Lincoln Property Co. Closes $1 Million Sale of 3-Building Industrial Campus in DeLeon Springs, West Volusia County , FL

Sean Dupree

DeLeon Springs , FL  – Lincoln Property Company recently completed the $1 Million sale of a three-building industrial campus on 7.8 acres located off of U.S. Highway 17/92 at 5797 Lake Winona Rd. in DeLeon Springs just north of DeLand.     

Sean DuPree, CCIM, broker at Lincoln Property Company, listed the property totaling 46,890 square feet, and negotiated the transaction representing the seller, Orlando-based developer Robert Rader c/o Kirkland Development.   

Temme Berkstresser d/b/a Berky Boats, purchased the property to use the largest building as a boat manufacturing facility which was the properties previous use. The 22,090 square foot building includes 2,250± square feet of office space.

The three buildings constructed in 1986 and 1987 have excellent manufacturing facility features including grade level and dock-high overhead doors, exhaust fans, excess land for additional storage which is rare to find.    
      

The two smaller buildings each containing 12,400 rentable square feet are leased to AMB Sales and Central Florida Car Haulers.  One includes 2,250± square feet of office space and the other is 100 percent warehouse. The buyer will keep both leases in place. 

Buyer saw potential in the property due to the property’s previous boat manufacturing use, excess land for growth and as a great investment due to the two tenants in place, strong industrial market fueled by low vacancy rates and new residential/retail in the West Volusia market, DuPree said. 

 Contacts:

Sean DuPree, CCIM, Broker, Lincoln Property Company 

407-872-3500 sdupree@lpc.com

Beth Payan, Larry Vershel Communications Inc. Lvershelco@aol.com 

407-644-4142