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1356 Bennett Dr

46,560 SF 100% Leased Industrial Building Longwood, FL 32750 $6,937,000 ($149/SF)

Investment Highlights

  • 46560 SQFT - $149 per SQFT
  • 11 Offices plus Showroom, Board Room and storage & 7 Bathrooms ( One with Shower)
  • ADA access front and rear
  • 2.38 acres - With Fenced yard - Loading front and Rear
  • 4 Dock High Doors and 2 Roll-up doors and ramp
  • Many recent Upgrades Including LED lighting , Paved and painted Parking Lot- Landscaping- Gutters with underground piped runoff

Executive Summary

Super clean - 46,560 square feet warehouse. This updated, clean warehouse sits on 2.5 acres of land in Longwood's perfectly located industrial area. Excellent frontage on Bennett Drive with ample parking both in front and rear of the building.
The Column spacing is 40'x30' and the ceiling height is 18' +/-. Zoned industrial. 4 Dock-high doors, plus another 2 with a loading ramp and roll-up door. The .35 +/- acres of fully fenced yard behind the building can easily accommodate a semi-truck turnaround.
There are 11 offices, a 2,000 SF showroom, a 300 SF board meeting room, and a 600 SF under-air storage area. All interior offices have 10-foot ceilings. There are 7 bathrooms throughout the property, one of which in the office area is a full bathroom with shower.
The property was built in 1984 and 1987 with major renovations in 2008 and 2018, on top of this some of the most recent upgrades include LED motion detection warehouse lighting and newly installed LED overhead lighting, new interior floors in the office and showroom areas, modern ceiling tiles and bathroom fixtures, and a newly designed pantry. On the exterior of the property, the parking lot has been recently paved and striped with freshly planted landscaping, new gutters, and newly installed underground piped rainwater run-off. Accessible ramps along with stairs were also added, leading up to the property, both front and rear.
The property was constructed on a fill dirt platform which is four feet above ground, with a water run-off drainage ditch running along the entire right-side perimeter of the building.
Tenant occupied by 4 tenants – Room to increase SQFT amounts for future tenants if not wanting to occupy the whole space or purchase as an investment.
Excellent location in Longwood -- close to UPS, FedEx, 17/92, SR 434, SR 436, and I-4.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $326,526 $7.01
Taxes $39,000 $0.84
Operating Expenses - -
Total Expenses $39,000 $0.84
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $326,526
Annual Per SF $7.01
Taxes
Annual $39,000
Annual Per SF $0.84
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $39,000
Annual Per SF $0.84
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $6,937,000
Price Per SF $149
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Showroom
  • Industrial Warehouse
Building Class B
Lot Size 2.38 AC
Rentable Building Area 46,560 SF
No. Stories 1
Year Built/Renovated 1984/2008
Parking Ratio 0.43/1,000 SF
Clear Ceiling Height 18 FT
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot
  • Front Loading
  • Wheelchair Accessible
  • Reception
  • Common Parts WC Facilities

zoning

Zoning Code IND (Industrial)
IND (Industrial)
  • Listing ID: 32235890

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 1356 Bennett Dr, Longwood, FL 32750

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