SQUARE FEET8,479
MLS#O6397353
STATUSActive
PROPERTY TYPECommercial - Warehouse
SUBDIVISIONPARKWAY DISTIBUTION CENTER CONDO
Property Description
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 September 17, 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 16-17 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.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 Features
Property Type: Commercial - Warehouse
Cooling: Office Only
Heating: Central
Lot Size: 0.45 Acres
Roof Type: Membrane
Stories: 1.0
Taxes: $12,598
Year Built: 1986
Feature Descriptions
Building: Bathrooms, Fencing, Loading Dock
Community Features: Curbs
Condo Fee: $1861/ Monthly
Directions: Driving South on Orange Ave take a right at West Taft Vineland Blvd. Take a left on General Drive. Parkway Distribution is on your left.
Exterior: Block
Flood Zone Code: AE
Flooring: Ceramic Tile
Foundation: Slab, Stem Wall
Garage Door Height: 12
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing, Owner Financing, Private Financing Available
Lot: Corner Lot, Industrial Park, Oversized Lot
Lot Dimensions: 0.45
Number of Bays(Dock High): 2
Number of Offices: 2
Number of Restrooms: 2
Ownership: Condominium
Property Attached Y/N: No
Property Sub-Type: Warehouse
Sale Includes: Leases
Security: Secured Garage/Parking, Security Gate, Security Lights
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Units: 1
Utilities: Phone Available, Public, Underground Utilities
Water: Public
Water Access Y/N: No
Zoning: IND-4
Listed By / Shown By
Listed By
Agency Name: AG REALTY SERVICES LLC
Agency Contact: 407-374-7295
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
10235 General Drive, Unit 8 | MLS# O6397353
This commercial property located at 10235 General Drive, Unit 8, Orlando, FL 32824 is currently listed for sale with an asking price of $1,899,000. Search Orlando real estate on www.realtymark.net today.