The Depot Altamonte Springs

7,649 SF | 100% Leased | Retail Building | Altamonte Springs, FL 32701 | $1,700,000 ($222/SF) | 6.17% Cap Rate

Asking Price $1,700,000

Property Type: Retail
Square Feet: 7,649 SF
Price / Square Foot: $222

Listing Contacts

Danilo Aquino

Verified Profile

Rosana Almeida

Verified Profile

Property Info

Property Overview

The Depot Business Center in Altamonte Springs presents an incredible investment opportunity to acquire a prime, multitenant, free-standing multi-use building; retail, office, and commercial. This one-story establishment provides an ideal setting for small and medium businesses. The property offers several perks, including ample surface parking and monument signage. 1159 E Altamonte Drive provides unparalleled convenience for entrepreneurs since it is directly across from several high-traffic retail complexes. Businesses will thrive in this vibrant area, benefiting from exceptional visibility with an average of 48,500 daily vehicles passing along Altamonte Drive. Additionally, The Depot's strategic positioning, just over 2 miles from Interstate 4, ensures optimal connectivity to Orlando's metro area. The property is only 13 miles from Orlando Sanford Airport (SFB) and a 30-minute drive from Orlando International Airport (MCO) and only 1.6 miles away from the Altamonte Mall.
The property features a new roof that was re-done in 2023 and is under a 10-year warranty and new exterior painting.

Property Details

Class: B
Year Built/Renovated: 2001/2023
Stories: 1
Property Subtype: Freestanding, Storefront, Storefront Retail/Office, Loft/Creative Space
Lot Size (sq. ft): 34,412 SF

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