• Broker Antonio Spagnolo 6892024091

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

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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

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

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

MAP

ADDITIONAL PHOTOS

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View Photo 1045-1085 N John Young Pky
View Photo 1045-1085 N John Young Pky
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  • Listing ID: 31094164

  • Date on Market: 3/1/2024

  • Last Updated: 4/13/2025

  • Address: 1045-1085 N John Young Pky, Kissimmee, FL 34741