NNN Investment Property with Massive Upside

NNN Investment Property with Massive Upside
1717 Diplomacy Row, Orlando, FL 32809, USA
For Sale, Sold $6,500,000.00 $150 PSF or 3.5% CAP RATE - Industrial, Investment, Warehouse
1717 DIPLOMACY ROW 43451 SF 1967 Year Built 2.75 ACRES

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)                           

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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