$15.6 Million Non-Performing Orlando Office Loan
US - Orlando, FL
HK$122,015,000 | 141,125 sf
Asset Description
Office property located in the heart of Tysons; 72% leased to 15 tenants with 3.3 years WALT
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Attributes
Building area Net
150,897 sf
Occupancy
72.00%
Year built
1984
Media
Investment Highlights
- Institutional Quality, 150,897 BRSF Office Asset in the Heart of Tysons – 72% Leased to 15 Tenants with 3.3 Years WALT
- Offered Free and Clear of Existing Debt with Seller Financing Available
- 4-Minute Walk to the Spring Hill Metrorail Station (Silver Line)
- Excellent Multi-Modal Accessibility – Immediate Access to Leesburg Pike (Route 7) and the Dulles Toll Road (Route 267); Connectivity to the Capital Beltway (I-495) and Capital Beltway Express Lanes
- Metro Proximate Development Potential with Long-Term Rezoning Optionality
- ±2,780 Multifamily Units Proposed Within 0.25 Miles of the Spring Hill Metrorail Station
- Highly Walkable Existing Amenity Base with Ruth’s Chris Steak House On-Site; ±3 Million SF of Retail Within a 1-Mile Radius
- ±$4.4 Million in Capital Spent Over the Past 10 Years
- Diverse, In-Place Cash Flow with Average Tenant Size of ±7,300 SF
- Situated in Tysons – Northern Virginia’s Premier Economic and Cultural Hub with Nation Leading Demographics
Contact brokers
8521 Leesburg Pike (0 Properties)
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Last updated
19 Jul 2023
