Map pinDot Com Court 5707-5712, Oviedo, FL, 32765, US

Central Florida Resource Center

Central Florida Resource Center_Pand te koop

Attributen

Netto gebouwoppervlakte
18.423 vierkante meter
Bezetting
83%
Bouwjaar
2008
Netto landoppervlakte
4,83 ha
WAULT
1.9 jaren

Activa beschrijving

Jones Lang LaSalle (“JLL”), has been retained to market for sale Central Florida Resource Center – a 83.0% leased, three-building, 198,305 SF industrial park located within Orlando, one of Florida’s fastest growing MSA’s, and less than two miles from The University of Central Florida and four miles from Orlando’s Research Park, two of Central Florida’s largest economic demand drivers. The Property is situated just off of Alafaya Trail and provides access to the greater Orlando MSA via SR 50 (11 minutes) and SR 417 (5 minutes), both of which connect to I-4 and US-27. Over the last 5 years the Property’s submarket, Seminole County, has experienced rent growth of 84.8% (13.1% CAGR).


Tenants at the property include United Health Care, Siemens, Proactive Technologies and UCF, most of whom have invested heavily into their spaces and demonstrated a long-term commitment to this park. 


This exceptionally well-located and recently renovated asset presents investors with a low-maintenance, credit-enhanced investment with additional upside through lease-up, mark-to-market, and potential development. The Property, which is expected to benefit from Orlando’s exceptional leasing fundamentals and nation-leading rent growth, is forecasted to grow NOI by 63.4% & 105.0% over a 5 and 10-year hold.


...

Investeringshoogtepunten

  • Rare opportunity to acquire three industrial warehouses within a business park in the fast-growing Orlando MSA that are currently 86.3% leased, offering both immediate cash flow and upside potential through mark-to-market and additional development.


  • Significant value creation opportunities through lease up and mark-to-market providing 53.5% NOI growth over the next 5 years. The most recently signed lease was signed at $14.25 PSF, a 53.7% increase to the previous tenant’s rental rate.


  • Opportunity to develop up to 34,350 SF on the ± 1.96 acre parking pad with frontage along Dot Com Court.


  • Mission critical location 2.4 miles from The University of Central Florida – 66,183 enrollment and $7.73B economic impact and 3.9 miles from Orlando’s Research Park – the largest research park in Florida. Ganesh Business Park and the few surrounding buildings are the closest pocket of industrial to these two major demand drivers. 
Central Florida Resource Center 4_Pand te koop
Central Florida Resource Center 4_Pand te koop
Central Florida Resource Center (0 Eigendommen)

Contact makelaars

Heeft u vragen? Bezoek onze FAQ-pagina
Bekijk FAQ-paginaArrow Right
JLL kan u helpen bij de financiering en het beheer van uw portefeuille. E-mail ons vandaag nog om te zien hoe we u kunnen helpen uw ambities te realiseren.
Laatst bijgewerkt
May 16, 2024