659 Hickman Cir - Warehouse FOR SALE


Sanford, FL 32771
$1,862,400 USD
720-731-8350
659 Hickman Cir, Sanford, FL for Sale
$1,862,400 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

659 Hickman Cir
Sanford, FL 32771


HIGHLIGHTS

  • Stable, In-Place Income via National Corporate Guarantor
  • Passive NNN Income
  • Industrial Zoned Property (M-1) 
  • Future upside through mark-to-market rent adjustment
  • Excellent Location - 0.9 miles to I-4 & 2.1 miles to I-4/SR-429

OVERVIEW

Capital Placement Partners is pleased to present the opportunity to acquire a high-quality flex building facility leased to Full-Tilt Contracting (Guarantor: LITHKO Contracting), the 2nd-largest industrial concrete contractor in the U.S. This 100% occupied asset provides passive income, secured by a NNN lease at below-market rent, providing stable cash flow with embedded value-add upside. Purpose-built in 2017 as a build-to-suit for the tenant, the Property sits on 1.19 acres of industrial-zoned (M-1) land in the Orlando MSA, offering a rare combination of security, upside, and a prime location. Investment Highlights: • Stable, In-Place Income via National Corporate Guarantor • Passive NNN Income • Industrial Zoned Property (M-1) • Future upside through mark-to-market rent adjustment • Excellent Location - 0.9 miles to I-4 & 2.1 miles to I-4/SR-429 Interchange *A non-disclosure agreement will be required to review tenant lease details and to receive the full investment offering memorandum. Contact Thevin Campton to request.

FOR SALE DETAILS

PRICE

$1,862,400 USD

PRICE/SF

$271 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Full-Tilt Contracting Flex Facility

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19

LAND SF

51,836

ZONING

M-1 (Industrial)

APN/PARCEL ID

20-19-30-5FL-0B00-0100

ASK ABOUT THIS PROPERTY

Thevin Campton, CCIMCapital Placement Partners, LLCMore Info
720-731-8350

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Thevin Campton, CCIMCapital Placement Partners, LLCMore Info
720-731-8350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.