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1356 Bennett Dr 46,560 SF Industrial Building Longwood, FL 32750 $9,607,121 CAD ($206.34 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 46560 SQFT - $149 per SQFT
  • 11 Offices plus Showroom, Board Room and storage & 7 Bathrooms ( One with Shower)
  • ADA access front and rear
  • 2.38 acres - With Fenced yard - Loading front and Rear
  • 4 Dock High Doors and 2 Roll-up doors and ramp
  • Many recent Upgrades Including LED lighting , Paved and painted Parking Lot- Landscaping- Gutters with underground piped runoff

EXECUTIVE SUMMARY

Super clean - 46,560 square feet warehouse. This updated, clean warehouse sits on 2.5 acres of land in Longwood's perfectly located industrial area. Excellent frontage on Bennett Drive with ample parking both in front and rear of the building.
The Column spacing is 40'x30' and the ceiling height is 18' +/-. Zoned industrial. 4 Dock-high doors, plus another 2 with a loading ramp and roll-up door. The .35 +/- acres of fully fenced yard behind the building can easily accommodate a semi-truck turnaround.
There are 11 offices, a 2,000 SF showroom, a 300 SF board meeting room, and a 600 SF under-air storage area. All interior offices have 10-foot ceilings. There are 7 bathrooms throughout the property, one of which in the office area is a full bathroom with shower.
The property was built in 1984 and 1987 with major renovations in 2008 and 2018, on top of this some of the most recent upgrades include LED motion detection warehouse lighting and newly installed LED overhead lighting, new interior floors in the office and showroom areas, modern ceiling tiles and bathroom fixtures, and a newly designed pantry. On the exterior of the property, the parking lot has been recently paved and striped with freshly planted landscaping, new gutters, and newly installed underground piped rainwater run-off. Accessible ramps along with stairs were also added, leading up to the property, both front and rear.
The property was constructed on a fill dirt platform which is four feet above ground, with a water run-off drainage ditch running along the entire right-side perimeter of the building.
Tenant occupied by 2 tenants (1 owner tenant) 50% occupied –Vacant space listed for lease @ $12.50 SQFT plus CAM for future tenants if not wanting to occupy the whole space or purchase as an investment.
Excellent location in Longwood -- close to UPS, FedEx, 17/92, SR 434, SR 436, and I-4.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $452,209 $9.71
Taxes $54,011 $1.16
Operating Expenses - -
Total Expenses $54,011 $1.16
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $452,209
Annual Per SF $9.71
Taxes (CAD)
Annual $54,011
Annual Per SF $1.16
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $54,011
Annual Per SF $1.16
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $9,607,121 CAD
Price Per SF $206.34 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Showroom
  • Industrial Warehouse
Building Class B
Lot Size 2.38 AC
Rentable Building Area 46,560 SF
No. Stories 1
Year Built/Renovated 1984/2018
Parking Ratio 0.43/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2
Zoning IND - Industrial

AMENITIES

  • Fenced Lot
  • Front Loading
  • Wheelchair Accessible
  • Reception
  • Common Parts WC Facilities

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Caeser Events Orlando INC
  • Administrative and Support Services
  • 12,020 SF
  • $21.47 CAD
  • Modified Gross
  • Jul 2028
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Caeser Events Orlando INC Administrative and Support Services 12,020 SF $21.47 CAD Modified Gross Jul 2028

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - 2
  • 10,300 SF
  • Industrial
  • Partial Build-Out
  • Now

Just under 8000 SQFT warehouse plus 2307 SQFT high-end office and showroom.

  • 1st Fl - 3
  • 21,600 SF
  • Industrial
  • -
  • Now

2 dock high, 1 dock with a Ramp. LED Lighting, WC. 14 x 8 Office ADA access and 20,000 SQFT fenced yard

Space Size Space Use Condition Available
1st Fl - 2 10,300 SF Industrial Partial Build-Out Now
1st Fl - 3 21,600 SF Industrial - Now

1st Fl - 2

Size
10,300 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Fl - 3

Size
21,600 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 2

Size 10,300 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Just under 8000 SQFT warehouse plus 2307 SQFT high-end office and showroom.

1st Fl - 3

Size 21,600 SF
Space Use Industrial
Condition -
Available Now

2 dock high, 1 dock with a Ramp. LED Lighting, WC. 14 x 8 Office ADA access and 20,000 SQFT fenced yard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-21-29-5CK-750E-0001
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$3,378,930 CAD (2024)
Annual Taxes
$54,011 CAD ($1.16 CAD/SF)
Tax Year
2023
  • Listing ID: 32235890

  • Date on Market: 2024-06-24

  • Last Updated:

  • Address: 1356 Bennett Dr, Longwood, FL 32750

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