80 W Michigan St Orlando, FL 32806
Purpose-built medical office located near Orlando Health’s flagship campus and currently 100% leased to a single AA-rated tenant.
Property Features for 80 W Michigan St
General Information
- Standard status
- Active
- Size
- 9,300 SF
- Property subtype
- Office
Building Details
- Year Built
- 2010
Listing office Bishop Beale Duncan
Listing date Jun 22, 2026
Source Crexi
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 Bishop Beale Duncan
Investment Insights
Based on property information with market context.
The property is situated next to the Heart of Orlando Health’s flagship campus and lies within the City of Orlando’s Special Plan designation for the SODO plan area. The overlay is intended to encourage redevelopment and establish the Division Avenue and Kaley Street intersection as a western gateway into the south downtown subarea.
For medical operators and healthcare-oriented investors, the property offers a purpose-built configuration tied to an existing, long-term tenant profile. With the building already leased to one medical tenant, it may be well suited for buyers seeking a stabilized medical asset within the SODO plan area near a major healthcare anchor.
Key Highlights
- Purpose‑built single‑tenant medical office (MOB) built in 2010
- 100% leased with a single AA‑rated medical tenant
- Located near Orlando Health’s flagship campus
Local 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 | $279.0k | $30.00 |
| − Vacancy | −$47.4k | −$5.10 |
| EGI | $231.6k | $24.90 |
| − OpEx | −$57.9k | −$6.23 |
| NOI | $173.7k | $18.67 |
Alternative Uses
Property Analytics
Current Use by Public Records
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