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137 W Marion Avenue
Edgewater, FL 32132
11400 sq/ft
$1,100,000
MLS# 1054470 | ID: 56821896

Property Description

Comm-Land & Bldg Incl - Edgewater, FL The Boyce Industrial Complex is a 2.5 acre industrial park in Edgewater, Florida with 13,000 SF leasable space. The property performs consistently with very low vacancy rates and long-term tenants. Property was engineered for and has all infrastructure in place for 2 additional buildings totaling 14,000 SF (drawings available). Vacant areas currently leased for trailer, RV, and boat storage. Owner occupies 2,000 SF and will vacate when sold. All leases are 1 year leases. Upside opportunity on lease rates. Boyce Industrial complex is offered at an 8.2% CAP rate. Park is located in the industrial district of Edgewater. Edgewateris experiencing substantial economic growth. Meets all criteria for Opportunity Zone investment.

Property Features

Property Type Commercial
Year Built 1990
Sq. Feet 11400
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http://hnl.to/m/56821896