Nest Seekers

ingle tenant medical office condo in Baldwin Park, fully leased to Orlando Health on a new 5 year lease through August 2031.

891 OUTER ROAD Apt: A
ORLANDO, FL 32814

Listing

Web ID:5826265
Website:https://www.nestseekers.com/5826265

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

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

Location

891 OUTER ORLANDO FL 32814 USA

Contact

Miami, FL
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Phone: +1 305-203-4555
Fax: +1 305-675-0745
jm@nestseekers.com
Listing Courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC
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