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Property profile & analytics
OFF-MARKET
Retail space

555 Douglas Ave Altamonte Springs, FL 32714

131,170 SF 7.48 ac lot Built 2021
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US18-5719082
Property summary
AI-generated overview

This exceptional Class A office space, totaling 27,054 square feet, is situated in Altamonte Springs, boasting unparalleled visibility at the intersection of Douglas Avenue and I-4. The building, constructed in 2021, features a modern design and comprises two stories with a total of 123 parking spaces. Currently, 6,147 square feet of vacant space is available for lease, offering a minimum divisible unit of 6,147 square feet and a maximum contiguous space of the same size. The building is zoned for office use and features a 12-foot ceiling height. The available space is a first-floor, unfinished gray shell, providing a blank canvas for a tenant's custom build-out. Each floor benefits from a private entrance and dedicated elevators, ensuring privacy and convenience. This prime location offers exceptional exposure to high traffic volume, exceeding 137,000 cars daily, making it an ideal location for businesses seeking high visibility and accessibility. The landlord is willing to collaborate on a build-out for qualified tenants, allowing for immediate design and construction commencement. The property is suitable for various office uses, including medical, creative, and traditional office settings. This is a rare opportunity to secure a highly visible, modern, and adaptable office space in a thriving location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Construction TILT-UP CONCRETE
Total area 131,170 SF
Lot 7.48 ac (325,872 SF)
APN 11-21-29-539-0000-0010
UPID US18-5719082
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CITY Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
ADVANCED BUSINESS ASSOCIATES 4 LLC · 6 yrs held
ADVANCED BUSINESS ASSOCIATES 4 LLC
since 2020
Last sale
$5.0M
1 recorded transaction
2020
$5.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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