299 Loraine Drive

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299 Loraine Drive

Altamonte Springs, FL 32714
Asking Price
Contact for price
Asset Type
Office
Class
Class B

What's Special

3,504 SqFt <ul><li>​Immediate in-place income — four 876 SF suites, 100% occupied.</li><li>​Three month-to-month leases create a clear path to rent growth or owner occupancy.</li><li>​Current rents averaging $15.16/SF offer meaningful mark-to-market upside toward the $18.00+/SF range.</li><li>​Proven I-4 / SR 436 corridor location with strong professional office demand.</li><li>​Modest price point of $475,000 broadens the buyer pool to local private investors and small-business owners alike.</li><li>​Modif

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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