2,302 Square Foot Office Space For Sale @ 1525 International Parkway #1051 - Suite 1051

2,302 sf Class A Office Condo in the exploding Lake Mary submarket. The suite is in the sought after Park Place at Heathrow building. It is currently home to a wealth management firm and is ideally suited for a high end financial services firm, law firm or any high end user that entertains clients. The space is currently rented to an excellent tenant whose lease runs through September 2016. Buy the space at today's discounted prices and plan to occupy the space in 12 months. The lease rate is below today's market rate, so if you decide to re-rent, there will definitely be rental upside. The space is in excellent condition and perhaps in the best location within the building. It has the ease and convenience of a first floor suite, and is a corner unit with peaceful views of the manicured courtyard. Recent closed comps at nearby Central Parc at Heathrow have comparable values in the $275/sf range once TI is considered. Unit has sold twice before for $253.50 per gross sf and $307 per gross sf. Now offered at $250/gsf.


Sales Info:
■ Commision split: 2.75%

Location Description:
This property is located in the prestigious Heathrow area in the Park Place at Heathrow mixed use development. The location is the new Power Intersection of the Heathrow/Lake Mary area at International Parkway and CR 46-A. The property rests adjacent to the Lake Mary Marriott and Park Place retail center. Perhaps the best features of this property outside the walls are the gorgeous granite lobby and beautiful bricked courtyard with 15 foot waterfall fountain. The new 4 Star Lake Mary Westin Hotel is directly across the street.


Highlights:
■ $250 SF
■ 2,302 SF
■ Leased through September 2016
■ Class A area and building
■ Near major roadways such as I-4 and the Greenway