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Utility Line Construction Services - Lake Cit 165 NW Amenity Ct 7,750 SF 100% Leased Flex Building Lake City, FL 32055 $2,728,483 CAD ($352.06 CAD/SF) 6.65% Cap Rate
Investment Highlights
- Leased by utility line construction services, a subsidiary of Asplundh is this right with an estimated annual revenue of roughly $5.7 billion.
- Significant investment by the tenant into the buildout and customization of the property.
- Formed in 2000 from small beginnings, ULCS now boasts more than 2,300 non-union employees in 15 states safely performing utility transmission.
- Flex space used as a central hub, dispatch center, and training facility for ULCS.
- 10% increases at each 3 year option.
- ULCS is part of Asplundh Infrastructure Group. As an Asplundh company, ULCS is backed by a nearly 100-year-old, financially solid.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 7,750 SF Utility Line Construction Services facility located at 165 NW Amenity Court in Lake City, FL. This property is leased to Utility Line Construction Services (ULCS), a subsidiary of Asplundh, which generates an estimated annual revenue of approximately $5.7 billion to $6.2 billion. The flex space serves as a central hub, dispatch center, and training facility for ULCS operations, providing investors with a stable tenant backed by a large, established organization and offering a strong investment opportunity.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
Property Facts
Amenities
- Fenced Lot
- Security System
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Utility Line Construction Services
- Agriculture, Forestry, Fishing and Hunting
- 7,750 SF
- $23.39 CAD
- Triple Net
- Nov 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Utility Line Construction Services | Agriculture, Forestry, Fishing and Hunting | 7,750 SF | $23.39 CAD | Triple Net | Nov 2027 |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 28-3S-16-02372-027 | Improvements Assessment | $545,256 CAD |
| Land Assessment | $56,323 CAD | Total Assessment | $601,578 CAD |
Property Taxes
Parcel Number
28-3S-16-02372-027
Land Assessment
$56,323 CAD
Improvements Assessment
$545,256 CAD
Total Assessment
$601,578 CAD
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Utility Line Construction Services - Lake Cit | 165 NW Amenity Ct
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