Listed by Marcus & Millichap - Orlando
$1,199,000
Winter Haven Warehouse & Storage Facility
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 10,250
Net Rentable (SqFt) 10,250
Units 12
Cap Rate 8.43%
NOI $101,023
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Price per SqFt $117
Broker Co-Op Yes
Year Built 1970
Year Renovated 2021
Buildings 3
Acreage 0.520
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple
100% Leased, Multi-Tenant Industrial | 8.43% Current Cap Rate
Investment highlights
10,250 RSF Warehouse/Mini-Storage Facility | Fully Leased with Additional Shed Available to Rent for Increased Revenue | 0.52 Acre Lot
10 Tenants Occupying an Average of 854 SF | Hedges Risk Against Large Vacancies and Easier to Re-Lease
Provides Secure and Convenient Storage (Fully Fenced Lot with 24/7 Access)
Tight Submarket with Less than 3% Vacancy Rate
Low Average Rent of $11.91/SF
Priced Below Replacement Cost at $117/SF
0.25 Miles to the New Auburndale Publix Shopping Center (Slated for Q1 2026 Completion)
5-Mile Demographics: 113,000 Population & $78,000 Average Household Income
Listing Contacts
Listed by Marcus & Millichap - Orlando
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$101,023.00
$8,418.58/mo
Valuation Metrics
0
DSCR
8.43%
Cap Rate
8.43%
ROI
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