Flex Space with Two Built-Out Office
New
For Sale
$1,150,000
6881 KINGSPOINTE Pkwy 1&2, Orlando, FL 32819
Two leased, office-configured flex units in a 2006 industrial business park with layouts for office and operational space.
Days on Market3
Property Features for 6881 KINGSPOINTE Pkwy 1&2
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Office Units
2
Building Details
Building Size
4,265 SF
Year Built
2006
Tenancy
Multi
Listing Agency:
Compass
(407) 448-6679
Listed By:
Kim Meredith-Hampton · License #601196
(407) 448-6679
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 8:13PM
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
Investment Insights
Based on property information with market context.
This flex space offering includes two fully built-out office units within a well-maintained industrial business park. Both units were originally designed as industrial flex space and are currently configured for office use, giving an owner-user flexibility to maintain the existing layouts or adapt the space for industrial or warehouse functionality. Unit 1 includes private and semi-private offices on the lower level, a restroom, and two private offices upstairs. Unit 2 features a conference room and multiple private offices on the lower level, a dedicated server room, a kitchen/break area, storage, a restroom, and three additional offices upstairs.
The property is located in the Kingspointe business corridor at 6881 KINGSPOINTE Pkwy 1&2 in Orlando. It provides convenient regional access to Florida’s Turnpike, I-4, SR 408, Downtown Orlando, and Orlando International Airport.
BikeScore is 45 (somewhat bikeable), walkScore is 34 (car-dependent), and transitScore is 33 (some transit).
The property is located in the Kingspointe business corridor at 6881 KINGSPOINTE Pkwy 1&2 in Orlando. It provides convenient regional access to Florida’s Turnpike, I-4, SR 408, Downtown Orlando, and Orlando International Airport.
BikeScore is 45 (somewhat bikeable), walkScore is 34 (car-dependent), and transitScore is 33 (some transit).
Key Highlights
- Two fully built‑out flex units configured for office use
- Unit 1 layout: private and semi‑private offices downstairs, restroom, two private offices upstairs
- Unit 2 layout: conference room and three offices downstairs, server room, kitchen/break area, restroom, three offices upstairs
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
Warehouse
$413.3K
$361.6K – $482.2K
NOI $28,931 @ 7.0% cap · market cap 2.52%
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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
Balanced
Demand for This Use
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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Similar Off Market Nearby
- Mwca Inc — 6881 Kingspointe Pkwy STE 4, Orlando, FL 32819
- Maria Maria Taqueria — 5001 w sand lake rd, orlando, fl 32819
- The Point Grill — 5001 sand lake rd, orlando, fl 32819
- Catering And Events — 5454 International Dr, Orlando, FL 32819
Frequently Asked Questions
What type of property is this?
Flex space - Two leased, office-configured flex units in a 2006 industrial business park with layouts for office and operational space.
Where is this flex space located?
The property is located at 6881 KINGSPOINTE Pkwy 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 fully built‑out flex units configured for office use; Unit 1 layout: private and semi‑private offices downstairs, restroom, two private offices upstairs; Unit 2 layout: conference room and three offices downstairs, server room, kitchen/break area, restroom, three offices upstairs
