Westpointe Cir Orlando, FL 32835
- Office properties & Spaces
- 1,160 SF
Current Use by Public Records
- Office properties & Spaces
Property Details for 0 Westpointe Cir
- Year built
- 2005
- Property size
- 1,160 SF
- Property type
- Office properties & Spaces
Description
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.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.4828
- Latitude
- 28.5164