Downtown Orlando Office with Parking

1516 E. Hillcrest st Orlando, FL 32803

1516 E. Hillcrest st, Orlando, FL, 32803
1516 E. Hillcrest st, Orlando, FL, 32803
Property Type:
Multi Tenant Office
Cap Rate:
Last Verified:
Jun 29, 2023

Located at the corner of Ferncreek Ave. & Hillcrest St. directly adjacent to the future Fern Creek Starbucks (coming soon) Conveniently situated 5 minutes from the Downtown Orlando Business District with easy access to I-4 & SR 408 One block South of high-traffic Colonial Drive (52,526 AADT) On-site parking included at no additional charge Walking distance from the Mills & 50 restaurant corridor within close proximity to Colonial Plaza & Orlando Executive Airport Corner suite includes reception area, collaborative work space, and break room, with conference room and 6 private offices along 14 windows for abundant natural light

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Map of 1516 E. Hillcrest st, Orlando, FL, 32803

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.