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6.9% CAP on Present Income - LM Warehouse

  SOLD January 2012 for $1,500,000

3801 S. Duncan Drive, Tavares, Florida 32778


Building Size23,470 Square Feet
Land Size15 Acres
ZoningLM
ParkingOnsite
WaterCity
SewerCity
ElectricDuke
Year Built2006
ConstructionBlock, clear span
RoofMetal
Lake IdamereDesignated seaplane lake

23,470 sq. ft. steel reinforced concrete block, clear span, waterfront, light manufacturing warehouse in America's Seaplane City. Fully leased to Progressive Aerodyne, creator and maker of the 2 seater SeaRey seaplane. Built in 2006, this was originally home to a custom pontoon boat maker. The current tenant has been here for 11 years and is very satisfied with the location and facility and has expressed a desire to stay long term with a new Landlord.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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