Property Listing No Longer Available for Sale

2499 Old Lake Mary Road, Sanford, FL

Industrial for Sale - $2,600,000 - 31,970 Sq. Ft.


Property Info

CIMLS#1031018
Location
  2499 Old Lake Mary Road
  Sanford FL 32771
UpdatedMay 7th, 2019
TypeIndustrial
Price$2,600,000
Building31,970 Sq. Ft.

Property Description

Sanford Commerce Park for sale. 7.1% CAP rate. SCP has 31,970 sf of high demand flex space. Park consistently maintains 90%+ occupancy. Most leases are 2-4 years. Average current rent of $7.71 (mg) is 20% below market average rent of $9.98 (mg). 18 units @ 1,250 sf, 2 units @ 1,635 sf, 2 units @ 3,100 sf


Financials



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