MEDPLEX AT LAKE MARY – VACANT MEDICAL CONDO — Sale in Lake Mary, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Lake Mary, FL 32746
  • Year built: 1989

Description

2,675 SF Medical Office Condo | Situated Within the MedPlex at Lake Mary (50,705 SF Premier Office Building) Investment Highlights: • 2,675 SF Medical Office Condo | Situated Within the MedPlex at Lake Mary (50,705 SF Premier Office Building) • Second Generation Premium Medical Office Space | Most Recently a Plastic Surgeon Office • Four Exam Rooms (Three Fully Plumbed), Two Offices, Waiting Area, Nurse's Station, Break Room and Photography Room (See Page 15) • Direct Access & Frontage on W Lake Mary Blvd (18,500 AADT) • MedPlex is Tailored to Healthcare Professionals | Provides a Collaborative Network of Medical Practices • Directly Across from Shoppes of Lake Mary (Anchored by Publix and Target) and Lake Mary Centre (Anchored by The Fresh Market and Hobby Lobby) • One Mile to Orlando Health Lake Mary (Brand New State-of-the-Art Hospital – Opened in Early 2025) • MedPlex at Lake Mary Condo Owners have a 30-Day ROFR to Purchase Other Units Coming for Sale

Market Context

This office in Lake Mary, FL is listed for sale. The building dates to 1989. It has been on the market for 99 days. Compare it against other office listings for sale in Lake Mary, FL — view the full market.

As of Q1 2026, the Orlando office market showed a 3.9% vacancy rate, and cap rates around 6.7%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Office market FAQ

What is the typical cap rate for office in Orlando?
About 6.7% as of Q1 2026, per multiple brokerage reports.
Is the Orlando office market tightening or softening?
Vacancy is around 3.9% (Q1 2026).

Estimated Market Rate

$197.17/SF – $231.96/SF

Mid: $231.96/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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