Multi-Tenant Office Investment Opportunity

220 N Westmonte Drive, Altamonte Springs, FL

• (6) Suite Multi-Tenant Office Building in Altamonte Springs, FL

• 18,031 SF under roof, 13,080 SF under air, Tilt wall construction (1985)

• 1.05 Commercial zoned site with 62 parking spaces (5/1000)

• Separate meters, glass store fronts, elevator, and some covered parking with nice covered atrium that can be filled in for additional leasable area

• (2) Vacant contiguous suites totaling 4,226 SF for an owner user (2^nd Floor)

• Close to I-4, SR 436, SR 434, and close to several restaurants

• Current NOI at 39% Leased is $86,116 (5% Cap Rate at 39% Leased)

• 25% down at 4.75% over 25 Years = $7,618 (P&I) or $91K in Debt Service

• Buyer can lease 1 unit and occupy the other and the rental income will service the debt and expenses and Buyer can occupy a unit at no cost + make money

• Suite C Available:                                           1,666 SF               $2,082.50 NNN

• Suite D Available:                                          2,560 SF               $3,200.00 NNN

• Suite F Available: (Medical)                        1,826 SF               $2,282.50 NNN

• Lease Rate:                                      $15.00 NNN ($2.35 NNN expenses)

• Sales Price:                                      $1,800,000  ($100 PSF)