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1059 Duck Box
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1059 Duck Box
24,000 SF 100% Leased Flex Building Umatilla, FL 32784 $3,760,000 ($157/SF) 6% Cap Rate
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INVESTMENT HIGHLIGHTS
- Located in Umatilla, approximately 45 minutes northwest of Downtown Orlando
- Features 18 foot ceilings, (10) 12' bay doors and 3 phase power
- Offers potential for rent increases with built-in 3% annual rental increases
EXECUTIVE SUMMARY
Property consists of four multi-tenant flex buildings, 10 spaces fully leased located in Umatilla, FL. Each building is 6,000 sf and is situated just about 45 minutes northwest of Downtown Orlando. This class A property boasts 18 foot ceilings, 12' bay doors and 3 phase power, giving this asset endless future opportunities. Rents are modest, giving future ownership the ability to increase rents. Rent roll is available upon request, all leases have a built-in 3% annual increase.
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Monument Signage
- Air Conditioning
UTILITIES
- Lighting - Halogen
- Water - Well
- Sewer - Septic Field
- Heating - Electric
PROPERTY TAXES
Parcel Number | 23-18-26-0010-000-01100 | Improvements Assessment | $1,948,229 |
Land Assessment | $195,457 | Total Assessment | $2,143,686 |
PROPERTY TAXES
Parcel Number
23-18-26-0010-000-01100
Land Assessment
$195,457
Improvements Assessment
$1,948,229
Total Assessment
$2,143,686
ZONING
Zoning Code | C3 (Zoned C3, the Office- Flex Warehouse Space Class A is perfect for investors seeking a fully leased multi-tenant flex space complex.) |
C3 (Zoned C3, the Office- Flex Warehouse Space Class A is perfect for investors seeking a fully leased multi-tenant flex space complex.) |
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Presented by
Concord International Realty
1059 Duck Box
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