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  • MLS#: O6397353 ( Commercial Sale )
  • Street Address: 10235 General Drive 8
  • Viewed: 2
  • Price: $1,899,000
  • Price sqft: $224
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 8479
  • Days On Market: 4
  • Additional Information
  • Geolocation: 28.4172 / -81.3866
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32824
  • Subdivision: Parkway Distibution Center Con
  • Provided by: AG REALTY SERVICES LLC
  • Contact: Armando Gonzalez
  • 407-374-7295
  • mfrmls
  • DMCA Notice
  • Description
    Prime opportunity to acquire a functional industrial warehouse condo in the highly desirable Airport submarket of Orlandoideal for both investors seeking in place income and owner users planning for future occupancy. This 8,479 SF asset (646 SF office / 7,786 SF warehouse) is currently leased to a national telecommunications infrastructure contractor through September 17, 2026, providing stable cash flow during the near term. The tenant has an established presence at the property, and there is a strong possibility of renewal, while the lease term also offers clear timing for an owner user to plan occupancy. The property is currently leased at $11.55/SF, representing a significant discount to market rents ($15$18/SF), creating a compelling mark to market opportunity for investors or the ability for an owner user to acquire at a basis supported by below market income. Constructed of concrete block, the building offers 1617 ft clear height, two dock high doors (including one with lift), and a secured fenced/gated configuration, making it highly functional for logistics, distribution, or service based operations. The office buildout includes a reception area, two private offices, and dual restrooms. Strategically located with immediate access to Florida Turnpike, SR 528 (Beachline Expressway), and SR 417 (Central Florida GreeneWay), and minutes from Orlando International Airport, the property sits within one of Central Floridas most active industrial corridors. This asset provides immediate return with embedded upside, while also presenting a rare opportunity for an owner user to secure a well located facility with near term occupancy optionality.
Features
Home Owners Association Fee
  1. 0.00
Association Phone
  1. 888-336-0606
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Office Only
Country
  1. US
Covered Spaces
  1. 0.00
Electric
  1. 150 Amp Service
  2. Three Phase
Flooring
  1. Ceramic Tile
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Legal Description
  1. PARKWAY DISTIBUTION CENTER PHASE 2 CONDOCB 13/45 UNIT 8
Levels
  1. One
Living Area
  1. 646.00
Lot Features
  1. Corner Lot
  2. Industrial Park
  3. Oversized Lot
Area Major
  1. 32824 - Orlando/Taft / Meadow woods
Net Operating Income
  1. 98949.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 11-24-29-6712-00-080
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. County Road
Roof
  1. Membrane
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Township
  1. 24
Utilities
  1. Phone Available
  2. Public
  3. Underground Utilities
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6397353
Water Source
  1. Public
Year Built
  1. 1986
Zoning Code
  1. IND-4