Prestige Properties
Prestige Properties
Email: [email protected]
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listing
1 of 24
Commercial
$2,100,000
115 Commerce Street
Lake Mary, FL 32746
Listed by: Exp Realty Llc, (407) 537-9901
MLS: Stellar MLS
12,000Sq Ft
Est. Mortgage
$10,940/mo

CURRENTLY AVAILABLE - Check out the 3D Walkthrough & Video Tour Links! - Alpha Equity is pleased to present 115 Commerce St, a 12,000 SF Multi-Tenant Industrial / Flex Investment Property at the very end of Lake Mary Commerce Park. The property is split 6000 SF per side. 115A is leased until 2026 with annual escalations & personal guarantee. 115B can be provided at closing with a 6 year personal guaranteed lease. Taking the property as strictly INVESTMENT would provide for a blended 7.13% cap rate and 5+ year weighted average remaining term. Alternatively, 115B can be provided VACANT with an owner occupant taking advantage of a long term income producing tenancy next door that covers more than 70% of the total carrying cost of the purchase. 115 Commerce is part a 3 building cul-de-sac, backing up to county owned retention between it and Skyline Dr. The stand alone building features 25’-23' clear ceiling height with four 12’6’ overhead doors & one 10’6” rollup door. In the heart of Lake Mary, less than half a mile from the Home Depot & Dunkin Donuts Plaza on Primera Blvd & Lake Mary Blvd, and less than two minutes from the new Top Golf on Lake Emma. Ideally situated with easy access to Lake Mary Blvd, Lake Emma & Ronald Reagan, 2 minutes from I-4, 5 minutes from SR-417 and adjacent to public transportation. Schedule your private tour today. 115B Also available for lease, see lease listing for pricing details.

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Listing provided by Exp Realty Llc
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