Multi-Tenant Industrial Flex
For Sale
Contact for pricing
Pending
115 Commerce St, Lake Mary, FL 32746
Standalone flex/industrial building offers two 6,000 SF units with overhead drive-in access and 25–23 clear heights.
Property Size12,000 SF
Days on Market128
Property Features for 115 Commerce St
General Information
Standard status
Pending
Size
12,000 SF
Property subtype
Industrial
Additional Details
Cap Rate
7.13%
Highway Access
Yes
Clear Height
25 ft
Building Details
Tenancy
Multi
Listing Agency:
Alpha Equity
(407) 435-9596
Listed By:
Abassali Sultanali · License #FL 3371569
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 15 at 11:24PM
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.
115 Commerce St is a 12,000 SF multi-tenant industrial/flex property split into two 6,000 SF halves (115A and 115B). The stand-alone building includes four 12'6" x 12'6" overhead doors and one 10'6" roll-up door, supporting practical warehouse and light industrial operations. Clear ceiling height is reported at approximately 25'–23' across the facility.
The property is located at the very end of Lake Mary Commerce Park, within a three-building cul-de-sac. It backs up to county-owned retention between the site and Skyline Dr. Public remarks note proximity to local retail on Primera Blvd & Lake Mary Blvd, and nearby access to Lake Mary Blvd, Lake Emma, and Ronald Reagan, with 2 minutes to I-4 and about 5 minutes to SR-417.
As presented for sale, 115A is leased through 2026 with annual escalations and a personal guarantee. Public remarks also indicate 115B can be provided at closing with a six-year personal guaranteed lease, or alternatively vacant with an owner-occupant scenario described as adjacent tenancy supporting a portion of carrying costs.
The property is located at the very end of Lake Mary Commerce Park, within a three-building cul-de-sac. It backs up to county-owned retention between the site and Skyline Dr. Public remarks note proximity to local retail on Primera Blvd & Lake Mary Blvd, and nearby access to Lake Mary Blvd, Lake Emma, and Ronald Reagan, with 2 minutes to I-4 and about 5 minutes to SR-417.
As presented for sale, 115A is leased through 2026 with annual escalations and a personal guarantee. Public remarks also indicate 115B can be provided at closing with a six-year personal guaranteed lease, or alternatively vacant with an owner-occupant scenario described as adjacent tenancy supporting a portion of carrying costs.
Key Highlights
- 12,000 SF multi‑tenant industrial/flex property split into two 6,000 SF units (115A and 115B)
- 115A leased until 2026 with annual escalations and a personal guarantee
- 115B can be provided at closing with a 6‑year personal guaranteed lease or can be provided vacant for owner occupancy
Property Analytics
Current Use
Lease Details
25 ft
Clear height
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Flex space - Standalone flex/industrial building offers two 6,000 SF units with overhead drive-in access and 25–23 clear heights.
Where is this flex space located?
The property is located at 115 Commerce St Lake Mary, FL.
What are key features of this property?
This property features: 12,000 SF multi‑tenant industrial/flex property split into two 6,000 SF units (115A and 115B); 115A leased until 2026 with annual escalations and a personal guarantee; 115B can be provided at closing with a 6‑year personal guaranteed lease or can be provided vacant for owner occupancy
