This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Message

939 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Traffic Control Devices 648 Gadson St 6,100 SF Industrial Building Groveland, FL 34736 $1,990,000 ($326.23/SF) 6.50% Cap Rate

INVESTMENT HIGHLIGHTS

  • Industry Leading Operator with Strong Parent Company
  • Strategic Location within Orlando MSA with Strong Demographics
  • Recession-Proof Tenant
  • Recent Lease Extension | Mission Critical Location
  • Long-Term Net Lease with Annual Rent Increases
  • IOS Functionality within Orlando MSA

EXECUTIVE SUMMARY

Northmarq is pleased to offer qualified investors the opportunity to acquire an Industrial Outdoor Storage (IOS) property in Groveland, FL within the Orlando MSA. The Property is leased to Traffic Control Devices (TCD), a leading provider of traffic management solutions. TCD is a subsidiary of Asplundh Tree Expert, a company with S&P BB+ credit and $5.7 billion in annual revenue for 2024. The property is backed by a long-term net lease with 3% annual rent escalations. Strategically located within the Orlando MSA, it offers excellent access to major highways such as State Route 50 and State Road 33.
In Association With Jason Long, FL Lic #BK3302956

PROPERTY FACTS

Price $1,990,000
Price Per SF $326.23
Sale Type Investment
Cap Rate 6.50%
Property Type Industrial
Property Subtype
Distribution
  • Flex Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Lot Size 1.59 AC
Rentable Building Area 6,100 SF
No. Stories 1
Year Built 2021
Tenancy Single
Parking Ratio 2.62/1,000 SF
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 2
Zoning M-1 - Allows for light industrial activities like manufacturing, packaging, and distribution.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-22-25-1600-000-00600
Land Assessment
$131,112
Improvements Assessment
$477,502
Total Assessment
$608,614
  • Listing ID: 36247712

  • Date on Market: 6/13/2025

  • Last Updated:

  • Address: 648 Gadson St, Groveland, FL 34736

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}