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The American Building
Acting as exclusive marketing advisor on behalf of the property owner, Foundry Commercial is pleased to offer to qualified investors the opportunity to acquire The American Building (the “Property”), a
four-story, 57,958 SF, 73% leased office building located in the heart of Maitland, FL.
The American Building is located on the north side of Orlando in Maitland, FL and is less than 1 mile from Interstate 4 at the Maitland Boulevard interchange. The Property is conveniently near executive housing, and is less than 10 miles from downtown Orlando. The Property is also surrounded by several amenities including restaurants and as well as the 365,000 SF RDV Sportsplex Athletic Club & Ice Den, Central Florida’s premier fitness destination which was just completed a significant renovation in 2020.
The efficient floorplan is ideal for smaller tenants, and offers window-lined suites with many corner offices. The property is well maintained and professionally managed, and features lush, mature landscaping providing ample amount of shade.
The offering of The American Building presents the opportunity for investors to acquire a stable incomeproducing property with upside potential via rising rental rates and the lease up of the vacant suites.
Address: 1051 Winderley Place, Maitland, FL 32751
Size: 4.25 AC
Zoning: OC – Office Commercial
Building SF: 57,958 SF
Year Built: 1984 | 2011
Number of Floors: 4
Typical Floor Size: 14,490 SF
Parking: 215 surface spaces | 3.71 / 1,000 SF ratio
Current Number of Tenants: 8
Vacant Suites: 15,585 SF
Asking Rental Rate: $21.00 PSF Full Service
NOI (Year 1): $415,363
NOI (Stabilized): $697,130