1216 W Amelia St.
FOR SALE: Orlando Industrial Single-Tenant Investment Opportunity | $10.4M
Marketing description
Marcus & Millichap is pleased to present for sale 1216 W Amelia Street, a 57,160-square-foot single tenant industrial building located in Orlando, Florida. Built in 1954 and well maintained since, the property is constructed of load-bearing CMU perimeter walls with a steel-framed roof structure, and recently received significant capital improvements including a 2017 TPO roof replacement at the northeast corner and a 2020 spray-applied foam roof coating over the remaining warehouse and office areas, backed by a 20-year warranty.
The property is fully leased to Memoir Agency LLC, a large-scale event and brand activation company, on a long-term NNN lease commencing May 1, 2026 and running through July 31, 2031, with 3.5% annual rent escalations.
1216 W Amelia Street includes two non-contiguous parcels totaling 2.38 acres, both situated at the intersection of W Amelia Street and Hames Avenue. The 1.61-acre parcel at the southeast corner contains the building, five truck-height loading docks, and two drive-in doors. A separate 0.77-acre parcel at the northwest corner of the same intersection (514 Hames Avenue) provides additional paved parking and open outdoor storage, giving the tenant expanded yard capacity that is difficult to find with infill Orlando industrial product.
Located just west of Interstate 4 and Orange Blossom Trail, the property benefits from immediate access to Downtown Orlando and the broader I-4 corridor, with excellent connectivity for logistics, distribution, or event-production uses.
Investment highlights
- LONG-TERM, CONTRACTUALLY GROWING NNN INCOME: The property is 100% leased to Memoir Agency LLC through July 31, 2031 on a net basis, with 3.5% annual rent escalations built into every lease year.
- VALUE-ADD TWO-PARCEL FOOTPRINT WITH ADDITIONAL PARKING AND STORAGE: The offering includes a separate 0.77-acre parcel, diagonally across the intersection from the main 1.61-acre building parcel.
- INFILL LOCATION POSITIONED AHEAD OF A CONSTRAINED SUPPLY PIPELINE: Orlando's industrial market is entering its slowest delivery pace in a decade, with 2026 inventory growth of just 1.1%.
- RECENT CAPITAL INVESTMENT REDUCES NEAR-TERM CAPEX RISK: The roof was substantially upgraded in 2017 & 2020.
- FUNCTIONAL INDUSTRIAL DESIGN WITH OUTSIZED LOADING: The building offers five truck-height loading docks and two drive-in doors.
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