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For Sale

Plaza Del Prado Office

140 North Westmonte Drive,
Altamonte Springs, FL 32714

Asset Snapshot

1982
Year Built
2021
Year Renovated

Offering Summary

Investment Overview

Located at 140 North Westmonte Drive, this 14,514 SF two-story office building presents an attractive owner-user opportunity within the Orlando market. Positioned one block from a major I-4 interchange, the property offers excellent accessibility for patients, employees, and clients. A significant portion of the building (56%) is currently leased to United Healthcare Services, Inc. (Optum), a national, creditworthy medical tenant. The in-place lease generates stable rental income that subsidizes the cost of ownership and occupancy for an owner-user, resulting in a materially lower net cost of occupying the building compared to leasing or owning a fully owner-occupied property. The remaining vacant suites are delivered in shell condition, allowing a buyer to design and build out space tailored to their specific medical or professional use. The property offers an owner-user control of its real estate and long-term equity, with in-place rental income helping subsidize a portion of ownership costs. *Optum Health has 8 reserved parking spaces in rear of building


Investment Highlights

  • Located one block from a major I-4 interchange with strong regional access
  • High visibility with signage opportunity
  • Surrounded by restaurants and amenities

How it Works

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Listing Syndicated From

Buildout
For Sale
Unlisted
Asking Price