280 Ronald Reagan Blvd Longwood, FL 32750

Property Details for 280 Ronald Reagan Blvd

Year built

1986

Lot size

0.76 lot acres

Property size

11,460 SF

Property type

Office properties & Spaces

Description

This exceptional two-story, 11,460-square-foot office building in Longwood, Florida, presents a compelling investment opportunity. Constructed of concrete block in 1986 and renovated in 2015, the Class B property boasts high-end finishes and modern amenities. The building features a digital monument sign, 50 parking spaces, an elevator (installed 2016), and a TPO roof (installed 2017 with a 20-year warranty). A building generator and electric vehicle charging stations add further value. Currently 100% occupied with a single tenant under a Net Net lease until December 30, 2025 (with potential for early vacancy), the lease includes 3.5% annual rent bumps. The 0.76-acre lot is fully fenced and conveniently located within walking distance of the SunRail station, providing easy access via S Ronald Reagan Blvd. The versatile first floor is easily adaptable for multiple tenants. The property's zoning is General Commercial, and the asking price is $2,950,000 ($257.42/sq ft). This presents a strong opportunity for owner-users seeking a well-maintained, conveniently located office space in a thriving area. The property includes a building APN of 06-21-30-502-0400-0040.