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11825 High Tech AveOrlando, FL 32817
11825 High Tech Avenue
Asset ClassOffice, Industrial
Weighted Average Lease Term3.8 Years
100% Occupied 18,480 SF Flex Building
overview of deal

Overview

Highly Functional Spaces have been 100% Leased for 9.5 of the Past 10 Years

Four highly functional Class A office suites totaling approximately 4,500 SF, featuring modern, upscale finishes. These spaces have maintained 100% occupancy for 9.5 of the past 10 years, underscoring the strong and consistent demand for this suite size within the East Orlando office market.

 

Income Stability Office

11825 High Tech Ave is a 18,480 SF, two-story Class A office building on 1.76 acres in Orlando’s University submarket — fully leased to three established defense and simulation contractors. The asset sits adjacent to Central Florida Research Park, the largest concentration of military training commands and simulation contractors in the world.

 

Mission-Critical Location

11825 High Tech Ave sits steps away from Central Florida Research Park — the world’s highest concentration of simulation contractors and military training commands ($6.3B annual MS&T output, 45K jobs). All three tenants serve customers co-located in CFRP, including Army PEO STRI, Navy NAWCTSD, and AFAMS. High structural switching costs.

 

Below Market Rates and Opportunity to Increase to Market

The average rental rate at the building is $26.83 psf whereas other multi-story Class A buildings in East Orlando are signing leases approximately $30 psf +/-. Great opportunity to increase the NOI on lease renewals with Tenant’s that have invested substantial infrastructure into their spaces.

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Investment Highlights

# Stories
2
Square Feet
18,480
Parking Spaces
90 Spaces
Year Built
2008
Occupancy
100%
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11825 High Tech AveOrlando, FL 32817

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