CITY Commercial is pleased to offer the exclusive opportunity
to purchase a ±14,833 square-foot, 100% leased, single-tenant
net lease, flex/industrial asset located in Winter Park, FL
(Orlando MSA).
The lease is for a 7-year NNN term, with no termination
options, and has annual rent increases.
The property is fully leased to Palmer Electric (“Tenant”), a
leading provider of electrical contracting services in Central
Florida. Approaching its 75th anniversary, Palmer Electric has
excelled in electrical contracting and security solutions since
1951. The company boasts a robust customer base and
maintains a highly recognizable, strong brand reputation.
This asset is located in the highly sought-after Winter Park
suburb of Orlando, in the heart of Central Florida. Ease of
access to I-4, I-75, and the Turnpike, which provide direct
routes north into Jacksonville, west into Tampa, and to south
Florida. This central location allows Palmer Electric to take full
advantage of the surrounding markets.