35-39 W Pine St, Orlando, FL
Two-story, 17,000 SF mixed-use building in Downtown Orlando.
- Added:
- Apr 18, 2024
- Days on Market:
- 783
- Last Refresh:
- May 20 at 8:27 pm
Property Features for 35-39 W Pine St
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Lot size
- 0.23 Acres
- Property subtype
- OFFICE
Listing agent Jere’ Matheny
Listing office First Capital Property Group (407) 872-0209
Listing date Apr 18, 2024
Source Moodyscre
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 First Capital Property Group
HighLights
- Prime location in the heart of Downtown Orlando, steps from the intersection of Orange Ave and Pine St.
- Mixed‑use building with ±17,000 SF, offering flexibility for owner‑users to occupy office space and generate retail revenue.
- Rare opportunity available for the first time in three decades.
- Potential to occupy 8,500 SF of re‑imagined office space.
- Potential to generate revenue from 8,500 SF of ground‑level retail space.
- Located in an area with ongoing, high‑value development.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $493.7k | $29.04 |
| − Vacancy | −$16.8k | −$0.99 |
| EGI | $476.9k | $28.05 |
| − OpEx | −$143.1k | −$8.42 |
| NOI | $333.8k | $19.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.3799
- Latitude
- 28.5414