3200 Mercy Drive

3200 Mercy Drive Orlando, FL 32808

  • 146,566 Square Feet
  • Industrial
  • For Sale

Summary Description

Colliers has been retained on an exclusive basis to offer for sale 3200 Mercy Drive, a ±146,566 square foot distribution center located in a primary position within the Northwest Orange County Submarket of Orlando. This asset is 100% leased to Veritiv, a Fortune 500 company, for 5 years on a recently renewed lease. The Property is surrounded by household name tenants giving credence to the location’s logistical capabilities for local and regional distribution. This highly functional building is optimal for distribution and includes excess land adding the potential for building expansion, additional parking, or outside storage. 3200 Mercy Drive features 24 dock-high loading doors with bumpers and pit levelers, T-5 motion sensor lighting, a 100% concrete truck court, and 114 auto spaces (0.78/1,000 parking ratio).

The Property’s highly desirable location within Central Florida’s “Center of Commerce” Industrial Park is in the Northwest Orange County Submarket, which completed 2017 with only 3.7% vacancy. Among a variety of uses this is the preferred area for companies related to the building supply and food and beverage distribution industries. Local corporate users include Coca-Cola, Winn Dixie, Florida Distributing, Lennox International, United Health Group, Goodman, and Saddle Creek. From this property, you can reach 6 Metropolitan Statistical Areas (MSA’s) and a total of 12.3 million people within a 5 hour drive.

3200 Mercy Drive offers investors the opportunity to invest in an institutional quality industrial asset in a prime Orlando location, that includes expansion potential, and that has over 25 years of occupancy history with a Fortune 500 tenant.

Property Status: For Sale

Building Size: 146566 Square Feet

Area Available: 146,566 Square Feet

Features:

  • IN-FILL LOCATION WITH EXPANSION OPPORTUNITY
  • STRONG DEMOGRAPHICS SUPPORTED BY A VIBRANT WORKING CLASS
  • STRONG MARKET FUNDAMENTALS
  • STRONG TENANCY
  • TRANSPORTATION AND LOGISTICS BOOSTED BY FIRST CLASS INFRASTRUCTURE
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