www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32636970
32636971

1750 Longleaf Boulevard, Lake Wales, FL 33859

AW
FL FL SL3375578
Millenia Partners
Listed by Millenia Partners
$1,750,000
24 days on market
Updated 24 days ago

1750 Longleaf Boulevard Investment Sale

Details
Property Type Industrial
Sub Type Warehouse
Units 3
Cap Rate 7.75%
NOI $135,592
Tenancy Single
Lease Type Gross
Lease Term 22.3
Lease Expiration 01/31/2029
Remaining Term 2.7
Class C
Year Built 2007
Lot Size (SqFt) 7,976
Zoning BP
Investment Type Stabilized
Tenant Credit Credit Rated
Lease Commencement 10/03/2006
Ground Lease No
Sale Condition N/A

Industrial Investment Sale | 7.75% CAP

Marketing description

Single-unit industrial condo investment sale located in Polk County. Suites 7, 8 & 9 form a combined 7,976 SF +/- unit fully leased to the Florida State Fire Marshal — a State of Florida government tenant in place at the property since 2006. The unit is part of a four-condo industrial building at 1750 Longleaf Boulevard, with the other three units owned and being sold separately. This offers an exceptional opportunity for investors seeking long-tenured, government-backed income in a well-established industrial corridor.

Zoned for light industrial, warehouse, manufacturing, and business park uses. Excellent regional access via US-27 (25,769 AADT) and proximity to SR-60 (27,000 AADT) makes this location ideal for distribution, manufacturing, or logistics operations. Surrounded by industrial users.

Investment highlights

  • Government credit tenant — Florida State Fire Marshal (State of Florida)
  • 7.75% cap rate on in-place NOI of $135,000
  • Proven occupancy since 2006, demonstrating exceptional tenant commitment
  • ±7,976 SF across Suites 7, 8 & 9
  • Lease in place through January 2029
  • Zoned BP (Business Park / Light Industrial) — flexible, in-demand use profile
  • Excellent regional access via US-27 (25,769 AADT), with proximity to SR-60 (27,000 AADT)
  • Established industrial corridor surrounded by national and regional tenants

Listing Contacts

AW
FL FL SL3375578
Millenia Partners
Listed by Millenia Partners

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,592.00
$11,299.33/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Ashley Walker
License
FL SL3375578
Brokerage
Millenia Partners
Brokerage Phone
4073703211
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591