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121-189 S Orange Ave - The Chase Plaza 6,401 sq ft Office Unit Offered at £1,148,442 in Orlando, FL 32801
INVESTMENT HIGHLIGHTS
- CLASS A OFFICE SPACE
- 6,401 SQFT divided into two units 1450-1470
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Total Property Size | 500,000 sq ft | Typical Floor Size | 23,810 sq ft |
| Property Type | Office (Unit) | Year Built | 2006 |
| Property Subtype | Office / Residential | Total Plot Size | 1.65 ac |
| Costar Property Class | A | Parking Allocation | 0.2/1,000 sq ft |
| Floors | 21 | ||
| Use Class | AC-3A/T/HP - High-density downtown business district | ||
| Total Property Size | 500,000 sq ft |
| Property Type | Office (Unit) |
| Property Subtype | Office / Residential |
| Costar Property Class | A |
| Floors | 21 |
| Typical Floor Size | 23,810 sq ft |
| Year Built | 2006 |
| Total Plot Size | 1.65 ac |
| Parking Allocation | 0.2/1,000 sq ft |
| Use Class | AC-3A/T/HP - High-density downtown business district |
AMENITIES
- Banking
- Bus Route
- Commuter Rail
- Courtyard
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Kitchen
1 UNIT AVAILABLE
Unit 1450/1470N
| Unit Size | 6,401 sq ft | Sale Type | Investment |
| Price | £1,148,442 | Net Initial Yield | 5.96% |
| Price Per sq ft | £179.42 | NOI | £68,444.89 |
| Unit Use | Office | APN/Parcel ID | 26-22-29-7156-14500, 26-22-29-7156-14-700 |
| Unit Size | 6,401 sq ft |
| Price | £1,148,442 |
| Price Per sq ft | £179.42 |
| Unit Use | Office |
| Sale Type | Investment |
| Net Initial Yield | 5.96% |
| NOI | £68,444.89 |
| APN/Parcel ID | 26-22-29-7156-14500, 26-22-29-7156-14-700 |
DESCRIPTION
Two Units for sale in The Plaza Downtown's North Tower. Occupy one and collect rent on the other, great for future expansion.
- 4,538 SSF + 1,863 SSF = Total 6,401 SSF
Unit 1450-1470
- Open Concept Workspace
- Large Balcony overlooking
Orange Ave
- Corner Unit
- Large Conference Room
- Small conference room
- Private office
- Kitchen/ break room
Unit 1450
- 1,683 Sq. Ft.
- Double door entry directly off elevator
- New Paint and wood laminate flooring
- Views of Downtown and Lake Eola
- Floor to ceiling glass
- High end finishes throughout
Private offices, Reception, break and
conference rooms
SALE NOTES
LCRE Group at Remax Direct presents a prime investment in downtown Orlando’s Plaza Building – North Tower. This sale includes two income-producing office units totaling 6,401 sq. ft. Unit 1450N (4,538 sq. ft.) is a corner space with a balcony overlooking Orange Ave, featuring an open layout, conference rooms, private offices, a kitchen, and a breakroom, leased until March 31, 2027. Unit 1470N (1,683 sq. ft.) has a double-door entry, new paint, wood laminate floors, private offices, a reception area, a breakroom, and conference rooms with floor-to-ceiling windows showcasing downtown Orlando and Lake Eola, leased until October 31, 2026. This is a fantastic opportunity to acquire an income-generating asset in a prime location. CAP RATE at 5.7% NOI: $88,312.00
1450
1450-2
MAJOR TENANT INFORMATION
| TENANT | sq ft OCCUPIED | LEASE END DATE |
|---|---|---|
| CMX Cinemas |
-
|
December 2025
|
| Aimark |
-
|
September 2023
|
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121-189 S Orange Ave - The Chase Plaza
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