646 SqFt
646 SqFt
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 646 sqft
Price per Sqft $2,630
Subdivision Parkway Distibution Center Condo Ph 02
MLS Listing ID O6397353
Condo Fees $1,861
Construction Status Completed
HOA Y/N No
Annual Recurring Fee 22332.0
Year Built 1986
Annual Tax Amount $12,598
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Warehouse
Source Stellar MLS
Property Description
This 8,479 SF asset (±646 SF office / ±7,786 SF warehouse) is currently leased to a national telecommunications infrastructure contractor through September 17, 2026, providing stable cash flow during the near term. The tenant has an established presence at the property, and there is a strong possibility of renewal, while the lease term also offers clear timing for an owner-user to plan occupancy.
The property is currently leased at $11.55/SF, representing a significant discount to market rents ($15–$18/SF), creating a compelling mark-to-market opportunity for investors or the ability for an owner-user to acquire at a basis supported by below-market income.
Constructed of concrete block, the building offers 16–17 ft clear height, two dock-high doors (including one with lift), and a secured fenced/gated configuration, making it highly functional for logistics, distribution, or service-based operations. The office buildout includes a reception area, two private offices, and dual restrooms.
Strategically located with immediate access to Florida Turnpike, SR 528 (Beachline Expressway), and SR 417 (Central Florida GreeneWay), and minutes from Orlando International Airport, the property sits within one of Central Florida's most active industrial corridors.
This asset provides immediate return with embedded upside, while also presenting a rare opportunity for an owner-user to secure a well-located facility with near-term occupancy optionality.
Location
State FL
County Orange
Community Parkway Distibution Center Condo Ph 02
Area 32824 - Orlando/Taft / Meadow Woods
Zoning IND-4
Interior
Heating Central
Cooling Office Only
Flooring Ceramic Tile
Exterior
Community Features Curbs
Utilities Available Phone Available, Public, Underground Utilities
Roof Type Membrane
Building
Lot Description Corner Lot, Industrial Park, Oversized Lot
Story 1
Entry Level One
Foundation Slab, Stem Wall
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Completed
Others
Ownership Condominium
Monthly Total Fees $1, 861
Acceptable Financing Cash, Commercial Financing, Owner Financing, Private Financing Available
Listing Terms Cash, Commercial Financing, Owner Financing, Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6397353
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