NNN Investment Property, Multi-Tenant 100% AC Warehouse

NNN Investment Property, Multi-Tenant 100% AC Warehouse
2426 Viscount Row, Orlando, FL 32809, USA
For Sale, Sold $3,500,000.00 $195 PSF or 3.7% CAP Rate - Industrial, Investment
2426 Viscount Row 17,950 SF 1978 Year Built 1.15 Acres

2426-2440 Viscount Row, Orlando, FL 32809

17,950 SF Multi-Tenant Building Built in 1978 and renovated in 2021
100% Fully Air-Conditioned, 20’ Clear Height, Free Span (No Columns)
1.15 Acres Zoned I-2/I-3 (County) Corner of Presidents Dr/ Viscount Row
Former 5 Tenant Property converted to a 2 Tenant Property
Dock and Ramp Access, 20’ Clear Height, 100% AC Space
6 Meter Cans in place, easy to revert back to Multi-Tenant in the future.
2 Tenants, ProSound and Kate Spade (Both Credit Tenants)
Video Security, 2 Access Points, (2) ADA Bathrooms, Kitchenette,
New TPO Roof done in 2021 with a 20 Year Warranty
ProSound (13,000 SF) 4-year lease, No Options, 50% below market rents.
Kate Spade (4,950 SF) is MTM. Market Rent is $12 NNN for that unit.
Absolute NNN lease with NOI of $129,528

Sales Price: 3 ,500,000 (($1 9 5 PSF or 3. 7 % CAP

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Agent Vincent Wolle, CCIM, SIOR

Career including a sales and lease transaction volume of over $1,000,000,000+. Sold, leased, or managed over 3,500,000 SF of commercial…
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Vincent Wolle, CCIM, SIOR