Single-Tenant Industrial
For Sale
$10,400,000
1216 W Amelia St, Orlando, FL 32805
Fully leased industrial facility with multiple loading docks and drive-in doors on two parcels totaling 2.38 acres.
Property Size57,160 SF
Lot Size2.38 Acres
Price / SF$181.95
Days on Market94
Property Features for 1216 W Amelia St
General Information
Standard status
Active
Size
57,160 SF
Lot size
2.38 Acres
Property subtype
Single-Tenant Industrial
Occupancy
100%
Site & Location
Neighborhood
Lake Dot
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Dock-High Doors
5
Drive-In Doors
2
Additional Details
Cap Rate
6%
Amenities
LONG-TERM, CONTRACTUALLY GROWING NNN INCOME: The property is 100% leased to Memoir Agency LLC through July 31, 2031 on a net basis, with 3.5% annual rent escalations built into every lease year.
VALUE-ADD TWO-PARCEL FOOTPRINT WITH ADDITIONAL PARKING AND STORAGE: The offering includes a separate 0.77-acre parcel, diagonally across the intersection from the main 1.61-acre building parcel.
INFILL LOCATION POSITIONED AHEAD OF A CONSTRAINED SUPPLY PIPELINE: Orlando's industrial market is entering its slowest delivery pace in a decade, with 2026 inventory growth of just 1.1%.
RECENT CAPITAL INVESTMENT REDUCES NEAR-TERM CAPEX RISK: The roof was substantially upgraded in 2017 & 2020.
FUNCTIONAL INDUSTRIAL DESIGN WITH OUTSIZED LOADING: The building offers five truck-height loading docks and two drive-in doors.
Building Details
Building Size
57,160 SF
Year Built
1954
Construction
CMU
Tenancy
Single
Listing Agency:
Fort Lauderdale Office
Listed By:
Doug Mandel · License #License(s): FL: SL3090637
(954) 245-3465
Source:
Marcusmillichap
Added: Jul 24
Changed: Oct 23
Last Checked: Oct 24 at 1:32PM
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 Fort Lauderdale Office
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Investment Insights
Based on property information with market context.
1216 W Amelia Street is a 57,160-square-foot single-tenant industrial building built in 1954 and maintained over time. The structure features load-bearing CMU perimeter walls with a steel-framed roof. Recent capital improvements include a 2017 TPO roof replacement at the northeast corner and a 2020 spray-applied foam roof coating over the remaining warehouse and office areas, backed by a 20-year warranty.
The property consists of two non-contiguous parcels totaling 2.38 acres at the intersection of W Amelia Street and Hames Avenue. The southeast corner parcel (1.61 acres) includes the building, five truck-height loading docks, and two drive-in doors. The separate northwest corner parcel (0.77 acres) provides additional paved parking and open outdoor storage to support expanded yard capacity.
The facility is fully leased to Memoir Agency LLC under a long-term NNN lease commencing May 1, 2026 through July 31, 2031, with 3.5% annual rent escalations. The location provides immediate access to Downtown Orlando and the I-4 corridor, positioned just west of Interstate 4 and Orange Blossom Trail.
The property consists of two non-contiguous parcels totaling 2.38 acres at the intersection of W Amelia Street and Hames Avenue. The southeast corner parcel (1.61 acres) includes the building, five truck-height loading docks, and two drive-in doors. The separate northwest corner parcel (0.77 acres) provides additional paved parking and open outdoor storage to support expanded yard capacity.
The facility is fully leased to Memoir Agency LLC under a long-term NNN lease commencing May 1, 2026 through July 31, 2031, with 3.5% annual rent escalations. The location provides immediate access to Downtown Orlando and the I-4 corridor, positioned just west of Interstate 4 and Orange Blossom Trail.
Key Highlights
- 57,160 SF single‑tenant industrial building built in 1954 and fully leased to Memoir Agency LLC on a long‑term NNN lease.
- Lease term runs from May 1, 2026 through July 31, 2031 with 3.5% annual rent escalations.
- Roof improvements include a 2017 TPO roof replacement and a 2020 spray‑applied foam roof coating with a 20‑year warranty.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$387,734
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,754,680
$7.8M
Cap Rate 7%
$5,539,057
$5.5M
Cap Rate 9%
$4,308,156
$4.3M
Market Conditions
NOI Build-Up for 57,160 SF
Gross rent
$500.7K $8.76/SF
− Vacancy
−$44.6K −$0.78/SF
EGI
$456.2K $7.98/SF
− OpEx
−$68.4K −$1.20/SF
NOI
$387.7K $6.78/SF
Area
Orlando, FL
Vacancy
8.90%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,754,680
Cap Rate 7%
$5,539,057
Cap Rate 9%
$4,308,156
Alternative Uses
Best Use
Warehouse
$5.54M
$4.85M – $6.46M
NOI $387,734 @ 7.0% cap · market cap 3.73%
Second Best
Industrial
$4.56M
$3.99M – $5.32M
NOI $319,310 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$18.41M
$16.11M – $21.48M
NOI $1,288,926 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
5
Dock-high doors
2
Drive-in doors
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
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Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
Median Home Value
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Market
Vacancy Rate% for Industrial in Orlando, FL
Frequently Asked Questions
What type of property is this?
Distribution center - Fully leased industrial facility with multiple loading docks and drive-in doors on two parcels totaling 2.38 acres.
Where is this distribution center located?
The property is located at 1216 W Amelia St Orlando, FL.
What is the asking price?
The asking price for this property is $10,400,000.
What are key features of this property?
This property features: 57,160 SF single‑tenant industrial building built in 1954 and fully leased to Memoir Agency LLC on a long‑term NNN lease.; Lease term runs from May 1, 2026 through July 31, 2031 with 3.5% annual rent escalations.; Roof improvements include a 2017 TPO roof replacement and a 2020 spray‑applied foam roof coating with a 20‑year warranty.
