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Multi-Unit Office Property
New
For Lease
$18 SF/Yr Modified Gross

500 W Lake Mary Boulevard Unit 301, Sanford, FL 32773

Flexible office suites with build-to-suit options, elevator access, on-site parking, and modified gross lease structure.

Space Size1,400 SF - 35,000 SF
Days on Market2

Property Features for 500 W Lake Mary Boulevard Unit 301

General Information

Standard status Active
Size 1,400 SF - 35,000 SF
Net Rentable 1,400 SF
Elevators Yes
Zoning GC-2
Lease Type Modified Gross

Space & Availability

Available Space 1,400-35,000 SF
Divisible Yes
Space Use Office
Condition Built-to-Suit

Building Details

Year Built 1987
Stories 3
Listing Agency: DOVER INTERNATIONAL CO., INC.
Listed By: Louis Joachim · License #3278476
Source: Livewelltampabay
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 3 at 2:08AM

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 DOVER INTERNATIONAL CO., INC.

Investment Insights

Based on property information with market context.

This three-story office center offers multiple suite configurations, including approximately 25,000 SF on the second floor divided into smaller spaces and spaces ranging from 1,400 to 35,000 SF. Build-to-suit improvements are available, providing flexibility for office, corporate headquarters, school, medical office, daycare, CPA, and law office users. Elevators provide access throughout the building, and the property is professionally managed.

The property fronts W Lake Mary Boulevard at 500 W Lake Mary Boulevard Unit 301 in Sanford, Florida, within Seminole County. On-site parking is available, with banking institutions, Seminole State College, shopping, restaurants, and professional businesses nearby. Zoned GC-2, the property is offered under a modified gross structure: the tenant pays electricity, interior cleaning, phone, and internet, while the owner pays water, sewer, trash, insurance, and taxes.

Key Highlights

  • Multiple office spaces available from 1,400 to 35,000 SF
  • Approximately 25,000 SF on the 2nd floor is divided into smaller suites
  • Build‑to‑suit office configurations available

Property Analytics

Current Use

Seminole County Environmental County Government Office Seminole County Sewer ... County Government Office Seminole County Cross ... County Government Office

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Skin Care Clinic Hair Salon Nail Salon

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby

Demographics for 32773, FL

33,990
Population
13,402
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
1,232
Density / Sq Mi
$63,496
Median Household Income
$40,479
Median Earnings
$1,482
Median Rent
$259,600
Median Home Value

Market

Lease Benchmarks for Sanford, FL

$46.14 /SF/Yr
Avg Asking Price
$11.34–$285 /SF/Yr
Price Range
21,408 SF
Avg Space Size

This space is priced 61% below the average of $46.14 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office suites with build-to-suit options, elevator access, on-site parking, and modified gross lease structure.
Where is this office units located?
The property is located at 500 W Lake Mary Boulevard Unit 301 Sanford, FL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Multiple office spaces available from 1,400 to 35,000 SF; Approximately 25,000 SF on the 2nd floor is divided into smaller suites; Build‑to‑suit office configurations available
More about this property
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