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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2023
Sq.Footage
75,000
Income!! Income!! Small Bay/Flex Warehouses!! 6% CAP Rate currently with potential for 8% with rent upside. The property is 100% Leased with outstanding cash flow and located in the heart of The Villages growth path. This property, known as “The VIP Garage” and was built in 2023 and consists of 5 buildings - 30 units of small bay flex/warehouse - each unit is 2,500 Sq. Ft.. The property is fully fenced with a security gate and video surveillance. Situated in Wildwood, Florida (The Villages growth area) and sitting almost directly across from Brownwood, The Villages 3rd Town Center and within 1 mile of I-75 and less than a ½ mile from the Florida Turnpike. This is a rare opportunity to purchase an investment property this large with as much cash flow in or around the fastest growing area in the United States. Each unit has two (2) grade level doors that are 12 ’x 14’ along with a 9 ’x 15’ office, handicap accessible bathroom and every unit has an A/C Unit. Great location, great property, great income opportunity!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Metal Siding
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
5.72
-
Property Type
Commercial Sale
-
Property Sub Type
Warehouse
Price
-
Sales Price
$12,750,000
-
Tax Amount
$59,634.09
-
Sq. Footage
75, 000
-
Price/SqFt
$170
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Corporation
-
Tax Lot
0
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Location
County
Sumter
Elementary School
Middle School
High School
Listing Courtesy of Daniel Tatro , GRIZZARD COMMERCIAL REALESTATE
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
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