8,750 SF Multi-Tenant Warehouse Sale – 100% Leased
8,750 SF Multi-tenant warehouse space, 5 Units, Six 12′ roll-up bay doors, 14′ clear span ceiling height. South side of building has a 1270 SF cantilevered canopy that is integral to the steel building. 10,000 SF outdoor storage yard, Liberal CC-1 Zoning in the City of Holly Hill permits many uses.
Currently 100% leased with short term leases, mature stable tenants. Detailed financials available. $29,400 Current NOI, 10.5% IRR (Cash on Cash). For investment property, extend/renew the leases, for a user/buyer, use the portion you need, and move tenants around/out to meet your needs.
Carswell Ave is a commercial corridor running one block west of, and parallel to US HWY 1. It is a mature industrial and warehouse section, with a solid mix of complementary businesses. Carswell has low vacancy rates, and a stable tenant mix. The property is just 0.3 miles North of Mason Ave, 1.7m to International Speedway Boulevard, and 5.2m to I-95(via LPGA interchange)
