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1750 Longleaf Blvd 7,976 SF Flex Condo Unit Offered at $2,401,840 CAD in Lake Wales, FL 33859
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.75% |
| Sale Type | Investment |
| Cap Rate | 7.75% |
Description
Presenting a rare opportunity to acquire a fully stabilized industrial condo with Government lease in place strategically located along the established Longleaf Boulevard industrial corridor in Lake Wales, Polk County, Florida. This offering consists of one condo unit with strong financials.
Anchored by a strong tenant mix and long-standing regional operators, this asset provides investors with dependable in-place income and minimal near-term rollover exposure.
Anchored by a strong tenant mix and long-standing regional operators, this asset provides investors with dependable in-place income and minimal near-term rollover exposure.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 7,8,& 9 | 7,976 SF | Flex | $2,401,840 CAD ($301.13 CAD/SF) | $186,097.31 CAD |
Unit 7,8,& 9
| Unit Size |
| 7,976 SF |
| Condo Use |
| Flex |
| Price |
| $2,401,840 CAD ($301.13 CAD/SF) |
| NOI |
| $186,097.31 CAD |
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Unit 7,8,& 9
| Unit Size | 7,976 SF |
| Condo Use | Flex |
| Price | $2,401,840 CAD ($301.13 CAD/SF) |
| NOI | $186,097.31 CAD |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| Description | |
| Presenting a rare opportunity to acquire a fully stabilized industrial condo with Government lease in place strategically located along the established Longleaf Boulevard industrial corridor in Lake Wales, Polk County, Florida. This offering consists of one condo unit with strong financials. <br> <br> Anchored by a strong tenant mix and long-standing regional operators, this asset provides investors with dependable in-place income and minimal near-term rollover exposure.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Florida Fire Marshal |
-
|
January 2029
|
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1750 Longleaf Blvd
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