For Sale
$350,000

1521 12Th AveOcala, FL 34471

Class A Warehouse, Net Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A warehouse, located at 1521 SW 12th Avenue, Building 600, Ocala, FL 34471, presents a compelling investment opportunity. The 2,100 square foot property boasts a strong net lease with a current tenant occupying 100% of the space. The lease, structured as a triple net (NNN) agreement, runs until June 30, 2025, offering a remaining lease term of approximately 0.6 years. The property features 475 square feet of office space, including two offices, a bathroom, kitchenette, storage closet, and additional open areas. A 475 square foot mezzanine level provides extra storage or workspace. The warehouse area features high ceilings and a large ground-level roll-up door, ideal for various industrial uses. The property sits on a 0.01-acre lot and is zoned M-1, allowing for a range of permitted uses. With a current net operating income (NOI) of $29,400 and an asking price of $350,000, this investment offers an attractive 8.40% cap rate. Its convenient location near major roadways, including SW 17th Street, Highway 200, and other key arteries, ensures excellent accessibility and visibility. The property's strong tenant occupancy and favorable lease terms make it an ideal addition to any investment portfolio. The APN is 23688-600-00.

Highlights

  • $350,000 asking price for a Class A, 2,100 SF warehouse in Ocala, FL.
  • Net lease investment with an 8.40% cap rate and $29,400 NOI.
  • 100% occupancy with a one-year lease expiring June 30, 2025.
  • Located at 1521 SW 12th Avenue, Building 600, Ocala, FL 34471.
  • Features 475 SF of office space, high ceilings, and a roll-up door.

Property Details for 1521 12Th Ave

Property type
Warehouses, Industrial properties
Square Feet
2,100 SF
Class
A
Lot Size (sq. ft)
436 SF

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.1736052
Longitude
-82.1481651
1521 12Th Ave, Ocala, Florida

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1521 12Th Ave
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