1059 Duck Box
24,000 SF 88% Leased Flex Building Umatilla, FL 32784 $3,760,000 ($157/SF) 6% Cap Rate
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 FACTS
AMENITIES
- Fenced Lot
- Monument Signage
- Air Conditioning
UTILITIES
- Lighting - Halogen
- Water - Well
- Sewer - Septic Field
- Heating - Electric
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
We have a 3,000 sq ft industrial space for Lease available in our well-maintained Umatilla warehouses, offering flexible lease terms from 1 to 5 years. This space is ideal for trade industries, providing excellent access to key locations such as Eustis, Umatilla, Mount Dora, Highway 441, and Highway 19. Property consists of four multi-tenant flex buildings, 9 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.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 100 | 3,000 SF | Industrial | - | Now |
1st Fl - 100
| Size |
| 3,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 23-18-26-0010-000-01100 | Improvements Assessment | $1,948,229 |
| Land Assessment | $195,457 | 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.) |
CONTACTS
-
Cheryl Roitman -
Siraj Aghayev
- Concord International Realty
