Office Space
661 East Altamonte Drive Altamonte Springs, FL 32701
Details & Description
Price: $2,250,000
    The properties are fully leased to a single national corporate medical tenant, Upperline Health, Inc. and are operated as Podiatry MedicalSurgical service providers. The current five year lease term extends through March of 2025. Rents increase by 2% annually. Under modified NN lease terms, the tenant pays for utilities and unit maintenance, the landlord is responsible for Sales Tax, Real Estate Taxes and HOA fees. The properties are operated as an investment and the portfolio reported a first-year net income of $150,005.40 during 2019.
    Property Highlights
     661 E Altamonte Dr, Suite 210 Altamonte Springs, FL 32701 - 4,353 SF
     7350 Sand Lake Commons - B Suite 3329 Orlando, FL 32819 - 1,970 SF
    Listing Agents
    Mark Arnold
    KW Commercial
    O: 407-629-4420
    M: 407-353-6391
    marnold@kwcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    661 East Altamonte Drive

    Altamonte Springs, FL 32701

    Listing ID: 269309
    661 East Altamonte Drive Altamonte Springs, FL 32701 | for Sale | Photo 1
    Building Size: 8,173 SF
    Lot Size: 3.000 AC
    Land Size: 130,680 SF
    Building $/SF: $275.30
    Land $/SF: $17.22
    Price
    $2,250,000
    Property Highlights
    7350 Sand Lake Commons - B Suite 3329 Orlando, FL 32819 - 1,970 SF
    1807 Salk Dr. Tavares, FL 32778 - 1,850 SF
    661 E Altamonte Dr, Suite 210 Altamonte Springs, FL 32701 - 4,353 SF
    To Be Sold as Combined Portfolio
    Description

    The properties are fully leased to a single national corporate medical tenant, Upperline Health, Inc. and are operated as Podiatry MedicalSurgical service providers. The current five year lease term extends through March of 2025. Rents increase by 2% annually. Under modified NN lease terms, the tenant pays for utilities and unit maintenance, the landlord is responsible for Sales Tax, Real Estate Taxes and HOA fees. The properties are operated as an investment and the portfolio reported a first-year net income of $150,005.40 during 2019.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Orlando History of Office Space for Sale

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    Altamonte Springs Area Market Trends

    Listing Demographics for 661 East Altamonte Drive Altamonte Springs, FL 32701

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population12,53895,350259,672
    Population Median Age424140
    Population by Age0-9 Yrs1151 (9%)9637 (10%)26545 (10%)
    10-19 Yrs970 (7%)9762 (10%)27886 (10%)
    20-29 Yrs2167 (17%)13450 (14%)38548 (14%)
    30-39 Yrs2011 (16%)14033 (14%)37085 (14%)
    40-49 Yrs1411 (11%)12343 (12%)33375 (12%)
    50-59 Yrs1410 (11%)13492 (14%)36924 (14%)
    60-69 Yrs1394 (11%)10062 (10%)29419 (11%)
    70+ Yrs2025 (16%)12571 (13%)29891 (11%)
    Median HH Income$49,424$58,832$60,676
    Total Household Income< 24K1302 (21%)7303 (18%)18392 (17%)
    25-49K1772 (29%)9250 (23%)23981 (23%)
    50-74K1045 (17%)7535 (19%)20531 (19%)
    75-99K774 (12%)5146 (13%)14262 (13%)
    100-199K986 (16%)7468 (19%)19989 (19%)
    200K+214 (3%)2064 (5%)6947 (6%)
    Highest Education LevelNo Diploma621391212107
    Diploma or GED21141547141460
    Some College21491472438045
    Assoc. Degree1235964025514
    Bachelors Degree24821809048287
    Higher Degree1134902724239
    Total Housing Units7,17143,320115,679
    --Owner-Occupied2,88621,54460,513
    --Renter-Occupied3,20617,22243,589
    Owner-Occupied Values< 100K58930878016
    100-199K1269665118525
    200-299K622629816406
    300-399K31027977925
    400-499K219903182
    500K+7517216459
    Total Working Age Population10,77079,905216,649
    In Work Force7,08051,447141,080
    Not In Work Force3,69028,45975,568
    Workforce Employed6,75648,622134,000
    Workforce Unemployed3052,7346,778
    Civlian Workforce7,06251,356140,778
    Military Workforce1991302
    Total Households6,09238,766104,102
    Family Households2,80522,97763,699
    Non-Family Households3,28715,79040,403
    Married Couple1,97516,10346,121
    Other Family8306,87317,578
    Married w/Child6585,68216,466
    Single Male w/Child1119552,327
    Single Female w/Child3622,1995,785

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Lake County210,528+41297,052+21360,739+21437,201
    Orange County896,344+281,145,956+241,415,511+201,693,977
    Seminole County365,196+16422,718+13477,792+12533,481
    Volusia County443,343+12494,593+10544,093+9594,289

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 661 East Altamonte Drive in Altamonte Springs?
    The asking price for 661 East Altamonte Drive is $2,250,000
    What is the building size of this Office property in Altamonte Springs, FL?
    The size of the building/unit at 661 East Altamonte Drive in Altamonte Springs is 8,173 square feet
    How much land does the Altamonte Springs, FL property at 661 East Altamonte Drive include?
    661 East Altamonte Drive in Altamonte Springs includes 3.000 acres of land
    What kind of Office is the propery at 661 East Altamonte Drive?
    The property at 661 East Altamonte Drive Altamonte Springs, FL 32701 is listed as a Medical Office property
    What is the population within 1 mile of 661 East Altamonte Drive in Altamonte Springs?
    The population within 1 mile of 661 East Altamonte Drive Altamonte Springs, FL 32701 is 12,538 people.
    Who do I contact for questions about 661 East Altamonte Drive?
    You should contact the listing agent, Mark Arnold, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Orlando Sanford International Airport (SFB) 11
    Orlando International Airport (MCO) 17
    Daytona Beach International Airport (DAB) 40