407 Timaquan Trail Edgewater, FL 32132
Industrial
MLS #: 1203795
Courtesy Of Coldwell Banker Commercial Benchmark
Property InformationDescription
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.
Features
- Age: 11-20 Years Old
- Amenities: Dock
- Architecture Style: Other
- Legal Description: LOTS 254 & 255 E 1/2 VAC EVERGREEN DR ADJ BLK 10 & LOTS 31 5 TO 318 & 383 TO 388 & W 1/2 OF VAC EVERGREEN ADJ BLK 13 FLORIDA SHORES NO 1 MB 19 PG 209 PER OR 4618 PGS 2164-2165
- MLSID: 1203795
MAP & DIRECTIONS
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