Active
1731 Fern Palm Drive
Edgewater FL, 32132
$6,088,000
$177.49 per sqft
Active
34,300 sqft
Commercial
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 gross. This MLS listing is being sold with MLS listing #1203795
1203947
MLSⓇ ID
September 16, 2024
Listed
November 22, 2024
Updated
Map
1731 Fern Palm Drive
Edgewater FL, 32132
Other Property Details
Area Name
80 - Edgewater
Taxes
$10,516
Tax Frequency
Annually
Days on Market
57
Garage
No
Parking
Parking Lot
View
No
County
Volusia
Pool
No
Courtesy of Coldwell Banker Commercial Benchmark, Holly Booth,
Listing Contact:
Information is deemed reliable but not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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