800 Main St E
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800 Main St E
21,573 SF Industrial Building Immokalee, FL 34142 £2,453,701 (£114/SF) 5.62% Net Initial Yield
Investment Highlights
- Value-Add current lease is at below market rent with 2, 5-year options that renew at market rate.
Executive Summary
This industrial investment opportunity at 800 E Main St, Immokalee, FL, offers a solid, fully leased property with significant potential for value appreciation. Set in a prime location close to major transportation routes, this property benefits from Immokalee's growing infrastructure and reputation as a key agricultural hub. With a lease renewal approaching in 2027, there is an opportunity to adjust rents to current market rates, enhancing the asset’s future returns. This property is well-positioned for investors looking to capitalize on Immokalee’s expanding industrial landscape and its strategic access to Southwest Florida’s agricultural supply chains.
Property Facts
| Price | £2,453,701 | Rentable Building Area | 21,573 SF |
| Price Per SF | £114 | Number of Floors | 1 |
| Sale Type | Investment NNN | Year Built | 1966 |
| Net Initial Yield | 5.62% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.46/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 6 |
| Building Class | C | Level Access Doors | 9 |
| Lot Size | 1.17 AC | Opportunity Zone |
Yes
|
| Price | £2,453,701 |
| Price Per SF | £114 |
| Sale Type | Investment NNN |
| Net Initial Yield | 5.62% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.17 AC |
| Rentable Building Area | 21,573 SF |
| Number of Floors | 1 |
| Year Built | 1966 |
| Tenancy | Single |
| Parking Ratio | 0.46/1,000 SF |
| No. Dock-High Doors/Loading | 6 |
| Level Access Doors | 9 |
| Opportunity Zone |
Yes |
Amenities
- Fenced Lot
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £613,733 | |
| Land Assessment | £144,371 | Total Assessment | £758,104 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£144,371
Improvements Assessment
£613,733
Total Assessment
£758,104
zoning
| Zoning Code | I |
| I |
-
Power Broker Shawn Stoneburner -
Power Broker Gary Tasman -
Cushman & Wakefield |Commercial Property Southwest
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800 Main St E
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