Single-Tenant Industrial
1216 W Amelia St Orlando, FL 32805
New
For Sale
$10,400,000
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 Market3
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
Building Details
- Year Built
- 1954
Listing Agency:
Fort Lauderdale Office
(954) 245-3465
Listed By:
Doug Mandel · License #License(s): FL: SL3090637
(954) 245-3465
Source:
Marcusmillichap
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 26 at 2:59AM
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
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 For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $500.7k | $8.76 |
| − Vacancy | −$44.6k | −$0.78 |
| EGI | $456.2k | $7.98 |
| − OpEx | −$68.4k | −$1.20 |
| NOI | $387.7k | $6.78 |
57,160 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$15.25M
$13.34M – $17.79M
NOI $1,067,463 @ 7.0% cap · market cap 10.26%
Second Best
Warehouse
$5.54M
$4.85M – $6.46M
NOI $387,734 @ 7.0% cap · market cap 3.73%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
CosPro Marketing
Advertising Agency
FAQs
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.
