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1101 Symonds Ave., Suite 600, Winter Park, FL 32789 | 407-644-CITY (2489)
copyright 2020 city Commercial, LLC

Orlando MSA (Winter Park) – Fortune 100 Tenant – Investor or Owner/User



4122 Metric Drive
Winter Park, FL 32792

Price: $5,500,000
Building Size: ±37,221 SF
Type:
Flex
Investment


Contact Broker:
Lee Zerivitz, SIOR, CCIM
lee@citycommercial.com
407-929-3598

Download PDF Information:
4122-Metric-Drive-Sale-Summary.pdf
Two Purchase Options:
 
Investor with Fortune 100 tenant (Siemens) in-place NNN income + value-add upside
-OR-
Owner/User with the in-place NNN income of a Fortune 100 tenant

$5,500,000 Purchase Price

$259K existing in-place NOI plus huge upside of ±16k sf vacant
(Proforma add’l $190K @ $12 NNN = $455K total NOI = approx 8.3% cap)

Building Highlights:

Professional multi-tenant flex / industrial building totaling ± 37,221 SF
* Pre-cast concrete panel construction
* Presently demised at ± 21k and ± 16k SF
* Well maintained and new seal & stripe
* Historically low operating expenses
* Fully sprinklered
* Zoned I-2/I-3 Unincorporated Orange County
* Ceiling heights: office 9′, storage 12′ & deck 18′
* Two 8 x 10′ roll-up doors
* ±160 parks (4.3/1000)

Space Specifics:

Suite 100: ± 20,592 SF
Siemens Building Technologies in-place NNN lease: approx. $259K NOI with annual increases

Suite 800: ± 16,365 SF
* Vacant for user or investor value-add upside
* Combo of classrooms, cubes and open areas – 100% HVAC including storage areas

Located at signalized intersection of University Blvd. and Metric Dr.

Easy access to UCF, 417, OIA and 436



Map View




Contact us with questions about this property:

Lee Zerivitz, SIOR, CCIM

lee@citycommercial.com

407-929-3598