Edgewater Light Industrial Package

For Sale

1731 Fern Palm Dr, Edgewater, FL 32132

This Edgewater property for sale is located at 1731 Fern Palm Dr. The current listed sale price for Edgewater Light Industrial Package is $6,088,000. Edgewater Light Industrial Package is situated on a lot that is 3.15 acre in size.

Contacts

broker
Holly Booth

Coldwell Banker Commercial Benchmark

broker
Kayden Schaper

Coldwell Banker Commercial Benchmark

broker
Bob Rand

Coldwell Banker Commercial Benchmark

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Lot Size 3.15 Acre
  • Additional Rent Contact for pricing
  • Year Built 2007
  • Date Updated Dec 21, 2024
The 2-property portfolio totals 34,300 SF of small bay light industrial space located in the Parktowne Industrial Complex. Units range from 1,500 - 2,400 SF. Included is MLS #1203795 at 407 Timaquan Traill with 2 buildings totaling 20,800 SF. Ceiling height is 19 FT to the eave. Roof recently coated and carries a 10-year warranty. Parking lot is 6'' thick concrete. MLS#1203947 at 1731 Fern Palm Dr., located 3 miles from Timaquan Trail, is 3 buildings totaling 13,500 SF. Ceiling heights range from 12 FT to 18 FT Both properties are immaculately maintained with no deferred maintenance. Owner expenses for the properties for the trailing 12 months is $1.81/sf. Both properties are fully leased on month-to- month leases with mostly long- term tenants. Leases are structured as modified gross leases with tenant only paying for electric. Units are metered separately for power. Water is not metered separately. Average lease rate across both properties is $10.97/SF/Yr modified gros
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Highlights

  • Both properties are located in Edgewater, Florida. Within Industrial Parks and excellent growing area near Florida's Space Coast.
  • Age: 11-20 Years Old
  • Great Investment Opportunity
  • Two Multi Unit Industrial Locations
  • Well Maintained Buildings

Getting around

  • 53/100

    Walk Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Edgewater, FL
  • Neighborhood Edgewater
  • Zip Code 32132
  • Market North Central Florida

Points of Interest

  • Shell

    2.38 miles

  • Murphy USA

    4.73 miles

  • Circle K

    4.88 miles

  • Chevron

    6.10 miles

  • RaceTrac

    6.26 miles

  • BP

    6.32 miles

  • Salty Dog Car Wash

    2.41 miles

  • Sporty's Car Wash

    4.65 miles

  • Subway

    0.32 miles

  • China Wok

    0.32 miles

  • Royal Sushi Grill & Thai

    0.32 miles

  • Domino's

    0.33 miles

  • Chick-fil-A

    0.39 miles

  • Dunkin'

    0.40 miles

  • Hungry Howie's

    1.28 miles

  • Filippo's Pizza

    1.34 miles

  • JC's Riptides

    1.43 miles

  • 30 Street Station

    1.85 miles

In-Depth Research Available for this Property

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