Skip to main content

Warehouse

3545 Recker Hwy

3545 Recker Hwy, Winter Haven, FL 33880

Listing Price: $2,500,000

Cap Rate
2.20%
Gross SF
18,840
Price/Gross SF
$132.70
Lot Size
0.98 acres
Year Built
1965
Rentable SF
18,840

Investment Overview

Marcus & Millichap is excited to present for sale 3545 Recker Hwy, situated in Winter Haven, FL. This property encompasses 28 standard industrial and storage units, and has three retail storefronts. Constructed in 1986, the facility spans 18,840 net rentable square feet and features an occupancy rate of 68 percent. Nestled on 0.98 acres, 3545 Recker Hwy provides a multitude of bay sizes ranging from 50 to 990 square feet, with most unit sizes being 100 square feet.

Conveniently located at 3545 Recker Highway, this facility resides in the rapidly expanding Winter Haven market, approximately 12 miles east of Lakeland, and only four miles south of Auburndale. This presents a remarkable opportunity for investors to acquire a well-established industrial asset with the potential for further growth through continued rental rate increases and lease-up.

Investment Highlights

  • Rare Investment Opportunity: Located in a market that has limited available inventory, limited vacancy and strong demand for commercial storage
  • Below Replacement Cost: Priced to sell, well-below replacement cost
  • Strategic Location: Less than four miles south of Auburndale and 12 miles east of Lakeland
  • Value-Add Opportunity: 68-percent occupied, with the ability to lease up and continue to push rents

Exclusively Listed By

Warehouse

3545 Recker Hwy

Listing Price: $2,500,000

Cap Rate
2.20%
Gross SF
18,840
Price/Gross SF
$132.70
Lot Size
0.98 acres
Year Built
1965
Rentable SF
18,840

Investment Highlights

  • Rare Investment Opportunity: Located in a market that has limited available inventory, limited vacancy and strong demand for commercial storage
  • Below Replacement Cost: Priced to sell, well-below replacement cost
  • Strategic Location: Less than four miles south of Auburndale and 12 miles east of Lakeland
  • Value-Add Opportunity: 68-percent occupied, with the ability to lease up and continue to push rents

Investment Overview

Marcus & Millichap is excited to present for sale 3545 Recker Hwy, situated in Winter Haven, FL. This property encompasses 28 standard industrial and storage units, and has three retail storefronts. Constructed in 1986, the facility spans 18,840 net rentable square feet and features an occupancy rate of 68 percent. Nestled on 0.98 acres, 3545 Recker Hwy provides a multitude of bay sizes ranging from 50 to 990 square feet, with most unit sizes being 100 square feet. Conveniently located at 3545 Recker Highway, this facility resides in the rapidly expanding Winter Haven market, approximately 12 miles east of Lakeland, and only four miles south of Auburndale. This presents a remarkable opportunity for investors to acquire a well-established industrial asset with the potential for further growth through continued rental rate increases and lease-up.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower