Westpointe Cir Orlando, FL 32835

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.