6962 Edgewater Dr - Warehouse FOR SALE


Orlando, FL 32810- Lockhart
$5,300,000 USD
201-675-2103
6962 Edgewater Dr, Orlando, FL for Sale
$5,300,000 USD
Warehouse - FOR SALE
1/14
null | 7.65% Cap Rate

6962 Edgewater Dr
Orlando, FL 32810
Lockhart


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

22

PARKING SPACES

74

LAND DETAILS

LAND ACRES

2.59

LAND SF

112,820

ZONING

C-3

APN/PARCEL ID

32-2129-0000-00-312

ASK ABOUT THIS PROPERTY

Kevin BuxtonSouthpaw CapitalMore Info
201-675-2103

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

Kevin BuxtonSouthpaw CapitalMore Info
201-675-2103

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