State of FL DOC Building — Sale in Orlando, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Orlando, FL 32805
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Investment Figures
- Cap rate
- 8.40%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
18,000 Square Foot Single-Tenant Office Building (16,826 RSF) | 100% Leased to Department of Corrections in Orlando, Florida. Investment Highlights: • 18,000 Square Foot Single-Tenant Office Building (16,826 RSF) | 100% Leased to Department of Corrections • State of Florida Guaranteed Lease | Provides Stable & Predictable Cashflow for Years to Come • Recently Executed a Long-Term, Stay-in-Place Lease (Running Through 10/31/31) • Extensive/Recent Remodel to Meet Tenant's Needs • Established and Essential Location for State of Florida DOC (Tenant in Building Since 2005) • 86 Parking Spaces | Parking Ratio = 5/1,000 SF (75 Spaces Required Under the Lease) • Located two Miles From Interstate-4 | Which Benefits From 201,000 Vehicles Daily
Market Context
This office in Orlando, FL is listed for sale. It is offered at an approximate 8.4% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Orlando, FL — view the full market.
As of Q2 2026, the Orlando office market showed a 16.8% vacancy rate, and average asking rents near $27.52/SF/yr. Source: multiple brokerage reports, Q2 2026.
Above-average vacancy gives buyers leverage and a wide set of comparables.
Office market FAQ
- Is the Orlando office market tightening or softening?
- Vacancy is around 16.8% (Q2 2026).
Estimated Price per SF
$171.58/SF – $1,248/SF
Mid: $519.93/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Ray Turchi · (407) 557-3847 · ray.turchi@marcusmillichap.com
- David Vaughan · (407) 557-3829 · david.vaughan@marcusmillichap.com
- Garrett Fierstein · (407) 557-3862 · garrett.fierstein@marcusmillichap.com
Explore this market
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