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$1,601,271 Sale
Listed 1 day
891 OUTER RD #A #A
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Key Facts
Key facts for 891 OUTER RD #A #A
Property Type
Other
Parking
-
MLS #
O6448047
Size
3269 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$23,335.09 /yr
Days on Market
-
Year Built
2007
Maintenance Fee
-
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 r...eal 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.
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Listing courtesy of: ALPHA EQUITY REALTY & MANAGEMENT INC, 407-789-1002

Listings courtesy of Stellar MLS as distributed by MLS GRID.