3655 Naseem Ln Sanford, FL

Listing office NAI Realvest | Orlando Show Phone

Listing date Apr 18, 2024

Source Moodyscre

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Investment Insights

Based on property information with market context.

This industrial investment opportunity is located in the fast-growing Sanford Airport area. The Delphini Industrial Park consists of 10 individual condo buildings totaling 37,800 square feet on 2.33 acres. The property is 100% leased, with a Year 1 Net Operating Income (NOI) of $380,000 and a 6.3% Cap Rate. The property offers multiple options for a buyer, including buy and hold or selling individual buildings. Construction features include metal buildings and roofs. Each building is equipped with 3-phase, 400 amp electrical service, 14’ x 12’ grade-level overhead doors, and an 18’ clear height. The zoning is GC-2, which allows for commercial and light industrial uses. The property is located directly across the street from Orlando Sanford International Airport, with easy access to SR 46, Lake Mary Blvd, US Hwy 17-92, SR 417 (Greeneway), and I-4.

Key Highlights

• 100% leased with a Year 1 NOI of $380,000 and a 6.3% Cap Rate.
• Located directly across the street from Orlando Sanford International Airport.
• Multiple options for buyer: buy and hold or sell individual buildings.

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FAQs

What type of property is this?

Flex space - Fully leased industrial park near Orlando Sanford International Airport.

Where is this flex space located?

The property is located at 3655 Naseem Ln Sanford, FL.

What are key features of this property?

This property features: 100% leased with a Year 1 NOI of $380,000 and a 6.3% Cap Rate.; Located directly across the street from Orlando Sanford International Airport.; Multiple options for buyer: buy and hold or sell individual buildings.