 |
| Lakeshore Center within Orlando Central Park, Orlando, FL |
ORLANDO, FL -- CBRE, as exclusive advisor, is pleased to
present an opportunity to acquire Lakeshore Center, an eight-story,
±133,075 square foot suburban office property located prominently within the
South Orlando suburban submarket at Orlando Central Park—a 12 million
square foot office and light industrial park in Central Florida.
 |
| Ron Rogg |
Orlando Central Park features the largest concentration of
office space in Orlando’s largest suburban submarket—it is a “self-contained
city,” with more than 400 companies at the very epicenter of Orlando’s past,
present, and future growth. That keeps it in site selection rotation for the
area’s most credit-worthy tenants and investors, according to Ron Rogg.
PROPERTY HIGHLIGHTS
•
Provides an
Owner/User with immediate income and room for expansion—over 115,000 square
feet available for immediate occupancy
•
Corporate HQ
location with possible building signage
•
Ability to expand
parking lot on the outparcel, increasing the parking ratio from 4.0 to 5.4 per
1,000 rentable square feet
•
 |
| Orlando Central Park |
No shell space - all
floors are completely built-out
•
The property is
expected to transact at a basis below replacement cost (estimated to be $185.53
per square foot)
•
Existing full floor
tenant provides predictable cash flow through November 2017
•
Only building of
this size and height available for purchase in Orlando’s MSA
•
Excellent
alternative to a build-to-suit
•
No existing debt on
the property - can be fully leveraged with today’s low interest rate debt
For a complete
copy of the company’s news release, please contact:
Ron Rogg
No comments:
Post a Comment