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Westpointe Cir Orlando, FL 32835

Sponsored
For Sale
$465,000

High-Cap Rate, Net Lease, 1,160 SF

Property size:
1,160 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional executive office suite, totaling 1,160 square feet, is situated in the desirable Veranda Park, Metrowest area of Orlando, Florida. Currently 100% occupied under a net lease with a remaining term of approximately 0.5 years (expiring May 31, 2025), this property offers a compelling investment opportunity with a strong 5.68% cap rate and a current NOI of $26,400. The suite, located on the third floor of a three-story building within a four-building complex (built in 2005), boasts two main entrances, a spacious reception area, four private offices, a storage room, and a large conference room. Conveniently located near I-4 and 408, with numerous restaurants and shops within walking distance, this property benefits from excellent accessibility and a prime location. The lease commenced June 1, 2023, and the tenant pays $3,100 monthly plus sales tax and utilities. The property is zoned for office use and sits on a 1,160 square foot lot. This is a single-tenant, gross lease investment opportunity with a strong tenant and a short-term lease providing a quick return on investment. The property is in excellent condition and ready for immediate occupancy upon lease expiration.

Property Features for 0 Westpointe Cir

General Information

Property type
Office Properties & Spaces
Square Feet
1,160 SF

Building Details

Year Built
2005
Buildings
4
Stories
3

HighLights

  • $465,000 asking price for a 1,160 SF executive office suite in Orlando, FL.
  • Net lease investment opportunity with a 5.68% cap rate.
  • Currently 100% occupied with a gross lease, generating $26,400 in NOI.
  • Two‑year lease term remaining, expiring May 31, 2025.
  • Located in the Metrowest area of Orlando, near I‑4 and 408, with convenient access to restaurants and shopping.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Orlando
County
Orange
State
Florida
Longitude
-81.482803139585
Latitude
28.516370211984

FAQs

What type of property is this?
Office Property / Space - High-Cap Rate, Net Lease, 1,160 SF
Where is this office property / space located?
The property is located at Westpointe Cir Orlando, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: $465,000 asking price for a 1,160 SF executive office suite in Orlando, FL.; Net lease investment opportunity with a 5.68% cap rate.; Currently 100% occupied with a gross lease, generating $26,400 in NOI.
More about this property
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