$15.6 Million Non-Performing Orlando Office Loan
US - Orlando, FL
A$24,219,000 | 13,111 m²
Asset Description
JLL Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 3850 SE Three Mile Lane (the “Property”) a two-story, 24,850 RSF office building situated on a 3.89-acre parcel. Conveniently located within the heart of Oregon’s Wine Country, the Property is situated just outside downtown McMinnville, immediately adjacent to the McMinnville Municipal Airport.
In tenant ready, turnkey condition, the Property is able to meet the needs of an owner-user or could be configured for multiple tenants who want a flexible coworking space. The Property offers 112 parking stalls (ratio of 4.5 per 1,000 SF), making it an outlier for the competitive set.
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Attributes
Asking Price
A$7,754,000
Building area Net
2,309 m²
Year built
1980
Media
Investment Highlights
- Major capital improvements
- Favorable accessibility
- Discount to replacement costs
- Adjacent to airport
- Best-in-class amenity package
Contact brokers
3850 SE Three Mile (0 Properties)
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Last updated
3 Aug 2023
