The Property consists of 3 small-bay warehouse buildings on 2.59 acres totaling of 30,411 SF of building space that is fully leased to 11 tenants. This is a great opportunity to own a fully stabilized, NNN Small Bay Industrial asset in Orlando.
The Property is zoned C-3, which is an extremely versatile designation that allows for industrial, office and retail uses.
The northwest Orange County sub-market has experienced extreme growth over the last 5 years boasting a sub 4% vacancy rate for industrial properties. Rent growth has been strong in the submarket since the beginning of 2021 and the annual rate of growth is now up to 15.5%, inline with the wider market average. With more than 20% of Orlando’s industrial stock, NW Orange County is the second-largest submarket in the metro by inventory. The area is serviced by numerous major roadways, including Interstate 4, the Florida Turnpike, and U.S. Route 441.