Lake Underhill Business Center 100% Leased Office Complex
For Sale
Lake Underhill Business Center
100% Leased Office Complex
Lake Underhill Business Center
11489 - 11561 Lake Underhill Road Orlando, Florida 32825
For more information: Tom R. Kelley II, CCIM
+1 407 949 0715 ? tkelley@
07.26.17
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. Unless otherwise noted, the property is being offered as-is, where is, with all faults.
Sale Price: $4,945,000
1800 Pembrook Drive, Suite 350 Orlando, Florida 32810 +1 407 875 9989
Lake Underhill Business Center 11489 - 11561 Lake Underhill Road Orlando, Florida 32825
Property Features
For Sale Lake Underhill Business Center
100% Leased Office Complex
? Two Class A single-story office buildings totaling 34,980? SF on 3.11? acres
? 100% Leased!
? Good mix of Tenants
? 12 units ranging from 1,600? SF to 8,500? SF
? Tilt wall construction; built in 2003 and 2004
? Both buildings are sprinklered
? Zoning: Office (P-D)
? Ample parking: 165 spaces (5/1,000 SF)
? New landscaping and updated courtyard between the buildings
? Utilities: Electric: Duke Energy Water & sewer: Orange County
? Near the University of Central Florida and Research Park
? Great location close to Alafaya Trail and SR 408 (East-West)
? Easy access to Dean Road, Rouse Road, Colonial Drive and SR 417 (GreeneWay)
? Across the street from Legacy Middle School and Lockheed Martin
? Only 1.5 miles from Waterford Lakes Town Center
? Close to Valencia College East Campus
Building 1
Building 2
Lake Underhill Business Center 11489 - 11561 Lake Underhill Road Orlando, Florida 32825
For Sale Lake Underhill Business Center
100% Leased Office Complex
Proforma - 2016
Conference Room
Gross Revenue Gross Income (2016) Operating Expenses
Real Estate Taxes Utilities Maintenance/Repairs Insurance Total Operating Expenses
Net Operating Income
46 Lake Dora
LAKE CO. ORANGE CO.
$446,218
29,213
9,854
39,581
14,153
$92,801
$353,417
TOLL
46
429
Tenants
Building 1
Suite
SF Tenant
11489 2,600 Tactical Micro, Inc.
11495 1,600 Sun Title
11501 8,500 The Harrington Group
11513 2,100 Oliver, PA
11519 2,100 Family Home Health Services
Building 2 Lake Monroe
11531 San2f,o1rd00
11537
1,9019072
LeeSEVMOIRNLOULSoEIACgCOO.e. rs415Agency KZ Active
46
11543 2,100 Ability Health Care Services North
Wekiva River
Kelly Park Rd.
TOLL
429
441
Ponkan Rd.
TOLL TOLL
429 414
Apopka
TOLL
451
C.R. 435 Rock Springs Rd.
SEMINOROLAENGCEO.CO.
11547 Lake Mary Blvd. 2,100 Summit Chiropractic, LLC
Lake
11549
2,100TOLL Digital Legal Medical Records
Harney
417
4
11555
4,200
My
Gym Lake Jesup
419
115619172 2,100 Class Act Studios
46
434
Altamonte
Springs
Winter Springs 434
Tuskawilla Rd. Alafaya
Tr.
Lake Apopka
Winter Garden
438 50
Johns Lake
TOLL
429
TOLL
414
Edgewater Dr.
Maitland
441
Lee Rd.
Hiawassee Rd.
TOLL
429 438 Silver Star Rd.
50
Colonial Dr.
TOLL
408
Kirkman Rd.
Lake Down
Lake Butler
VALENCIA COLLEGE
435
423
Red Bug Lake Rd.
Blvd.
Lake
436
Maitland
Winter Park
Aloma Ave.. University Blvd.
Oviedo
426
SEMINOLE CO. ORANGE CO.
Dean Rd.
C.R. 419
Mills Ave.
Orlando Executive Airport
Downtown Orlando
Little Lake Conway
434
551
50
VALENCIA COLLEGE
TOLL
408
Curry Ford Rd.
TOLL
417
Lake Underhill Business Center
John Young Pkwy. Orange Ave. Conway Rd. Semoran Blvd. Goldenrod Rd.
ICP Blvd. Dallas Blvd.
Winter G a
rden-Vineland Rd.
Lake Tibet
Orange County Convention Center
Sand Lake Rd.
TOLL
528
Lake Conway
TOLL
528
Apopka-Vineland Rd. Boggy Creek Rd.
535
TOLL
429
4
Tradeport
441
Rd.
17 92
Orlando
15
International Airport
Lake Nona
Lake Nona
Blvd.
Moss Park Rd.
Lake
TOLL
Hart
417
Lake Underhill Business Center 11489 - 11561 Lake Underhill Road Orlando, Florida 32825
For Sale Lake Underhill Business Center
100% Leased Office Complex
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