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Altamonte Springs Office Building Investment
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850 E Altamonte Dr, Altamonte Springs, FL 32701

Fully occupied office building with NNN lease and future potential.

Property Size98,204 SF
Lot Size8.79 Acres
Price / SF$159.77
Days on Market706

Property Features for 850 E Altamonte Dr

General Information

Standard status Active
Size 98,204 SF
Lot size 8.79 Acres
Property subtype Office
Zoning MOR-2 (Mixed Office Residential), City of Altamonte Springs
Occupancy 100%

Building Details

Year Built 1976
Year Renovated 2016
Listing Agency: Colliers - Orlando, Florida
Listed By: Matthew McKeever · License #FL 447170
Source: Crexi
Added: Nov 7, 2024 Changed: Oct 8 Last Checked: Oct 12 at 7:03PM

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 Colliers - Orlando, Florida

Investment Insights

Based on property information with market context.

The property, known as 850 Altamonte, is a seven-story office building with a size of approximately 98,204 square feet. It is strategically located on an approximately 8.79-acre site in Altamonte Springs, Florida, situated between two major highways and within walking distance of a SunRail commuter train station. The building is 100% occupied by IntouchCX, a global contact management leader, under a NNN lease. IntouchCX has the capacity to employ 1,000 crewmembers at this location. The property is located across from Altamonte Springs City Hall in the city center, surrounded by restaurants, apartments, residential neighborhoods, and other amenities. This property offers investors the opportunity to enjoy stabilized income from an institutional-quality occupant and the potential to densify the site in the future.

Key Highlights

  • 100% occupied by IntouchCX, a global contact management leader.
  • NNN lease provides stabilized, reliable income.
  • Strategically located on +/-8.79 acres in Altamonte Springs, Florida.

Property Analytics

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Current Use

Intouch CX - Orlando Bpo Company

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Garden Center Cafe & Coffee Shop Electrical Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,485
Businesses Nearby

Demographics for 32701, FL

23,265
Population
12,085
Households
1.9
Avg Household Size
40
Median Age
35%
College-Educated
93%
High-School Grad
5.6 sq mi
ZIP Area
4,154
Density / Sq Mi
$62,008
Median Household Income
$37,359
Median Earnings
$1,609
Median Rent
$258,100
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 South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully occupied office building with NNN lease and future potential.
Where is this office building located?
The property is located at 850 E Altamonte Dr Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $15,690,000.
What are key features of this property?
This property features: 100% occupied by IntouchCX, a global contact management leader.; NNN lease provides stabilized, reliable income.; Strategically located on +/-8.79 acres in Altamonte Springs, Florida.
(407) 927-2006 Call to check price and availability
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