891 OUTER RD #A, ORLANDO, FL, 32814
$1,601,271
Commercial Sale
|
Living Area
3,269 Sqft
|
Lot Size
3,270 Sqft
|
ingle-tenant medical office condo in Baldwin Park, fully leased to Orlando Health on a new 5-year lease through August 2031. Tenant has occupied the suite since 2015, showing long-term commitment to the location. Lease features fixed annual rent increases and one 5-year renewal option. Tenant pays real estate taxes direct, utilities, interior maintenance and janitorial, keeping landlord expenses to insurance and condo dues. Recent capital improvements include a new roof (2022), two new HVAC units (2026), new interior floors (2026) and fresh interior and exterior paint (2026). Year 1 NOI of $92,073 offered at a 5.75 cap rate. 3,269 SF, built 2007, CB/stucco construction, within one of Orlando’s most established master-planned communities minutes from Downtown Orlando and Winter Park. Ideal for 1031 exchange buyers seeking health-system credit with minimal management. Do not disturb tenant.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6448047 | Year Built: | 2007 | |
| Construction Materials: | Block, Stucco | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Orange | |
| Foundation Details: | Slab | Heating: | Central, Electric | |
| Listing Agreement: | Exclusive Right To Sell | Property Condition: | Completed | |
| Property Sub Type: | Medical Office | Property Type: | Commercial Sale | |
| Road Frontage Type: | City Street | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Paved | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | See Remarks, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | BB/HS Internet Capable, Electricity Available, Public, Water Connected | |
| Water Source: | Public | |||
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