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Renovated Flex Space in Lake Mary
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109 Commerce St, Lake Mary, FL 32746

5,600 SF industrial flex space with renovated office.

Space Size5,600 SF
Days on Market1424

Property Features for 109 Commerce St

General Information

Standard status Active
Size 5,600 SF
Class B
Total Parking Spaces 10
Property subtype Industrial, Office
Lease Type NNN

Building Details

Building Size 5,600 SF
Year Built 1987
Tenancy Single

Spaces For Lease

at 109 Commerce St Contact us

109 Commerce St

Size
5,600 SF
Type
Industrial, Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Alpha Equity
Listed By: MAHDI JAFFER, CCIM · License #FL SL3225530
Source: Crexi
Added: Sep 19, 2022 Changed: Aug 11 Last Checked: Aug 12 at 4:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alpha Equity

Investment Insights

Based on property information with market context.

Located at the end of the Lake Mary Commerce Park, 109 Commerce St offers a 5,600 sq ft industrial flex space. The property features a warehouse with a 23' ceiling height and two roll-up doors, along with a completely renovated office. Situated in a three-building cul-de-sac, this column-free building provides an excellent warehouse/flex space with a 1500/4100 sq ft office/warehouse split. The office space includes a large front office/reception area, three additional offices, two bathrooms, a breakroom, and a large L-shaped warehouse with two grade-level doors, one exterior man door, and two doors connecting the warehouse into the back office. The building features new luxury tile floors and was previously owner-occupied and maintained. Recent upgrades from 2020-2022 include a newly re-sealed roof, flat panel LED lighting, flooring upgrades, interior and exterior paint, warehouse insulation upgrades, and skylight replacement. The property is located just off of Lake Emma & Lake Mary Blvd, less than half a mile from the Home Depot & Dunkin' Donuts Plaza on Primera Blvd & Lake Mary Blvd, and less than two minutes from the new Top Golf on Lake Emma. It is ideally situated with easy access to Lake Mary Blvd, Lake Emma & Ronald Reagan, two minutes from I-4, and adjacent to public transportation. This industrial/flex space is suited for business use.

Key Highlights

  • 5,600 sq ft industrial flex space featuring a 1500/4100 sq ft office/warehouse split.
  • Enjoy the benefits of a 23' ceiling height in the warehouse with no columns.
  • Completely renovated office space** with a large front office/reception area, 3 additional offices, 2 bathrooms, and a breakroom.

Property Analytics

Current Use

Del-Air Heating Air ... HVAC Service Next level Technology Corporate Office

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Dental Office Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32746, FL

45,828
Population
20,204
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
97%
High-School Grad
21.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$111,534
Median Household Income
$55,860
Median Earnings
$1,912
Median Rent
$420,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 5,600 SF industrial flex space with renovated office.
Where is this flex space located?
The property is located at 109 Commerce St Lake Mary, FL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 5,600 sq ft industrial flex space featuring a 1500/4100 sq ft office/warehouse split.; Enjoy the benefits of a **23' ceiling height in the warehouse with no columns.**; Completely renovated office space** with a large front office/reception area, 3 additional offices, 2 bathrooms, and a breakroom.
More about this property
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