This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

935 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

State of FL DOC Building 29-31 Coburn Ave

16,826 SF Office Building Orlando, FL 32805 £2,284,155 (£136/SF) 7.25% Net Initial Yield

Investment Highlights

  • 18,000 Square Foot Single-Tenant Office Building (16,826 RSF) | 100% Leased to Department of Corrections
  • Recently Executed a Long-Term, Stay-in-Place Lease (Running Through 10/31/31)
  • Established and Essential Location for State of Florida DOC (Tenant in Building Since 2005)
  • State of Florida Guaranteed Lease | Provides Stable & Predictable Cashflow for Years to Come
  • Extensive/Recent Remodel to Meet Tenant’s Needs
  • 86 Parking Spaces | Parking Ratio = 5/1,000 SF (75 Spaces Required Under the Lease)

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
16,826 SF
Building Class
C
Year Built/Renovated
1957/2023
Price
£2,284,155
Price Per SF
£136
Net Initial Yield
7.25%
NOI
£165,533
Tenancy
Single
Number of Floors
1
Typical Floor Size
16,826 SF
Building FAR
0.29
Land Acres
1.33 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
IG
Parking
100 Spaces (5.94 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Security System
  • Accent Lighting
  • EPC - B
  • Reception
  • Central Heating
  • Partitioned Offices
  • Suspended Ceilings

Links

1 of 1
29-31 Coburn Ave, Orlando, FL - aerial map view - Image1
29-31 Coburn Ave, Orlando, FL - aerial map view - Image2
29-31 Coburn Ave, Orlando, FL - aerial map view - Image3
29-31 Coburn Ave, Orlando, FL - aerial map view - Image4
29-31 Coburn Ave, Orlando, FL - aerial map view - Image5
29-31 Coburn Ave, Orlando, FL - aerial map view - Image6
29-31 Coburn Ave, Orlando, FL - aerial map view - Image7
29-31 Coburn Ave, Orlando, FL - aerial map view - Image8
29-31 Coburn Ave, Orlando, FL - aerial map view - Image9
29-31 Coburn Ave, Orlando, FL - aerial map view - Image10
29-31 Coburn Ave, Orlando, FL - aerial map view - Image11
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 29-2227-5573-03-000 Improvements Assessment £1,324,694
Land Assessment £191,439 Total Assessment £1,516,133

PROPERTY TAXES

Parcel Number
29-2227-5573-03-000
Land Assessment
£191,439
Improvements Assessment
£1,324,694
Total Assessment
£1,516,133
(407) 557-3847

  • Listing ID: 32002299

  • Date on Market: 24/01/2024

  • Last Updated:

  • Address: 29-31 Coburn Ave, Orlando, FL 32805

The Office Property at 29-31 Coburn Ave, Orlando, FL 32805 is currently available For Sale. Contact Marcus & Millichap for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/16
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 1 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Interior Photo- Image 2 of 16
Interior 1 Corridor Corner
29-31 Coburn Ave, Orlando, FL for sale Interior Photo- Image 3 of 16
Interior 5, Typical Office
29-31 Coburn Ave, Orlando, FL for sale Building Photo- Image 4 of 16
Building Photo
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 5 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 6 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 7 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 8 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 9 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 10 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 11 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 12 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 13 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Aerial- Image 14 of 16
Aerial
29-31 Coburn Ave, Orlando, FL for sale Building Photo- Image 15 of 16
Building Photo

1 of 1

Connect with us

© 2024 CoStar Group

State of FL DOC Building | 29-31 Coburn Ave
(407) 557-3847 x

State of FL DOC Building | 29-31 Coburn Ave

1/2

Ray Turchi

(407) 557-3847

(407) 557-3847

David Vaughan

(407) 557-3829

(407) 557-3829

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link