Furnished Office Building with
For Sale
Contact for pricing
6252 Lee Vista Blvd, Orlando, FL 32822
Furnished office building with backup generator, fiber internet, and zoning I-P access from two entrances.
Property Size63,537 SF
Lot Size5.92 Acres
Price / SF$201.85
Days on Market681
Property Features for 6252 Lee Vista Blvd
General Information
Standard status
Active
Size
63,537 SF
Total Parking Spaces
385
Lot size
5.92 Acres
Property subtype
OFFICE
Zoning
I-P
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Furnished
Yes
Amenities
fiber internet
backup generator
Building Details
Year Built
2006
Buildings
1
Building Size
63,537 SF
Construction
precast concrete panel
Parking Ratio
6.11 per 1,000 SF
Listing Agency:
Lincoln Property Company | Tampa
(813) 505-3612
Listed By:
Jon Slater
Source:
Moodyscre
Added: Nov 8, 2024
Changed: Sep 13
Last Checked: Sep 20 at 11:07AM
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 Lincoln Property Company | Tampa
Investment Insights
Based on property information with market context.
A 63,537 SF office building built in 2006 with precast concrete panel construction. The property is offered for sale or lease and includes a furnished plug-and-play setup that supports a single-tenant use. There is also an ability to demise the 1st floor to approximately 7,000 SF, offering flexibility for a smaller occupancy footprint.
The site totals 257,927 SF (5.921 acres) and includes 385 parking spaces. Access to the property is available from both Lee Vista Blvd and TPC Drive. On-site utilities include city water and sewer, and key communications and power features include fiber internet and a backup generator.
Zoned I-P (Orange County), this office property is positioned within Lee Vista Center, which the area is described as including over 2,100 hotel rooms, 700,000 SF of retail, and over 2,700 units of multi-family.
The site totals 257,927 SF (5.921 acres) and includes 385 parking spaces. Access to the property is available from both Lee Vista Blvd and TPC Drive. On-site utilities include city water and sewer, and key communications and power features include fiber internet and a backup generator.
Zoned I-P (Orange County), this office property is positioned within Lee Vista Center, which the area is described as including over 2,100 hotel rooms, 700,000 SF of retail, and over 2,700 units of multi-family.
Key Highlights
- 63,537 SF office building with precast concrete panel construction built in 2006
- Ability to demise the 1st floor to approximately 7,000 SF
- Site size of 257,927 SF (5.921 acres)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,044,167
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$20,883,340
$20.9M
Cap Rate 7%
$14,916,671
$14.9M
Cap Rate 9%
$11,601,856
$11.6M
Market Conditions
NOI Build-Up for 63,537 SF
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.
Gross rent
$1.68M $26.40/SF
− Vacancy
−$285.2K −$4.49/SF
EGI
$1.39M $21.91/SF
− OpEx
−$348.1K −$5.48/SF
NOI
$1.04M $16.43/SF
Area
ZIP 32822
Vacancy
17.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$20,883,340
Cap Rate 7%
$14,916,671
Cap Rate 9%
$11,601,856
Alternative Uses
Best Use
Office B
$14.92M
$13.05M – $17.40M
NOI $1,044,167 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$19.10M
$16.71M – $22.28M
NOI $1,336,785 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
Explore this area
Business Placement
Demographics for 32822, FL
64,120
Population
27,437
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
13.6 sq mi
ZIP Area
4,715
Density / Sq Mi
$52,944
Median Household Income
$31,368
Median Earnings
$1,609
Median Rent
$222,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
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Frequently Asked Questions
What type of property is this?
Office building - Furnished office building with backup generator, fiber internet, and zoning I-P access from two entrances.
Where is this office building located?
The property is located at 6252 Lee Vista Blvd Orlando, FL.
What is the asking price?
The asking price for this property is $12,825,000.
What are key features of this property?
This property features: 63,537 SF office building with precast concrete panel construction built in 2006; Ability to demise the 1st floor to approximately 7,000 SF; Site size of 257,927 SF (5.921 acres)
