Maitland Forum and Park Center_Imóvel à venda
Maitland Forum and Park Center_Imóvel à venda

Maitland Forum and Park Center

Maitland, FL, US, Americas

Descrição

Jones Lang LaSalle ("JLL") is pleased to present the exclusive opportunity to acquire Maitland Forum & Park Center (the ""Properties""), a premier two-building office portfolio totaling 371,945 rentable square feet strategically positioned in Orlando's thriving Maitland submarket. Currently 82.8% occupied, the Properties deliver a 4.4-year Weighted Average Lease Term (WALT) and 11.5-year Weighted Average Tenancy Tenure (WATT). Built in 1984 and 1985, the Properties have undergone over $2 million in recent capital improvements and provide an attractive 4.14 / 1,000 SF parking ratio.


Benefitting from Maitland's exceptional market strength, which has posted the highest net absorption as a percentage of stock among Orlando submarkets since 2025, the Properties have demonstrated extraordinary leasing momentum with over 131,000 square feet of new leases and renewals completed since the start of 2025. This success includes 93% of rolling square footage renewing, totaling more than 84,000 SF across eight of nine expiring leases, with the single vacancy leased up within one month.


The Properties present significant NOI growth potential of approximately 39% over five years through the lease-up of 64,061 square feet of currently available space. Strategically positioned with direct access to Interstate 4 and Maitland Boulevard, the Properties offer exceptional commuter convenience and prominent signage opportunities. Offered at a significant discount to estimated replacement cost, Maitland Forum & Park Center represents an outstanding value-add investment opportunity in one of Central Florida's most dynamic office markets.

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Atributos

Ocupação
82,8%
Year WALT
4.4
Year WATT
11.5
Parking Ratio
4.14 / 1,000 sf
Maitland Forum and Park Center (2 Propriedades)
Maitland Forum and Park Center (2 Propriedades)

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Destaques do investimento

  1. STRATEGIC LOCATION IN ORLANDO’S HOTTEST SUBMARKET
  2. SUBSTANTIAL ±39% NOI GROWTH POTENTIAL OVER FIVE YEARS
  3. EXTRAORDINARY LEASING MOMENTUM WITH OVER 131,000 SF OF RECENT ACTIVTY
  4. DIVERSE RENT ROLL WITH STRONG TENANT TENURE
  5. CONVENIENT ACCESS TO I-4 AND MAITLAND BLVD WITH SIGNAGE OPPORTUNITY
  6. OFFERED AT SIGNIFICANT DISCOUNT TO REPLACEMENT COST



License number: SL3555285

Maitland Forum and Park Center 4_Imóvel à venda
Maitland Forum and Park Center 4_Imóvel à venda

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