WP Minnesota-Nicolet Warehouses 4 Properties Offered at $4,580,000 in Winter Park, FL

CITY Commercial is pleased to present a rare opportunity to acquire two fully
leased industrial/flex properties located in Winter Park, FL. These well-positioned
assets feature a diverse tenant mix, strong value-add potential, and the benefits of
operating in a high-demand market. With stable cash flows, ongoing redevelopment
activity in the area, and favorable zoning, this offering presents an attractive
investment with both immediate income growth and long-term redevelopment
upside.
The portfolio comprises ±12,850 square feet of multi-tenant industrial/flex space
spanning 1.41 acres, offering an ideal combination of income stability, future
growth, and redevelopment potential.
Situated between Fairbanks & Minnesota, an area with historically low vacancy and
strong rental rates.
This offering presents an exceptional chance to invest in a high-performing, fully
leased industrial portfolio in one of Central Florida’s most competitive submarkets.
833 NICOLET:
• Three industrial/flex warehouses accommodating 14 diverse and
stable tenants.
• 100% occupancy with room for value-added strategies to increase
NOI.
• .93-acre, fully-paved lot ideal for clients and service vehicles
817 NICOLET:
• .48-acre land lease to a well-established landscaping
contractor with 400 employees.
• Long-term stability with a pr oven in-place tenant.
Value-Add Potential & NOI Growth:
• Short-term lease structures allow for quicker rent adjustments in
response to market demand.
• Opportunity to convert leases to NNN, passing through CAM
expenses to tenants.
• Implementation of a management fee can further enhance net
operating income when transitioning to NNN leases.