3012 NE 37TH PL Pending Save Request In-Person Tour Request Virtual Tour
Wildwood,FL 34785
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 9,848 sqft
Price per Sqft $162
MLS Listing ID G5081148
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 2010
Annual Tax Amount $5,937
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions irrg
Property Description
$$ Income Opportunity -7.5% CAP Rate - National Credit Tenant - 9,848+/- SF Industrial Bldg and property with 4 years left on the initial term of a 5-year NNN lease with an additional 4, five-year options. Annual base rent is $120,000. Parking lot was recently resealed and restriped. Building was built in 2010 with multiple grade level roll-ups doors, finished offices, security fencing and gates. Site is .83+/- acre or 36,155+/- SF corner lot located in the attractive "South Wildwood Industrial Park" in the Wildwood & The Villages area, which is just 5 minutes from Florida's Turnpike, I-75 and less than an hour to Orlando, Tampa or Ocala. Building and property are immaculate and well maintained inside and out. Tenant use is automotive garage / warehouse.
"Positioned at the apex of Central Florida’s economic triangle, Sumter County represents distribution hub advantages unique in Florida. Major transportation arteries include Interstate 75, Florida’s Turnpike, US Highway 301, and State Roads 44, 48 and 470. In addition, CSX rail bisects the county from north to south. This natural confluence of transportation arteries and our close affinity with two international airports and four major seaports make Sumter County a truly ideal location for distribution operations considering regional or national product distribution. And as a bonus, our inland location is less susceptible to hurricane damage while also being significantly less expensive than a location directly on the Gulf or Atlantic coasts." - Sumter County Economic Development Council . All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. DO NOT ENTER PROPERTY WITHOUT AN APPOINTMENT - Do not disturb tenants or enter property without listing agent.
Location
State FL
County Sumter
Zoning M-1
Interior
Cooling Office Only,Central Air
Exterior
Waterfront false
Roof Type Metal
Building
Lot Description Corner Lot
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Metal Frame,Metal Siding
New Construction false
Construction Status Financing,Inspections
Others
Ownership Corporation
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None