761 Stirling Center Place, Lake Mary, FL 32746
$1,650,000
Property Type:
Commercial Sale
Square Footage:
4,104
Status:
Closed
Current Price:
$1,650,000
List Date:
6/23/2022
Last Modified:
9/28/2024
Description
NNN Investment Property in desirable Lake Mary, FL (Orlando MSA).
4,104 SF freestanding medical office building in Stirling Center.
Sale/leaseback opportunity - Medical practice tenant with multiple Central FL locations.
New 5 year NNN lease with renewals will be signed at closing.
7.0% cap rate year one with annual increases.
Functional medical floor plan; 8 exam rooms, 5 offices, 2 procedure rooms, 4 restrooms, large waiting room, breakroom, etc.
Tenant has been operating out of this location since 2015.
A dynamic addition to your real estate portfolio!
More Information MLS# 1098222
General Property Information
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Located in Stirling Center just west of Rinehart Road and 1 mile to Interstate 4.
Public Remarks: NNN Investment Property in desirable Lake Mary, FL (Orlando MSA).
4,104 SF freestanding medical office building in Stirling Center.
Sale/leaseback opportunity - Medical practice tenant with multiple Central FL locations.
New 5 year NNN lease with renewals will be signed at closing.
7.0% cap rate year one with annual increases.
Functional medical floor plan; 8 exam rooms, 5 offices, 2 procedure rooms, 4 restrooms, large waiting room, breakroom, etc.
Tenant has been operating out of this location since 2015.
A dynamic addition to your real estate portfolio!
Building Area Total: 4104
List Price/SqFt: 389.86
Sold Price/SqFt: 402.05
Year Built: 2006
Location, Tax, and Legal
Country: US
Parcel Number: 06-20-30-513-0000-0100
Tax Legal Description: x
Currently Not Used
Year Built: 2006
Building Features
Vac Off/Retail SqFt: 4104
Business Type
Commercial: 1
Medical: 1
Professional Service: 1
Professional/Office: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): M-1A; Bldg Type/Location: Free Standing; SqFt - Total: 4104.00; Confidential Listing: N; % Occupancy: 100.00; Commercial Property Name: Medical Office Bldg; Franchise Opt In: No
Contract Information
Current Price: $1,650,000
Sold Price: $1,650,000
Status: Closed
Listing Contract Date: 2022-06-23
Property Sub Type: Business
Location Tax and Legal
Street Number: 761
Street Name: Stirling Center
Street Suffix: Place
County: Seminole
State: FL
Postal Code: 32746
MLS Area Major: 99 - Other
Status Change Information
Major Change Timestamp: 2022-10-07T14:38:41Z
Major Change Type: Status Change
Purchase Contract Date: 2022-07-08
Close Date: 2022-09-14
Close Price: 1650000
Property Features
Business Type: Commercial; Medical; Professional Service; Professional/Office
Sale Includes: Building & Land
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.