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1085 Belle Ave Casselberry, FL 32708

Sponsored
For Sale
$4,900,000

High-NOI Warehouse, 26,182 SF, NNN Lease

Property size:
26,182 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 26,182-square-foot warehouse located at 1085 Belle Ave, Winter Springs, FL 32708, in Seminole County. The property boasts a strong financial profile, featuring a Net Operating Income (NOI) of $236,370 upon lease renewal. Currently occupied under a single-tenant, NNN lease expiring April 30, 2029 (5-year remaining term), the lease includes 3% annual escalations. The warehouse itself is a 20' ceiling height metal building with 12 loading docks and is fully insulated, further enhanced by multiple large industrial fans. Situated on a 3.47-acre lot with Commercial General zoning, this property offers significant upside potential upon lease expiration. An additional 5 acres of contiguous land are also available for acquisition. The APN is 04-21-30-521-0000-0020. The asking price for this prime industrial asset is $4,900,000. This is a rare opportunity to acquire a well-located, high-performing warehouse with a strong tenant and significant future growth potential. A personal guarantee is in place.

Property Features for 1085 Belle Ave

General Information

Property type
Distribution properties
Square Feet
26,182 SF
Lot Size
151,153 SF

HighLights

  • $4,900,000 asking price for this 26,182 SF industrial warehouse.
  • NNN lease with a single tenant, expiring April 30, 2029 (5‑year remaining term).
  • 100% occupancy with a current NOI of $236,370.
  • Features include 12 loading docks and 20' ceiling height.
  • Situated on a 3.47‑acre lot in Casselberry, FL (Seminole County), with additional contiguous land available.
Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Map

City
Casselberry
County
Seminole
State
Florida
Longitude
-81.3142059
Latitude
28.69372

FAQs

What type of property is this?
Distribution property - High-NOI Warehouse, 26,182 SF, NNN Lease
Where is this distribution property located?
The property is located at 1085 Belle Ave Casselberry, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: $4,900,000 asking price for this 26,182 SF industrial warehouse.; NNN lease with a single tenant, expiring April 30, 2029 (5-year remaining term).; 100% occupancy with a current NOI of $236,370.
More about this property
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