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| professional office condos at 587 E. SR 434 |
ORLANDO, Fla. – Lincoln Property Company recently closed on
the $3,000,000 sale of the majority of a 75,720 square foot, three-story
building comprised of professional office condos at 587 E. SR 434 in Longwood.
Broker Sean DuPree,
CCIM listed the property
totaling 62,600 square feet or over 80 percent of the building and negotiated
the transaction representing the
seller, Fort Lauderdale-based Longwood Office
Park,
LLC. Orlando investors 434 Longwood Medical LLC purchased five vacant units on the
first floor and the entire second and third vacant floors each measuring 25,000
square feet. The building was constructed in 1984 just east of Ronald Reagan Blvd.
(CR 427) and less than half a mile from South Seminole Hospital, north of Orlando. Two other owners that occupy offices
on the first floor are West Orange Neprology in 2,476 square feet and Orlando
Health Family Medicine in 4,880 square feet.
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| Sean DuPree |
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About
Lincoln Property Company
Lincoln Property Company is a full
service commercial real estate firm offering a comprehensive suite of
value-added services for clients. With a substantial local presence and history
in the Southeast region, the company is ideally situated to provide superior
service, which comes from striving to understand the goals and challenges of
tenants, investors, lenders and owners of commercial real estate.
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