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BACK ON THE MARKET MULTI-TENANT WAREHOUSE … · Commercial Industrial warehouse located in South...

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KW COMMERCIAL 11 S Bumby Ave., Suite 200 Orlando, FL 32803 MARK ARNOLD Senior Associate 0 407.353.6391 C 407.353.6391 [email protected] FL #BK3220138 SUNNY GANDHI Senior Associate O 407.629.4420 C 321.945.4477 [email protected] MULTI-TENANT WAREHOUSE INVESTMENT FOR SALE - WAREHOUSE PRESENTED BY: 10577 ROCKET BLVD, ORLANDO, FL 32824 WAREHOUSE FOR SALE - INVESTMENT OWNER/USERS OR INVESTOR VALUE ADD OPPORTUNITY! BACK ON THE MARKET
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Page 1: BACK ON THE MARKET MULTI-TENANT WAREHOUSE … · Commercial Industrial warehouse located in South Orlando Industrial area, near Florida Turnpike on Rocket Blvd. 31,150 SF steel frame

KW COMMERCIAL11 S Bumby Ave.,Suite 200Orlando, FL 32803

MARK ARNOLDSenior Associate0 407.353.6391C [email protected] #BK3220138

SUNNY GANDHISenior AssociateO 407.629.4420C [email protected]

MULTI-TENANT WAREHOUSE INVESTMENT

FOR SALE - WAREHOUSE

PRESENTED BY:

10577 ROCKET BLVD, ORLANDO, FL 32824

WAREHOUSE FOR SALE - INVESTMENT

OWNER/USERS OR INVESTOR VALUE ADD OPPORTUNITY!

BACK ON THE MARKET

Page 2: BACK ON THE MARKET MULTI-TENANT WAREHOUSE … · Commercial Industrial warehouse located in South Orlando Industrial area, near Florida Turnpike on Rocket Blvd. 31,150 SF steel frame

www.kwcommercial.com 2

KW COMMERCIAL11 S Bumby Ave.,Suite 200Orlando, FL 32803

Confidentiality & Disclaimer

MARK ARNOLDSenior Associate0 407.353.6391C [email protected] #BK3220138

SUNNY GANDHISenior AssociateO 407.629.4420C [email protected]

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliancewith applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of theproperty for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercialmakes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercialdoes not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Orlando Central in compliance with all applicable fair housing and equal opportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

FOR SALE - WAREHOUSE

PRESENTED BY:

10577 ROCKET BLVD, ORLANDO, FL 32824

Page 3: BACK ON THE MARKET MULTI-TENANT WAREHOUSE … · Commercial Industrial warehouse located in South Orlando Industrial area, near Florida Turnpike on Rocket Blvd. 31,150 SF steel frame

www.kwcommercial.com 3

OFFERING SUMMARY

LOT SIZE: 2.0 Acres

BUILDING SIZE: 31,150 SF

2019 GROSS REVENUE: $130,897.

OCCUPANCY: 100%

UNIT A: UNIT B: UNIT C:

11,040 SF8,250 SF11,040 SF

PROPERTY OVERVIEW

Commercial Industrial warehouse located in South Orlando Industrial area, near Florida Turnpike on Rocket Blvd. 31,150 SF steel frame warehouse on 2.0 Acres. This multi-tenant investment is fully occupied.

Gross Operating Income in 2019 was $130,897. All leases are month-to-month. Current rents are 50% below market rate. Excellent value-add investment opportunity or potential warehouse space for user/occupant.

Three warehouse units with built-in offices. Unit A-11,040 SF, Unit B-8,250 SF, Unit C-11,040 SF. Ten 12’ Roll-up doors. Three Ramps, Seven Dock High. The property is well maintained and in good condition.

Modified Gross. Tenants pay utilities, irrigation and landscaping. Roof is presently being replaced.

Executive Summary

MULTI-TENANT WAREHOUSE INVESTMENT

10577 Rocket Blvd, Orlando, Fl 32824

VALUE-ADD OPPORTUNITY - CURRENT MONTH-TO-MONTH LEASES ARE AT 50% OF MARKET.

PRICE: $2,500,000.

Page 4: BACK ON THE MARKET MULTI-TENANT WAREHOUSE … · Commercial Industrial warehouse located in South Orlando Industrial area, near Florida Turnpike on Rocket Blvd. 31,150 SF steel frame

www.kwcommercial.com 4

SALE HIGHLIGHTS

• Zoning/Use - Warehouse I-4

• FLU-Industrial

• 2.0 Acres

• Gross SF 31,150

• Lease-able SF 30,330

• Constructed 1982

• Steel Frame

• Ten 12’ Roll-up Doors

• 3 Ramps, 7 Dock Level

• 22’ Center Ceiling Height

• 3 Offices

• 26,400 SF Paved Surface Parking & Ramps

• Fenced Yard

INVESTMENT HIGHLIGHTS

• Fully Occupied

• NNN, Tenants pay all expenses.

Complete Highlights

MULTI-TENANT WAREHOUSE INVESTMENT

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www.kwcommercial.com 5

Location Maps

MULTI-TENANT WAREHOUSE INVESTMENT


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