1065 E Broadway St | Oviedo, FL 32765
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1065 E Broadway St
Oviedo, FL 32765
Office Property For Sale
Investment Highlights
- Prime Location On E Broadway St In Oviedo
- Five Versatile Suites Of Approximately 880 SF Each
- Owner-friendly Lease Structure With A 90-day Termination Option
- Meticulously Maintained Property With A New Roof (2024)
- Short-term Leases With Annual 5% Rent Increases
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire a meticulously maintained retail building located on E Broadway St in
Oviedo, Florida. The property features a new roof installed in 2024 and newer HVAC units, ensuring optimal functionality and reduced
maintenance costs.
Comprising ive suites of approximately 880 square feet each, the building is versatile, catering to tenants with various space needs, as
suites can be leased individually or combined for larger requirements. All tenants are on short-term leases with annual 5% increases, and
each lease includes a 90-day termination provision for the owner, offering both stability and flexibility.
Oviedo, Florida. The property features a new roof installed in 2024 and newer HVAC units, ensuring optimal functionality and reduced
maintenance costs.
Comprising ive suites of approximately 880 square feet each, the building is versatile, catering to tenants with various space needs, as
suites can be leased individually or combined for larger requirements. All tenants are on short-term leases with annual 5% increases, and
each lease includes a 90-day termination provision for the owner, offering both stability and flexibility.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
4,400 SF
Building Class
C
Year Built
2001
Price
£1,122,100
Price Per SF
£255
Net Initial Yield
5.61%
NOI
£62,957
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
4,400 SF
Building FAR
0.20
Lot Size
0.51 AC
Zoning
C-2, County - Commercial
Parking
22 Spaces (5 Spaces per 1,000 SF Leased)
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