Single-Tenant Office
For Sale
$8,500,000
8545 Commodity Cir, Orlando, FL 32819
Two-story corporate facility with an absolute net lease and annual escalations.
Property Size33,838 SF
Price / SF$251.20
Days on Market48
Property Features for 8545 Commodity Cir
General Information
Standard status
Active
Size
33,838 SF
Property subtype
Single-Tenant Office
Amenities
Absolute Net Lease Office with 5+ Years Remaining
Located in the Tourist Corridor - Near Universal, SeaWorld, Orlando Convention Center, International Drive, and the Orlando International Airport
Financially Strong Tenant with Lengthy Operating History in the Buildign
Building Details
Building Size
33,838 SF
Year Built
1999
Listed By:
Will Harding · License #License(s): FL: BK3377411
(904) 672-1445
Source:
Marcusmillichap
Added: Sep 1
Changed: Oct 3
Last Checked: Oct 16 at 5:47AM
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 Will Harding
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story office building contains 33,838 square feet and was constructed in 1999. Vacation Innovations occupies the property as its headquarters, with the lease structured on an absolute net basis and including annual escalations. The single-tenant configuration provides a clearly defined occupancy profile for an office investor.
The property is located at 8545 Commodity Cir in Orlando’s Southpark Office Center, within the city’s Tourist Corridor. The surrounding office developments were established from the mid-1990s through the early 2000s and are positioned near I-4. Corporate and regional occupants in the broader area include Diamond Resorts, Vistana, Westgate Resorts, Holiday Inn Club Vacations, CVS Health, and Costco.
The property is located at 8545 Commodity Cir in Orlando’s Southpark Office Center, within the city’s Tourist Corridor. The surrounding office developments were established from the mid-1990s through the early 2000s and are positioned near I-4. Corporate and regional occupants in the broader area include Diamond Resorts, Vistana, Westgate Resorts, Holiday Inn Club Vacations, CVS Health, and Costco.
Key Highlights
- 33,838‑square‑foot two‑story office building
- Single‑tenant occupancy by Vacation Innovations
- Absolute net lease structure with annual escalations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$631,925
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,638,500
$12.6M
Cap Rate 7%
$9,027,500
$9.0M
Cap Rate 9%
$7,021,389
$7.0M
Market Conditions
NOI Build-Up for 33,838 SF
Gross rent
$1.02M $30.00/SF
− Vacancy
−$172.6K −$5.10/SF
EGI
$842.6K $24.90/SF
− OpEx
−$210.6K −$6.23/SF
NOI
$631.9K $18.67/SF
Area
Orlando, FL
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,638,500
Cap Rate 7%
$9,027,500
Cap Rate 9%
$7,021,389
Alternative Uses
Best Use
Office B
$9.03M
$7.90M – $10.53M
NOI $631,925 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.90M
$9.54M – $12.72M
NOI $763,028 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,291
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office building - Two-story corporate facility with an absolute net lease and annual escalations.
Where is this office building located?
The property is located at 8545 Commodity Cir Orlando, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 33,838‑square‑foot two‑story office building; Single‑tenant occupancy by Vacation Innovations; Absolute net lease structure with annual escalations
