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400 W State Road 434
12,511 SF 40% Leased Office Building Oviedo, FL 32765 $4,535,904 CAD ($363 CAD/SF) 5.49% Cap Rate
Investment Highlights
- 7/10 Mile East, from SR 417, along SR 434, Oviedo
- Great local demographics, schools, and residential communities.
- Plenty of parking with a parking ratio of 4.88 spots per 1,000 SF
Executive Summary
Property Facts
Amenities
- Signage
About 400 W State Road 434 , Oviedo, FL 32765
The property boasts a well manicured landscape, professionally appointed monument sign, and an easy in with a left turn lane for east bound traffic along SR 434. The buildings have a contemporary appeal, single floor, with bulk parking in the front (19 spots, including 2 each handicap) and rear (22 spots, including 1 each handicap) of the 12,511 SF complex of 2 buildings. There is parking fronting alogn the entry of the 10,000 SF building (total of 20 spots, including 1 each handicap), which runs north south behind the 2,511 SF (7 years +/-) office structure, which fronts the property and parallels SR 434. A pool contractor occupies the front building, a surveyor, roofing contractor, and counselling tenant complete the 10,000 SF building. State Road 417, part of the "beltway" around Orlando, is a short 7/10 mile west of the property. This makes for an easy connection for client's and staff for any commute to the property. The property is a short 15 minute ride north to I-4, a 30 minute ride to Orlando International Airport, 15-20 minutes to Orlando Sanford International Airport and 25 minutes to downtown Orlando, depending upon the time of day. Effectively, SR 417 makes this location a smart strategic office selection. Schools and top residential communities abound in the area of the property. Given the demographic strength of the area and that small business leaders traditionally desire their professional office to be near their home, you can count on plenty of these decision makers to live in the area of this property and likely targets for occupancy. Anyone desiring a satellite office on the periphery of Orlando would do well in selecting this property as a potential office. This property is uniquely positioned in its design, layout, and parking which makes it a good multi-tenant office investment asset.
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Blue Haven Pools
- -
- 2,511 SF
- -
- -
- Don King's Concrete Inc
- -
- 2,500 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Blue Haven Pools | - | 2,511 SF | - | - | ||
Don King's Concrete Inc | - | 2,500 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Professionally finished, outstanding conference room, entry greeting station with 5 private offices, 1 "Bullpen", 1 Conference Room, 2 Bathrooms, finished ceiling (not drop ceiling panels), and a technology room.
- 1st Fl-Ste 1024
- 2,500 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 348
- 2,511 SF
- Office
- Full Build-Out
- Now
Space | Size | Space Use | Condition | Available |
1st Fl-Ste 1016 | 2,500 SF | Office | Full Build-Out | Now |
1st Fl-Ste 1024 | 2,500 SF | Office | Full Build-Out | Now |
1st Fl-Ste 348 | 2,511 SF | Office | Full Build-Out | Now |
1st Fl-Ste 1016
Size |
2,500 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
1st Fl-Ste 1024
Size |
2,500 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
1st Fl-Ste 348
Size |
2,511 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
1st Fl-Ste 1016
Size | 2,500 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Professionally finished, outstanding conference room, entry greeting station with 5 private offices, 1 "Bullpen", 1 Conference Room, 2 Bathrooms, finished ceiling (not drop ceiling panels), and a technology room.
Presented by
400 W State Road 434
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