550 Holts Lake Ct - Warehouse CONDO FOR SALE


Apopka, FL 32703
$650,000 USD
407-697-2176
550 Holts Lake Ct, Apopka, FL for Sale
$650,000 USD
Warehouse CONDO - FOR SALE
1/6
null | Request Cap Rate

550 Holts Lake Ct
Apopka, FL 32703


HIGHLIGHTS

  • Suite 103/104 includes a warehouse, 1 office, open collaborative area, 2 restrooms, and a lobby
  • Warehouse clear height is 15 ft with 12 ft roll-up door
  • Immediate access to SR 414 / SR 429 (34,500 AADT) and W Orange Blossom Trail (30,500 AADT)
  • Parking spaces are common courtesy within the center
  • Extensive renovations completed in 2022 including interior buildout in both suites, new roof, new warehouse HVAC, and new office HVAC
  • ± 6,750 SF Industrial / Flex Building located within the 12-building Apopka Expressway Commerce Center

OVERVIEW

First Capital Property Group is delighted to introduce an exceptional investment opportunity at 550 Holts Lake Ct., a strategically located small bay Industrial/Flex building. Positioned at the epicenter of vast industrial developments housing major national corporations like Coca-Cola, Goya Foods, Amazon, Copart, and Chadwell, this property stands as a prime asset in a dynamic business landscape. Nestled just minutes away from major transportation arteries, 550 Holts Lake Ct. offers unparalleled connectivity for efficient logistics and distribution operations. The property’s strategic location ensures it plays a pivotal role in the regional industrial ecosystem. With existing tenant income in place, investors can benefit from immediate returns on their investment. Moreover, the property’s unique feature lies in the flexibility it offers – the current owner, who occupies only half of the building, is flexible with regard to departure timeframe upon closing. This presents an opportunity for new owners to take full possession, providing flexibility in space utilization or the potential for additional rental income. The building boasts high-quality office buildout finishes, creating a professional and appealing workspace environment suitable for modern businesses. Additionally, the property benefits from an owner-friendly, low-cost association with condo fees at $1.50 / SF ($843.75 / month). This association takes responsibility for the roof and the exterior maintenance, contributing to cost-effectiveness and alleviating the burden on property owners. In summary, 550 Holts Lake Ct. stands as a prime investment opportunity, combining a strategic location, existing tenant income, flexibility in occupancy, and cost-efficient ownership. This small bay industrial/Flex building is poised to deliver long-term value in the heart of a thriving industrial hub.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

6,750 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

I-1

APN/PARCEL ID

06-21-28-0161-00-103,06-21-28-0161-00-104

ASK ABOUT THIS PROPERTY

Jeré MathenyFirst Capital Property Group, Inc.More Info
407-697-2176

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Jeré MathenyFirst Capital Property Group, Inc.More Info
407-697-2176

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