407-929-3598
875 Jackson Ave, Winter Park, FL for Sale
Flex - FOR SALE
1/10
null | 6% Cap Rate

875 Jackson Ave
Winter Park, FL 32789


HIGHLIGHTS

  • Call for pricing & details
  • Winter Park - NNN Investment
  • 6 CAP
  • Long-Term STNL to a Tenured Industry Expert
  • The property offers a rare ± 15,000 SF flex/industrial warehouse on 1.31 ac of land
  • Major renovation 2024

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Winter Park - Palmer Electric NNN Investment

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.31

LAND SF

57,064

ZONING

C-3

APN/PARCEL ID

29-2212-2136-01-030

ASK ABOUT THIS PROPERTY

Lee Zerivitz, SIOR, CCIMCITY CommercialMore Info
407-929-3598

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Lee Zerivitz, SIOR, CCIMCITY CommercialMore Info
407-929-3598

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