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1750 Longleaf Blvd - Bldg 24 35,250 SF Industrial Condo Unit in Lake Wales, FL 33859
EXECUTIVE SUMMARY
Four condo unit investment sale located in Polk County. The property is currently occupied by TruGreen Lawn Care one of nation's leading lawn care service providers occupying Suite 1 10,875SF +/-. Mosaic Roofing, occupying Suite 2&3 with 5,400SF +/- a reputable regional roofing contractor. Florida State Fire Marshal occupies Suite 7, 8 & 9 with around 8,100SF+/-, and GND Millwork, a millwork and cabinetry manufacturer occupying Suite 11 10,785SF +/-. Owner is only interested in selling all four condos together. This offers an excelent opportunity for investors seeking to acquire a well-established industrial corridor with proven tenant demand.
PROPERTY FACTS
| Total Building Size | 50,000 SF | Typical Floor Size | 50,000 SF |
| Property Type | Flex (Condo) | Year Built | 2006 |
| Property Subtype | Light Distribution | Lot Size | 4.00 AC |
| Building Class | B | Parking Ratio | 1.5/1,000 SF |
| Floors | 1 | ||
| Zoning | C - Commercial | ||
| Total Building Size | 50,000 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Distribution |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 50,000 SF |
| Year Built | 2006 |
| Lot Size | 4.00 AC |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | C - Commercial |
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Wheelchair Accessible
- Air Conditioning
1 UNIT AVAILABLE
Unit 1-4
| Unit Size | 35,250 SF | Sale Type | Investment |
| Condo Use | Industrial |
| Unit Size | 35,250 SF |
| Condo Use | Industrial |
| Sale Type | Investment |
DESCRIPTION
Majority share of ownership (35,250 SF) in Multi-Tenant Office/Warehouse Condo. 55% is leased and producing income. 9.6% CAP when fully occupied. HUGE UPSIDE POTENTIAL to Use or Lease 10,875 SF of beautifully built out office/warehouse with loading dock. Remaining 5,400 SF is raw and open to finishing to a users needs. Fantastic income investment opportunity in booming Polk County, FL.
IMG_8362
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| GND Millwork Inc. |
-
|
Jan 0000
|
| Core Rehabilitation |
-
|
Jan 0000
|
| Fiddlers Ridge Farms Inc |
-
|
Jan 0000
|
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1750 Longleaf Blvd - Bldg 24
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