2350 S Us Highway 17 92, Longwood, FL 32750

$3,700,000

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List Price
$3,700,000
Status
Active
Days on Market
0
MLS#
O6431922
Property Style
Industrial
Year Built
2007
Lot Size
51,103
Acres
1.17
Total Acreage
1 to less than 2
Legal Subdivision Name
Kathryn Park
MLS Area Major
Longwood East

Property Description

Four-suite commercial property generating $238,491 NOI at 6.45% cap rate. 100% leased to established tenants with staggered expirations through 2028; anchor tenant (recreation) secured through 2030 with renewal options. All leases include NNN structure with CAM recovery and 3–4% annual escalations. Carlitos Tire recently extended through 8/31/28. Highway 17-92 frontage provides established commercial visibility. Masonry construction, 16,220 SF, 1.17 acres, 21 parking spaces. Built 2007. For experienced NNN investors and 1031 exchangers.

Additional Information

Taxes Annual
$25298
Location
Landscaped, Near Public Transit, Oversized Lot, Retention Areas, Sidewalk, Street Lights
Community Features
No Deed Restriction
Property Description
One Story
Zoning
C-2
Floor
Epoxy, Laminate, Tile
Utilities
BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Metal Siding
Foundation
Slab
Pool
No Pool
Garage Features
Ground Level, Lighted, Public Parking
Flood Zone Code
X
Parcel ID
05-21-30-517-2700-0070
Legal Description
LOTS 7 TO 10 + 28 TO 31 BLK 27 KATHRYN PARK PB 5 PG 66

Listing courtesy of HOMEVEST REALTY. 407-897-5400

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Calculator source: Real Geeks

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