We are pleased to present you with a unique opportunity through DIX Financial to partner in the acquisition of CIARA ECON, a 7-building Office/Retail park, with two locations in the Orlando, FL market, one, only 2 miles from the University of Central Florida and the other strategically located between Lake Mary’s Business District and Historic Downtown Longwood.
Accredited Investors Only.
EXECUTIVE CENTER SPACE
Value-Add Opportunity in Orlando
Only 2 Miles West of the University of Central Florida
- Proven Value-Add Program: The current owner has put in place all entitlements, permits and paid impact fees. This project is a mix of new buildings and shovel ready pads.
- Horizontal and Vertical: We will purchase 1 1/2 buildings completed and two additional buildings already under construction and to be completed. Three additional buildings ready to go up as soon as we close.
- 20%-30% Profit Potential: Upon sale of the properties end of year 3, a substantial profit potential will be distributed among the partners.
Why We Like This Deal: Florida is known as a “long-term growth state.” People relocate here with plans to stay awhile. Florida has been one the fastest growing states in the country over the past seven decades, often located in the top four. With more and more people moving to Orlando and surrounding areas, the inevitable increase in jobs and incomes has also helped push Orlando to the top of the real estate investment list.
Population & Job Growth: Orlando experienced the best year-over-year employment growth rate in August among the 41 largest metros in the U.S. at 4.0%, nearly triple the national rate of 1.4%.
Affluent Submarket & Desirable Location: Lake Mary is a posh Orlando suburb. One of the properties is located across the street from the Lake Mary YMCA, near large employment centers, top-ranked school districts, and upscale retail establishments. Econ is 2 miles from the 2nd largest university in the county, the University of Central Florida.
New Construction: Class A locations and new construction are creating high demand. With new buildings we have low to no maintenance, both parks are in high demand areas and are in need of small office and retail spaces. The diversity between two parks and locations greatly reduces our risk for the current real estate cycle. We’re sitting at the sweet spot combining “affordable” and “desirable”, plus upside potential on our 28,000 rentable sf.
Monday - Friday : 9am - 5pm ET
Saturday & Sunday : Closed
103 Commerce St
Lake Mary, FL 32746
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