10235 GENERAL DRIVE UNIT 8

$1,599,000

$2475/sq ft

$200,000
Price Decreased

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Overview

Year Built

1986

Sqft

646

Property Type

Warehouse

Property Description

Under contract-accepting backup offers. Prime opportunity to acquire a functional industrial warehouse condo in the highly desirable Airport submarket of Orlando—ideal for both investors seeking in-place income and owner-users planning for future occupancy. This 8,479 SF asset (±646 SF office / ±7,786 SF warehouse) is currently leased to a national telecommunications infrastructure contractor through October 31,2026, providing stable cash flow during the near term. The tenant has an established presence at the property, and there is a strong possibility of renewal, while the lease term also offers clear timing for an owner-user to plan occupancy. The property is currently leased at $11.55/SF, representing a significant discount to market rents ($15–$18/SF), creating a compelling mark-to-market opportunity for investors or the ability for an owner-user to acquire at a basis supported by below-market income. Constructed of concrete block, the building offers 17 ft clear height, two dock-high doors (including one with lift), and a secured fenced/gated configuration, making it highly functional for logistics, distribution, or service-based operations. The office buildout includes a reception area, two private offices, and dual restrooms. The warehouse has phase 3 and three switches with up to 200 amps and 240 volts each Strategically located with immediate access to Florida Turnpike, SR 528 (Beachline Expressway), and SR 417 (Central Florida GreeneWay), and minutes from Orlando International Airport, the property sits within one of Central Florida’s most active industrial corridors. This asset provides immediate return with embedded upside, while also presenting a rare opportunity for an owner-user to secure a well-located facility with near-term occupancy optionality.

Property Details

MLS#

O6397353

Total Floor in Bldg

1

Address

10235 GENERAL

City

Orlando

State/county

FL

Zip/Postal Code

32824

Area

Parkway Distibution Center Condo Ph 02

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,598

Maint Fee

$--

Tax Year

2025

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Boris Gelfand