Two Built-Out Office Units in Industrial
New
For Sale
$1,150,000
6881 KINGSPOINTE PARKWAY #1&2, Orlando, FL 32819
Two tenant-occupied, office-configured units within a well-maintained business park with convenient Orlando expressway access.
Property Size4,265 SF
Price / SF$269.64
Days on Market4
Property Features for 6881 KINGSPOINTE PARKWAY #1&2
General Information
Standard status
Active
Size
4,265 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Office Units
2
Building Details
Year Built
2006
Tenancy
Multi
Listing Agency:
COMPASS FLORIDA LLC
(727) 380-2067
Listed By:
Kim Meredith-Hampton · License #601196
Source:
Endlesssummerrealty
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 5:00AM
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 COMPASS FLORIDA LLC
Investment Insights
Based on property information with market context.
Two fully built-out office units are available inside a well-maintained industrial business park at Drew Tine Commercial Center in Orlando. The spaces were originally designed as industrial flex space, and both units are currently configured for office use. For an owner-user, the current layouts offer immediate functionality, while the underlying flex design supports reimagining the space for industrial or warehouse use.
Unit 1 includes a private office downstairs, semi-private office downstairs, one restroom, and two private offices upstairs. Unit 2 offers a larger office-and-support configuration, with a conference room downstairs, three private offices downstairs (one with a barn door feature), a large storage room, dedicated server room, kitchen/break area, one downstairs restroom, and three additional private offices upstairs.
The units are located in the Kingspointe business corridor with convenient access to Florida’s Turnpike, I-4, SR 408, Downtown Orlando, and Orlando International Airport. Both units are currently tenant-occupied.
Unit 1 includes a private office downstairs, semi-private office downstairs, one restroom, and two private offices upstairs. Unit 2 offers a larger office-and-support configuration, with a conference room downstairs, three private offices downstairs (one with a barn door feature), a large storage room, dedicated server room, kitchen/break area, one downstairs restroom, and three additional private offices upstairs.
The units are located in the Kingspointe business corridor with convenient access to Florida’s Turnpike, I-4, SR 408, Downtown Orlando, and Orlando International Airport. Both units are currently tenant-occupied.
Key Highlights
- Two office units in a well‑maintained industrial business park at Drew Tine Commercial Center
- Unit 1 layout: private office, semi‑private office, restroom, and two upstairs private offices
- Unit 2 layout: conference room, three downstairs private offices, dedicated server room, kitchen/break area, and three upstairs offices
Financial Insights For Office B
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 | $128.0k | $30.00 |
| − Vacancy | −$21.8k | −$5.10 |
| EGI | $106.2k | $24.90 |
| − OpEx | −$26.5k | −$6.23 |
| NOI | $79.6k | $18.67 |
4,265 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.14M
$995.6K – $1.33M
NOI $79,649 @ 7.0% cap · market cap 6.93%
Second Best
Industrial
$340.4K
$297.8K – $397.1K
NOI $23,825 @ 7.0% cap · market cap 2.07%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,173 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
Explore this area
Business Placement
Demographics for 32819, FL
30,857
Population
14,689
Households
2.1
Avg Household Size
40
Median Age
51%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,491
Density / Sq Mi
$94,386
Median Household Income
$47,166
Median Earnings
$1,947
Median Rent
$454,000
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two tenant-occupied, office-configured units within a well-maintained business park with convenient Orlando expressway access.
Where is this office units located?
The property is located at 6881 KINGSPOINTE PARKWAY #1&2 Orlando, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two office units in a well‑maintained industrial business park at Drew Tine Commercial Center; Unit 1 layout: private office, semi‑private office, restroom, and two upstairs private offices; Unit 2 layout: conference room, three downstairs private offices, dedicated server room, kitchen/break area, and three upstairs offices
