801 Douglas Ave Altamonte Springs, FL 32714

Property Details for 801 Douglas Ave

Property size

15,385 SF

Property type

Medical offices

Description

This exceptional 15,385-square-foot office building in Altamonte Springs, Florida, presents a compelling investment opportunity. Located at 801 Douglas Ave, 32714, this property boasts a prime location with excellent visibility and accessibility. Situated between SR 436 and SR 434, it benefits from frontage on I-4 and Douglas Ave, with an express lane exit just a block away. The building enjoys a prominent position at the entrance of its office park, offering great signage opportunities. Currently, 87% of the building is leased, with a newly completed 1,945-square-foot first-floor space available for an owner-user. This space is ideal for medical or traditional office use, with medical impact fees already paid. The building features ample parking with a 5.05:1,000 ratio and is ADA compliant. The second floor is 100% leased, providing immediate and substantial rental income. The asking price is $3,510,000, translating to $228.14 per square foot. This property offers a blend of immediate income and owner-user potential in a highly desirable location. Don't miss this chance to acquire a well-positioned, high-quality office building in a thriving market.

Location Insight

City

Altamonte Springs

County

Seminole

State

Florida

Longitude

-81.3896715

Latitude

28.6776466