STNL Investment Sale of Industrial/Flex Warehouse (Sanford, FL)

STNL Investment Sale of Industrial/Flex Warehouse (Sanford, FL)

Industrial

/

Flex

Details

$1,750,000

Property type

Property type

Flex

City

City

Sanford

Role

Role

Listing agent

Price per SF

$

254

Client

Private Individual

Closed

May 2025

Address

659 Hickman Circle

Sanford, Florida 32771

Cap Rate

6.65% (Year 1)

BLACKLINE advised two private owners who sold their business to LITHKO in 2021 but kept the building as a private investment. After the sale, LITHKO became the tenant and guarantor.

Four years later, the owners engaged our firm to sell the property, which we successfully closed under favorable terms.

Read the full write-up

659 Hickman Circle, Sanford, industrial flex

Blackline Commercial Real Estate is a Florida real estate brokerage licensed by the Florida Department of Business and Professional Regulation, license CQ1069683. Principal broker Thevin Campton, CCIM, license BK3332795.

© 2026 BLACKLINE COMMERCIAL REAL ESTATE

Local time

_

FL, USA

_

10:59:56 PM

Blackline Commercial Real Estate is a Florida real estate brokerage licensed by the Florida Department of Business and Professional Regulation, license CQ1069683. Principal broker Thevin Campton, CCIM, license BK3332795.

© 2026 BLACKLINE COMMERCIAL REAL ESTATE

Local time

_

FL, USA

_

10:59:56 PM