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800 Armstrong Blvd
Kissimmee, FL 34741 Gateway

$4,864,755 USD

Warehouse For Sale  •  8,000 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 16,000 SF
  • Lot Size 2.02 AC
  • Building Class C
  • Year Built 1991
  • Cap Rate 5.75 %
  • Tenancy Single
  • Zoning IB, Kissimmee
32 Transit Score
45 Walk Score

Highlights

Lease includes a corporate guarantee from the Hajoca Corporation, the parent company of Gorman.
This newly constructed warehouse is leased at a highly competitive $17.48 per SF — well below market averages
Lease offers limited landlord responsibilities and includes 3.25% annual increases as well as fair market rent clauses at the renewal options
Hajoca's footprint has doubled at this location to help meet current demand and support future sales growth out of this facility
Being the only Hajoca branch in the Southern portion of the Orlando MSA, this branch has a large service radius and is a highly profitable branch
Facility is strategically positioned near the Kissimmee Gateway Airport and is easily accessible to both U.S. Route 192 and U.S. 17
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Hajoca 16,000 SF 6/30/2035

Amenities

  • Fenced Lot

Public Transportation

Commuter RailDriveWalkDistance
Kissimmee Amtrak Station (Silver Meteor - Amtrak, Silver Star - Amtrak, SunRail - Amtrak) 6 min - 2.9 mi
Poinciana (SunRail - Florida Department of Transportation) 11 min - 6.3 mi
AirportDriveWalkDistance
Orlando International 30 min - 19.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Stratton Greig 512-910-2665 Sands Investment Group Austin, LLC
Stratton Greig 512-910-2665 Sands Investment Group Austin, LLC