NNN Leased Warehouse, Longleaf Business Park
1750 Longleaf Boulevard, Lake Wales, Florida 33859
Sold: $560,000
Property Details
Property Type
Improved property
Building Type
Condo
Building Size
5,400 sqft
Sewer
City of Lake Wales
Water
City of Lake Wales
Zoning
Business Park
Electric
Available
Year Built
2006
Roof
Metal
Parking
9 Spaces
Construction
Block, stucco
Property Description
PRICE REDUCED, NOW 9.5% CAP! Built in 2006, the space includes 5,400 SF with approximately 1,500 SF of office and 2 bathrooms. The warehouse contains 2 overhead doors ground height and 9 parking spaces.
The property is currently leased to a national tenant. The lease is structured as a triple-net lease. Annual rent escalations are included. 3 years remain on the lease plus a 5 year option to renew. Many amenities in warehouse built by tenant. Neat, clean operation and NNN lease makes absentee management easy. Broker/Owner.