Asking Price
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1981
Building Area
Land Area ()

Property Description

302 Progress Road is a 58,918 square foot industrial cold storage warehouse that is immediately available for sale or for lease. The property is located at 302 Progress Road, Auburndale (Polk County), FL 33823, on the I-4 Corridor midway between Orlando and Tampa. Current ownership recently spent nearly $1 million in capital upgrades; replacing and upgrading the refrigerator system ($710,000 - 2018) and installing a brand new roof with a 20 year warranty ($275,000 - 2019).


The building features 16'-25' clear ceiling heights, and is serviced by ten (10) dock wells with climate-controlled loading (front and rear load) and two (2) access ramps. It is powered by 2,000 amps (120/280 volts) & 1,200 amps (120/208 volts). Furthermore, this rare cold storage facility features 8,928 square feet of office space, a fire sprinkler system, and an adjacent fenced lot for outside storage and additional parking.

Investment Highlights

  • For Sale or For Lease
  • Industrial cold storage
  • Booming central Florida location
  • Immediate access to I-4 corridor
  • Nearly $1million in recent capital upgrades
Last Updated Date: 13 Apr 2021
Luis Castillo
Luis Castillo
Managing Director, Capital markets
License details
SL3203377
Max La Cava
Max La Cava
Associate, Capital Markets

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Last Updated Date: 13 Apr 2021

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