Presenting a prime industrial investment opportunity to acquire a 24,615 square foot distribution warehouse with climate-controlled storage in the fast growing city of Englewood, FL. This opportunity is available as a Sale/Leaseback offering investors a secure, ten-year income with a 7.5% CAP Rate. This property is prominently featured with 262’ feet of linear frontage on South McCall Road, providing excellent frontage, signage and visibility.
The building underwent extensive renovations in 2023, including all new exterior siding, interior drywall, a new roof, new impact windows and updated electric. This spacious distribution warehouse features 1,800 square feet of air-conditioned office space and the remaining 22,815 square feet is warehouse and cold storage space. The office area consists of three private offices, a lobby area, open workspace, and two restrooms. The warehouse includes approximately 10,049 square feet of open storage space and 12,766 square feet of climate controlled cooler space.
Highlights:
• Single Tenant
• 24,615 Square Foot Building
• Ten Year – NNN Lease
• CAP Rate 7.5%
• Leaseback by Strong Tenant
• Well Maintained Property
• Extensive Building Improvements 2023
This opportunity combines the benefits of passive income, tenant stability, and a favorable CAP rate in a supply constrained market. Ideal for investors seeking a solid return with minimal Landlord responsibilities.