4597 NW Highway 70, Arcadia, FL 34266 is a ±3.5 acre corner lot industrial property offering a rare combination of in place income, significant value add upside, and irreplaceable highway frontage in DeSoto County's growing industrial corridor.? The site features two free standing buildings totaling ±11,920 SF.? Building 1 is a ±8,640 SF concrete block warehouse with a metal roof, configured as a 12 unit multi tenant flex strip with ten 10' overhead doors; the building is currently leased to eight tenants, with a single tenant occupying Units 7 through 11.? Building 2 is a ±3,280 SF stand alone shop measuring 80' × 36' with three overhead doors and 20' ceiling heights, fully leased to one tenant at $2,600 per month.? Income is further supplemented by a long standing billboard easement that generates $3,600 per year, with 15 years remaining on the lease term.?
With the exception of the billboard, Building 2, and Unit 4 in Building 1, all tenants currently operate on month to month agreements with rents materially below market, providing an incoming investor with the ability to mark rents to market on a rolling basis without the burden of long term holdover leases.? Combined with ±50% of the site remaining as unimproved land available for expansion, additional outdoor storage, or new building pads, 4597 NW Highway 70 represents a stabilized cash flowing asset with a clear near term path to NOI growth and long term development optionality on one of South Florida's primary east west commercial arteries.?