thank you
Your email has been sent!
1045-1085 N John Young Pky 7,200 SF 100% Leased Office Building Kissimmee, FL 34741 $2,600,000 ($361.11/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime investment opportunity in Kissimmee, Florida medical district.
- Ample parking for tenants and visitors: 40 spaces accessible from front and back of building.
- Each office fully equipped with independent utilities including electricity, water, and air conditioning.
- Proximity to major highways and public transportation.
EXECUTIVE SUMMARY
This outstanding professional plaza is strategically positioned on a main road, offering convenient access to the medical district of Kissimmee. This property is listed with a proforma Cap Rate of 6.35% for when the third suite becomes occupied, the in-place Cap Rate at the current 67% occupancy is 3.93%. It features three spacious units, each spanning 2,400 square feet, ideal for medical, administrative, insurance, or other professional services. Currently, two units are occupied by medical practices, showcasing its suitability for healthcare providers. The property boasts 40 parking spaces, accessible from both the front and back of the building, ensuring ample parking for tenants and clients alike. Each office is fully equipped with independent utilities, including electricity, water, and air conditioning, ensuring a comfortable and productive work environment. Whether you're an investor seeking a lucrative opportunity or a healthcare professional looking for a new practice location, this plaza offers the ideal setting.Price Reduced.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,200 SF
Building Class
C
Year Built
1999
Price
$2,600,000
Price Per SF
$361.11
Cap Rate
6.35%
NOI
$165,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.22
Lot Size
0.75 AC
Zoning
T-5U - County zoned INCORP, City zoned T5-U Mixed-Use Urban Core
Parking
38 Spaces (5.28 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 21-25-29-1412-0001-0020 | Improvements Assessment | $562,600 |
| Land Assessment | $457,200 | Total Assessment | $1,019,800 |
PROPERTY TAXES
Parcel Number
21-25-29-1412-0001-0020
Land Assessment
$457,200
Improvements Assessment
$562,600
Total Assessment
$1,019,800
1 of 25
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1045-1085 N John Young Pky
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.