We are pleased to bring to market 6100 Lake Ellenor, a rare add-value opportunity. The building is a 38,420 SF office building located in the Orlando Central Park submarket which is home to 23,000 employees and local businesses. The property currently has 37.33% vacancy and features a mixture of small and large tenants allowing an owner to have stabilized cash-flow, as well as, opportunity to push rents on the small spaces. The property’s current cap rate is 6.66% and new ownership has the immediate ability to grow the cap rate by 9.85% bringing the property to a potential 16.45% cap rate. Don’t miss this opportunity, call for details.
6100 Lake Ellenor Dr Orlando, FL 32809
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Nicholas Fouraker CCIM