Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Area: | 3269 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,601,271
Annual Taxes:$23,335.09
Listing Courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC
ingle tenant medical office condo in Baldwin Park, fully leased to Orlando Health on a new 5 year lease through August 2031.
Description
ingle-tenant medical office condo in Baldwin Park, fully leased to Orlando Health on a new 5-year lease through August 2031. Tenant has occupied the suite since 2015, showing long-term commitment to the location. Lease features fixed annual rent increases and one 5-year renewal option. Tenant pays real estate taxes direct, utilities, interior maintenance and janitorial, keeping landlord expenses to insurance and condo dues. Recent capital improvements include a new roof (2022), two new HVAC units (2026), new interior floors (2026) and fresh interior and exterior paint (2026). Year 1 NOI of $92,073 offered at a 5.75 cap rate. 3,269 SF, built 2007, CB/stucco construction, within one of Orlando’s most established master-planned communities minutes from Downtown Orlando and Winter Park. Ideal for 1031 exchange buyers seeking health-system credit with minimal management. Do not disturb tenant.
Virtual Tour: https://my.matterport.com/show/?m=tXCbo23fsZo&mls=1
Amenities
- Bb Hs Internet Capable
- Electricity Available
- Public
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
