3725 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. Multiple options are available for the buyer, including buy and hold or selling individual buildings. The construction features metal buildings and roofs. Each building is equipped with 3-phase, 400 amp electrical service. The property includes 14’ x 12’ grade-level overhead doors and an 18’ clear height. Zoning is GC-2, allowing 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 Investment: Immediate income with $380,000 Year 1 NOI and a 6.3% Cap Rate.
• Strategic Location: Across from Orlando Sanford International Airport with easy access to major highways.
• Flexible Investment Options: Buy and hold the entire park or sell individual condo 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 3725 Naseem Ln Sanford, FL.

What are key features of this property?

This property features: 100% Leased Investment: Immediate income with $380,000 Year 1 NOI and a 6.3% Cap Rate.; Strategic Location: Across from Orlando Sanford International Airport with easy access to major highways.; Flexible Investment Options: Buy and hold the entire park or sell individual condo buildings.