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10 + 14 Illiana Street
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PRICED AT ONLY: $2,995,000

Address: 10 + 14 Illiana Street, ORLANDO, FL 32806

Description

Rare opportunity to acquire a two building industrial asset totaling approximately 11,171 SF across two contiguous parcels in the heart of Orlandos highly sought after SoDo district. The property is fully leased to a long term tenant operating as Rockpit Brewing, a well established local brewery and taproom that has occupied the space since 2019. Current rent is $11,655/month on a modified gross lease through December 2026. The tenant has invested more than $150,000 in brewery specific improvements, including a custom walk in industrial freezer and on site production infrastructure, creating long term occupancy stability and a high likelihood of renewal. The property features a new roof and HVAC system (installed within the past year). Zoned ORL AC 2/SP, the site supports a wide range of commercial and industrial uses. Located minutes from Downtown Orlando and the Orlando Health medical campus, the property benefits from strong area demographics, consistent foot traffic, and continued submarket rent growth.

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More Like This
  • MLS#: O6361764 ( Commercial Sale )
  • Street Address: 10 + 14 Illiana Street
  • Viewed: 1
  • Price: $2,995,000
  • Price sqft: $268
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 11171
  • Days On Market: 1

Description

Rare opportunity to acquire a two building industrial asset totaling approximately 11,171 SF across two contiguous parcels in the heart of Orlandos highly sought after SoDo district. The property is fully leased to a long term tenant operating as Rockpit Brewing, a well established local brewery and taproom that has occupied the space since 2019. Current rent is $11,655/month on a modified gross lease through December 2026. The tenant has invested more than $150,000 in brewery specific improvements, including a custom walk in industrial freezer and on site production infrastructure, creating long term occupancy stability and a high likelihood of renewal. The property features a new roof and HVAC system (installed within the past year). Zoned ORL AC 2/SP, the site supports a wide range of commercial and industrial uses. Located minutes from Downtown Orlando and the Orlando Health medical campus, the property benefits from strong area demographics, consistent foot traffic, and continued submarket rent growth.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 11171.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 13 to 18
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Phone Available, Public, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: GEORGE GREEMORES SUB G/79 LOT 3 (LESS E51 FT)
  • Area Major: 32806 - Orlando/Delaney Park/Crystal Lake
  • Occupant Type: Tenant
  • Parcel Number: 02-23-29-3156-00-031
  • Zoning Code: AC-2/SP
Nearby Subdivisions
Dixie Highlands Rep   George Greemores Sub   J N Bradshaws Sub   Michigan Ave Park   Schuman Hgts Add  
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