1750 Longleaf Blvd 50,000 SF 100% Leased Flex Building Lake Wales, FL 33859 $6,741,888 CAD ($134.84 CAD/SF) 8.10% Cap Rate

100% OCCUPIED PREMIER INDUSTRIAL INVESTMENT OPPORTUNITY | 35,226± SF | 24' CLEAR HEIGHTS | STRONG IN-PLACE CASH FLOW | VALUE-ADD POTENTIAL
GDA Capital & Development is pleased to present a rare opportunity to acquire approximately 35,226± square feet of industrial warehouse space located within one of Lake Wales' premier industrial facilities.
The offering consists of four industrial condominium units that may be acquired individually, in combination, or as a complete package, providing investors and owner-users exceptional flexibility.
This is a unique opportunity to acquire a stabilized, income-producing industrial asset featuring strong in-place cash flow, high-quality tenancy, modern warehouse specifications, and significant embedded value-add through below-market lease repositioning and future rental growth.
The property features 22-24 foot clear warehouse heights, overbuilt poured block construction, ample parking, modern warehouse functionality, and excellent access to the major transportation corridors serving Central Florida. two miles from US 60 and frontage on US 27
INVESTMENT HIGHLIGHTS
• Approximately 35,226± SF of industrial warehouse space
• 22-24 foot clear warehouse heights
• Four industrial condominium units available
• Seller will consider the sale of individual units, multiple units, or the entire ownership
• Strong in-place cash flow
• Diversified tenant base
• Government tenant occupancy
• National corporate tenant
• Significant below-market lease upside
• Professionally maintained property
• Located within one of Central Florida's fastest-growing industrial markets
DIVERSE & STABLE TENANT MIX
The property is occupied by an established and diversified tenant base providing immediate income and long-term stability.
Florida State Fire Marshal
Approximately 8,100 SF occupied by the State of Florida. This tenant has occupied the property for more than fifteen years, has an excellent payment history, and provides one of the strongest tenancy profiles within the asset.
TruGreen
Approximately 10,875 SF occupied by TruGreen, one of the nation's leading commercial landscape service providers. The tenant has previously expressed interest in expanding its operations, creating additional long-term upside for future ownership.
GND Millwork
Approximately 10,875 SF occupied by an established regional business with a long operating history within the market.
Mosaic Roofing
Approximately 5,400 SF occupied under a lease that was intentionally negotiated below current market rental rates in exchange for substantial tenant-funded improvements to the premises. This lease provides one of the property's most significant value-add opportunities upon renewal.
SIGNIFICANT VALUE-ADD OPPORTUNITY
One of the most compelling characteristics of this investment is the embedded rental upside.
The Mosaic Roofing lease was originally structured below current market rents because the tenant invested significant capital into improving the space, including electrical infrastructure and interior improvements that permanently enhanced the property's value. Upon lease expiration, ownership has the opportunity to reposition the space to current market rental rates, creating a meaningful increase in Net Operating Income.
Additional upside exists through annual rental escalations, future lease renewals, continued industrial rent growth throughout Polk County, and potential tenant expansion opportunities.
This combination of immediate cash flow and future NOI growth provides investors with both current income and long-term appreciation potential.
PRIME CENTRAL FLORIDA LOCATION
Lake Wales continues to experience significant commercial and industrial growth due to its strategic location within Central Florida.
The property offers excellent access to:
• US Highway 27
• State Road 60
• Interstate 4
• Lakeland
• Orlando
• Tampa
The location is well positioned for manufacturing, distribution, logistics, warehouse, contractor, and service-related users seeking efficient access throughout the state.
FLEXIBLE OWNERSHIP OPPORTUNITY
The property is legally configured as industrial condominium units, allowing the seller to offer maximum flexibility to prospective purchasers.
The seller will consider:
• Acquisition of the entire 35,226± SF ownership (preferred)
• Acquisition of multiple units
• Individual unit purchases
This flexibility creates opportunities for private investors, owner-users, syndicators, family offices, and 1031 exchange buyers seeking high-quality industrial assets with immediate cash flow and future upside.
INVESTMENT SUMMARY
Industrial vacancy throughout Central Florida remains historically low while demand for quality warehouse product continues to increase. With strong existing tenancy, 24-foot clear warehouse heights, diversified income, embedded rental upside, and flexible acquisition options, this offering represents a rare opportunity to acquire a high-quality industrial investment positioned for both immediate cash flow and long-term appreciation.
Confidential rent roll, leases, financial information, and additional due diligence materials are available upon request.