Office Warehouse

Sanford Commerce Park

2499 Old Lake Mary Rd, Sanford, FL 32771

Listing Price: $3,058,928

Cap Rate
7.00%
Gross SF
31,970
Price/Gross SF
$95.68
Lot Size
2.51 acres
Year Built
1983
Rentable SF
31,970

Investment Overview

The subject property is a 31,970 square foot flex building comprised of office/warehouse space located off H.E. Thomas Jr. Parkway, which has a traffic count of 27,000 vehicles daily.

It is one block from FL-417 Expressway ramp, which benefits from 49,800 vehicles daily and 2.4 miles to Central Florida Regional Hospital, a 221-bed acute care hospital and Level II Trauma Center.

Investment Highlights

  • 31,970 SF Flex Building Comprised of Office/Warehouse Space
  • 96.09% Current Occupancy | 20 Tenants
  • Built in 1983 | Situated on 2.51 Acres
  • Hedge Against Inflation | Majority of Tenants Have 5% Annual Rent Increases
  • New Roof (Roughly $100K Expense) Installed in 2020

Exclusively Listed By

Office Warehouse

Sanford Commerce Park

Listing Price: $3,058,928

Cap Rate
7.00%
Gross SF
31,970
Price/Gross SF
$95.68
Lot Size
2.51 acres
Year Built
1983
Rentable SF
31,970

Investment Highlights

  • 31,970 SF Flex Building Comprised of Office/Warehouse Space
  • 96.09% Current Occupancy | 20 Tenants
  • Built in 1983 | Situated on 2.51 Acres
  • Hedge Against Inflation | Majority of Tenants Have 5% Annual Rent Increases
  • New Roof (Roughly $100K Expense) Installed in 2020

Investment Overview

The subject property is a 31,970 square foot flex building comprised of office/warehouse space located off H.E. Thomas Jr. Parkway, which has a traffic count of 27,000 vehicles daily.

It is one block from FL-417 Expressway ramp, which benefits from 49,800 vehicles daily and 2.4 miles to Central Florida Regional Hospital, a 221-bed acute care hospital and Level II Trauma Center.

Exclusively Listed By

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