Another 149,000 square feet of outdoor storage area would hold rental equipment, a 5.6-acre stormwater pond would be established on the western side, and an additional 5.7-acre leasable tract for future development would be preserved.
MPV has worked with Sunbelt Rentals on multiple built-to-suit projects and land lease deals across the southeast, and paid $2.47 million for the Ocoee property in late May.
Executives with the developer did not respond to requests for comment on Wednesday.
Sunbelt Rentals is considered the second largest equipment rental company in the United States, with more than 500 stores in the U.S. and Canada and $1.3 billion in annual revenue. The company currently has one store in Orlando, on S. Orange Blossom Trail.
The developer is offering to dedicate land for a future right-of-way extension of a road from Ocoee Business Park on the northern side to L.F. Roper Parkway.