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WINTER HAVEN WAREHOUSE STORAGE FACILITY 3408 Avenue W NW 10,250 SF 90% Leased Industrial Building Winter Haven, FL 33881 $1,199,000 ($116.98/SF) 8.43% Cap Rate
Investment Highlights
- 10,250 RSF Warehouse/Mini-Storage Facility | Fully Leased with Additional Shed Available to Rent for Increased Revenue | 0.52 Acre Lot
- Provides Secure and Convenient Storage (Fully Fenced Lot with 24/7 Access)
- Low Average Rent of $11.91/SF
- 12 Tenants Occupying an Average of 854 SF | Hedges Risk Against Large Vacancies and Easier to Re-Lease
- Tight Submarket with Less than 3% Vacancy Rate
- Priced Below Replacement Cost at $146/SF
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,199,000 | Lot Size | 0.52 AC |
| Price Per SF | $116.98 | Rentable Building Area | 10,250 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.43% | Year Built | 1970 |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 13 |
| Building Class | C | Cross Streets | Avenue W NW |
| Zoning | Use Code 4820 - Storage, warehouse, distribution uses. Polk County governing municipality. | ||
| Price | $1,199,000 |
| Price Per SF | $116.98 |
| Sale Type | Investment |
| Cap Rate | 8.43% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.52 AC |
| Rentable Building Area | 10,250 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 13 |
| Cross Streets | Avenue W NW |
| Zoning | Use Code 4820 - Storage, warehouse, distribution uses. Polk County governing municipality. |
Amenities
- 24 Hour Access
- Fenced Lot
- Skylights
- Fluorescent Lighting
Utilities
- Lighting - Fluorescent
- Water - City
- Sewer - Septic Field
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
For Rent is a warehouse space with electricity. On site bathroom is located within premises as well. Property is within a fenced in lot. Ideal for car dealers, storage space, distributors, liquidations, inventory, or anyone who needs a small space either for compliance or to run their business out of. Only 2 spaces available. Inquire while still available.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 700-1,000 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 700-1,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 700-1,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
For Rent is a warehouse space with electricity. On site bathroom is located within premises as well. Property is within a fenced in lot. Ideal for car dealers, storage space, distributors, liquidations, inventory, or anyone who needs a small space either for compliance or to run their business out of. Only 2 spaces available. Inquire while still available.
Property Taxes
| Parcel Number | 25-28-13-342500-007603 | Improvements Assessment | $93,063 |
| Land Assessment | $15,879 | Total Assessment | $108,942 |
Property Taxes
