Central Florida Resource Center

Oviedo

Vision:

Originally constructed between 2003 and 2008, Central Florida Resource Center is a campus containing three buildings at 5700, 5707, and 5712 Dot Com Court. Constructed with masonry and tilt-wall construction on 11.93 (+/-) acres, this campus has an abundance of parking and outdoor space and is highly functional with 24′-28′ clear height, full sprinkler coverage, 20 dock-high doors, and 3 drive-ins. The buildings are well located in the city of Oviedo, in the Orlando market, near Central Florida University. Upon acquisition, the asset was 80% leased at below market rents. The buildings are in good condition, needing minimal repair scope to restore the campus to excellent condition.

Value:

This project is positioned in a relatively underserved submarket. Central Florida University provides a consistent economic engine for the region, producing entrepreneurs in the defense contracting and engineering fields at a healthy clip. The below market rents allow for an attainable mark-to-market strategy.

Property Features:

  • 209,304 SF in three modern, shallow bay structures.
  • Abundant parking on campus
  • 24’ – 28’ clear height, fully sprinklered
  • 20 dock-high doors and 3 drive in doors with 95’ – 120’ truck courts
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Additional Information:

Location

Immediate adjacent to the Central Florida Research Park which includes the University of Central Florida with its 69,320-student body enrollment, several top U.S. military contractors (Northrop Gruman, Lockheed Martin, etc.), and the Naval Air Warfare Center Training Systems Division. Within 2 miles of I 85 and I 285 interchange

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