 |
| Altamonte City Centre, 887 East Altamonte Drive Altamonte Springs, FL |
 |
| Ray Turchi |
The asset sold for $6,025,000.
 |
| Chris Travis |
The buyer, a private investor also, was secured and represented byScott Gould and Rory Shelby, investment specialists in Marcus & Millichap’s Orlando office as well.
Altamonte
City Centre is located at 887 E Altamonte Dr in Altamonte Springs, FL.
Altamonte City Centre consists of a two-building fully-occupied 8,338 rentable
square foot retail strip and a 18,200 rentable square foot office building.
The
retail strip is fully-occupied by: Fairwinds Credit Union, Tijuana Flats and
Huey Magoo’s.
The office building is leased to AdventHealth. Florida Hospital and Fairwinds Credit Union joined Altamonte City Centre in 2018, Tijuana Flats since 2008, and Huey Magoo’s since 2015.
All tenants are on Triple-Net leases. Altamonte Drive has a traffic count of 58,500 vehicles daily.
It connects the
subject property to the Interstate 4 interchange, US 17-92 and SR 434.
Interstate 4 interchange is less than two miles west from subject property.
Interstate 4 is a main thoroughfare which connects property to Daytona Beach to the North and Tampa to the Southeast.
 |
| David Vaughan |
 |
| Scott Gould |
The office building is leased to AdventHealth. Florida Hospital and Fairwinds Credit Union joined Altamonte City Centre in 2018, Tijuana Flats since 2008, and Huey Magoo’s since 2015.
All tenants are on Triple-Net leases. Altamonte Drive has a traffic count of 58,500 vehicles daily.
 |
| Rory Shelby |
Interstate 4 is a main thoroughfare which connects property to Daytona Beach to the North and Tampa to the Southeast.
Contacts:
Justin W. West
Vice President / Regional Manager, Orlando
(407) 557-3800
Ocea Huggins
|
|||
Operations
Manager – Orlando and Jacksonville
|
|||
|
|||
No comments:
Post a Comment