For Sale, Sold $6,500,000.00 $150 PSF or 3.5% CAP RATE - Industrial, Investment, Warehouse
1717 Diplomacy Row, Orlando, FL 32809
43,451 SF Concrete Building Built in 1967 and renovated in 2014
Fenced 2.75 Acres Zoned I-2/I-3 (County) 150’ truck court, 105+ Spaces
33,801 SF of warehouse space with 4 dock doors and 1 ramp access with 15’ clear and the warehouse was formally under air, Sprinklered
Motorized Doors and Gates, 3 Dock Levelers, 1,200 AMP 480 Volt 3 Phase Power, 250KW Generator, and 2nd Floor Mezzanine Storage
9,650 SF of High-End Office Space built in 2014, Fiber at the building
Video Security, Creston Automation, Card Access at all Doors, Drop Air/Electrical Drops in Service Areas, Motorized Shades, Multiple Kitchens/Break Areas, Assembly Bathrooms, Large Training Room, Newer HVAC units, Server Room, and Outside Break Area
Firestone TPO Roof done in 2014 with Renewable Warranty
4 Years left on Lease, No Options, 50% below market rents.
Absolute NNN lease with NOI of $228,525.
Sales Price: $6,500,000 ($150 PSF or 3.5% CAP Rate)