Property profile

960 International Pkwy Lake Mary, FL 32746

OFF-MARKET
Office Spaces
5,396 SF Built 2017
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Property summary

AI-generated overview

This exceptional single-story, 5,396 square foot Class B office building presents a compelling investment opportunity in the highly sought-after Central Parc of Lake Mary, Florida. Situated at 960 International Parkway, this fee-simple property boasts a prominent corner location with excellent visibility, anchored by Starbucks and in close proximity to major corporations like Verizon and Deloitte. Built and renovated in 2017, the building features two suites currently generating income. The larger suite, approximately 4,000 square feet, includes a reception area, multiple offices and showrooms, private spaces, and a storage room with direct exterior access. The second suite, approximately 1,100 square feet, offers an open layout with private exterior access and a restroom. Both suites benefit from floor-to-ceiling windows and high ceilings. The current tenant is flexible, potentially expanding, maintaining their current space, or vacating to allow for single-user occupancy. The property includes a private electric car charging station and is zoned PUD. Detailed floor plans and 3D tours of both units are readily available. The asking price is $2,300,000, representing a price per square foot of $426.24. The net rentable square footage is 4,995 square feet. This is a gross lease property. The property's APN is 06-20-30-300-007I-0000 & 06-20-30-300-007S-0000. A 1031 exchange is a permitted sale condition.

Property profile

Verified
Property type Office Spaces
Year built 2017
Total area 5,396 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • Marketing & Advertising Advertising Agency

Location

960 International Pkwy Lake Mary, FL 32746
Lake Mary metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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