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Office

Lake Destiny Center

1101 N Lake Destiny Rd, Maitland, FL 32751

Listing Price: $8,750,000

Cap Rate
8.00%
Gross SF
57,526
Rentable SF
57,526
Price/Gross SF
$152.11
Lot Size
6.00 acres
Year Built
1985

Investment Overview

Marcus & Millichap is pleased to present for sale the Lake Destiny Center (the “Property”), a four-story, ±57,526-square-foot office building located at 1101 North Lake Destiny Road in Maitland, Florida. The Property is situated in the affluent Maitland Center submarket within the greater Orlando area.

Lake Destiny Center is approximately 94% occupied and offers investors a stabilized, cash-flowing asset with a well-diversified tenant mix that includes both national and local occupants. Anchored by ClearChoice Dental Implant Centers, the Property features large monument signage, covered parking in the basement garage, and lakefront views that enhance tenant appeal.

Strategically located along Interstate 4 just off the Maitland Boulevard exit, the Property benefits from excellent visibility, accessibility via Maitland Boulevard and Wymore Road, and proximity to a dense residential population of over 100,000 within a three mile radius with average household incomes exceeding $83,000.

With staggered lease expirations and minimal near-term rollover, Lake Destiny Center presents a compelling opportunity for an investor seeking a well-located, income producing asset in one of Orlando’s most established office corridors.

Investment Highlights

  • Stabilized Cash-Flowing Asset: Approximately 94% occupied with a diverse mix of national and local tenants, providing strong in-place income with minimal near-term rollover.
  • Anchored by National Tenant: ClearChoice Dental Implant Centers serves as the anchor, enhancing credit quality and tenant stability.
  • Strategic Location: Positioned just off Interstate 4 and Maitland Boulevard in the affluent Maitland Center submarket—offering excellent visibility, and connectivity to the greater Orlando market.
  • Covered Parking & Lake Views: Features basement-level covered parking and backs up to Lake Destiny, offering scenic views and attractive tenant amenities.
  • Affluent Surrounding Demographics: Over 100,000 residents within a three-mile radius with average household incomes exceeding $83,000.
  • Strong Office Submarket: Located in one of Orlando's most established office corridors, with a healthy leasing environment and limited competing supply.

Exclusively Listed By

Office

Lake Destiny Center

Listing Price: $8,750,000

Cap Rate
8.00%
Gross SF
57,526
Rentable SF
57,526
Price/Gross SF
$152.11
Lot Size
6.00 acres
Year Built
1985

Investment Highlights

  • Stabilized Cash-Flowing Asset: Approximately 94% occupied with a diverse mix of national and local tenants, providing strong in-place income with minimal near-term rollover.
  • Anchored by National Tenant: ClearChoice Dental Implant Centers serves as the anchor, enhancing credit quality and tenant stability.
  • Strategic Location: Positioned just off Interstate 4 and Maitland Boulevard in the affluent Maitland Center submarket—offering excellent visibility, and connectivity to the greater Orlando market.
  • Covered Parking & Lake Views: Features basement-level covered parking and backs up to Lake Destiny, offering scenic views and attractive tenant amenities.
  • Affluent Surrounding Demographics: Over 100,000 residents within a three-mile radius with average household incomes exceeding $83,000.
  • Strong Office Submarket: Located in one of Orlando's most established office corridors, with a healthy leasing environment and limited competing supply.

Investment Overview

Marcus & Millichap is pleased to present for sale the Lake Destiny Center (the “Property”), a four-story, ±57,526-square-foot office building located at 1101 North Lake Destiny Road in Maitland, Florida. The Property is situated in the affluent Maitland Center submarket within the greater Orlando area. Lake Destiny Center is approximately 94% occupied and offers investors a stabilized, cash-flowing asset with a well-diversified tenant mix that includes both national and local occupants. Anchored by ClearChoice Dental Implant Centers, the Property features large monument signage, covered parking in the basement garage, and lakefront views that enhance tenant appeal. Strategically located along Interstate 4 just off the Maitland Boulevard exit, the Property benefits from excellent visibility, accessibility via Maitland Boulevard and Wymore Road, and proximity to a dense residential population of over 100,000 within a three mile radius with average household incomes exceeding $83,000. With staggered lease expirations and minimal near-term rollover, Lake Destiny Center presents a compelling opportunity for an investor seeking a well-located, income producing asset in one of Orlando’s most established office corridors.

Exclusively Listed By

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