$420,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - NNN-leased office property with flexible multi-tenant configuration, modern finishes, elevator access, and EV charging stations.
Where is this office building located?
The property is located at 131 S Country Club Rd Lake Mary, FL.
What is the asking price?
The asking price for this property is $3,880,000.
What are key features of this property?
This property features: 10,592‑square‑foot office building on a 1.1‑acre site; NNN lease with a longstanding tenant and 7 CAP; Six separately metered office suites for flexible multi‑tenant use
