710 2nd Ave Okeechobee, FL 34972-2658

This exceptional 2.28-acre industrial property in Okeechobee, Florida, presents a compelling investment opportunity. Currently fully leased with a 6.9% cap rate, the property boasts a 15,428 square-foot building featuring both grade-level and dock-high loading. The existing tenant has a four-year lease remaining, followed by a five-year option with a 3% annual rent increase. Strategically located on the CSX Rail Line and US Hwy 441, this site offers unparalleled access to major transportation arteries, including Florida's Turnpike and I-95 (within 30 minutes). Its prime location in Okeechobee, a thriving hub for heavy industry and agriculture, provides easy access to West Palm Beach, Fort Lauderdale, Miami, and Orlando. The property's proximity to Lake Okeechobee and the Okeechobee Waterway further enhances its appeal. The industrial zoning allows for potential value-add opportunities through building renovation. The area's presence of several international companies underscores its strong industrial market. This is a rare chance to acquire a well-positioned, income-producing asset with significant long-term potential. The asking price is $1,300,000.