WP Minnesota-Nicolet Warehouses FOR SALE


Winter Park, FL - Fairview
$4,000,000 USD
407-929-3598
, Winter Park, FL for Sale
$4,000,000 USD
FOR SALE
1/10
null | 7.33% Cap Rate

WP Minnesota-Nicolet Warehouses
Winter Park, FL
Fairview


OVERVIEW

CITY Commercial is pleased to present a rare opportunity to acquire two fully leased industrial/flex properties located in Winter Park, FL. These well-positioned assets feature a diverse tenant mix, strong value-add potential, and the benefits of operating in a high-demand market. With stable cash flows, ongoing redevelopment activity in the area, and favorable zoning, this offering presents an attractive investment with both immediate income growth and long-term redevelopment upside. The portfolio comprises ±12,850 square feet of multi-tenant industrial/flex space spanning 1.41 acres, offering an ideal combination of income stability, future growth, and redevelopment potential. Situated between Fairbanks & Minnesota, an area with historically low vacancy and strong rental rates. This offering presents an exceptional chance to invest in a high-performing, fully leased industrial portfolio in one of Central Florida’s most competitive submarkets. 833 NICOLET: • Three industrial/flex warehouses accommodating 14 diverse and stable tenants. • 100% occupancy with room for value-added strategies to increase NOI. • .93-acre, fully-paved lot ideal for clients and service vehicles 817 NICOLET: • .48-acre land lease to a well-established landscaping contractor with 400 employees. • Long-term stability with a pr oven in-place tenant. Value-Add Potential & NOI Growth: • Short-term lease structures allow for quicker rent adjustments in response to market demand. • Opportunity to convert leases to NNN, passing through CAM expenses to tenants. • Implementation of a management fee can further enhance net operating income when transitioning to NNN leases.

ASK ABOUT THIS PROPERTY

Lee Zerivitz, SIOR, CCIMCITY CommercialMore Info
407-929-3598

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

Lee Zerivitz, SIOR, CCIMCITY CommercialMore Info
407-929-3598

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