145 Ronning Way Longwood, FL 32750

Property Details for 145 Ronning Way

Year built

2014

Construction

CONCRETE BLOCKS

Lot size

2.02 lot acres

Property size

1,800 SF

Property type

Distribution centers

APN

06-21-30-300-0400-0000

APU

6213030004000000

Description

This exceptional Longwood, FL industrial investment property encompasses 22,774 square feet across five buildings situated on a generous 2.02-acre lot. The property currently generates substantial income from five separate tenants occupying the buildings. Two buildings, each measuring 3,000 square feet, command a monthly rental rate of $2,200 plus sales tax, while the remaining two 2,000-square-foot buildings rent for $1,500 per month plus sales tax. All units are individually metered, ensuring efficient utility management, with tenants responsible for their respective consumption. Currently, all tenants are on month-to-month leases, providing the new owner with significant flexibility. The existing rental rates offer immediate cash flow, with potential for increased revenue through lease renegotiations or by vacating tenants post-closing to allow for owner-occupancy. This presents a compelling opportunity for investors seeking a strong return on investment in a prime Longwood location. The property's size and configuration offer versatility for a variety of uses, making it an attractive proposition for both seasoned investors and those new to the commercial real estate market. The substantial lot size also provides ample space for future expansion or development. This is a rare opportunity to acquire a well-performing industrial property with significant upside potential.