116 W Kings Hwy - Light Distribution FOR SALE


Center Hill, FL 33514
$990,000 USD
352-504-0040
116 W Kings Hwy, Center Hill, FL for Sale
$990,000 USD
Light Distribution - FOR SALE
1/29
null | 6.08% Cap Rate

116 W Kings Hwy
Center Hill, FL 33514


HIGHLIGHTS

  • 5,037+/- SF Building Total
  • 3,222+/- SF of Warehouse Space
  • Zoned CH - Heavy Commercial
  • Sale Lease Back
  • Contact Lisa Jodray for Showings 352-205-1883

OVERVIEW

Offering Investment Opportunity 6% CAP Rate for a 5,037+/- SF Bldg with finished offices and 3,222+/- SF of warehouse. Property sits directly on CR 48 / Kings Hwy and the corner of Florida Ave. Located within the City of Center Hill, Zoned CH / Heavy Commercial, lot size is .84 acre, and 183'x201'. The building was just remodeled in 2024 with beautiful new offices, admin and waiting, conference room, and breakroom. The 3,222+/- SF warehouse has 5 grade level overhead rollup doors, security fenced storage yard, and new electrical service. Seller will need to lease building back during the completion of their new facility. Building and property are attractive and well maintained. Property is less than an hour to Orlando or Ocala and just minutes to The Villages. All information is believed accurate and correct be not guaranteed or warranted and subject to change without notice. With The Villages continued expansion and growth don't let this opportunity be the one you wished you had taken!! Shown by appointment only - Contact Lisa Jodray for Showings 352-205-1883

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

6.08%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5,037+/- SF Bldg In the Path of The Villages

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83

LAND SF

36,155

ZONING

CH

APN/PARCEL ID

Q22A222

ASK ABOUT THIS PROPERTY

Tom GrizzardGrizzard Commercial Real Estate Group, LLCMore Info
352-504-0040

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Tom GrizzardGrizzard Commercial Real Estate Group, LLCMore Info
352-504-0040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.