Pinellas County Warehouse

Industrial for Sale
Catylist Listing ID: 30786888
Property Subtypes: Flex Space, Warehouse/Distribution
Building Size (RSF): 11,100 SF
Gross Building Area: See Agent
Gross Land Area: 34,662 SF
Sale Price: $1,980,000
Unit Price: $178.38 PSF
Ceiling: 20 ft. / 15 ft. Clear
Property Use Type: Net Leased Investment (NNN), Investment
Usable Size (USF): 11,100 SF
Sale Terms: Cash to Seller
Cap Rate: 6.25%
Last Updated: 5/18/2022

Overview / Comments

Mike Heretick, Agent | 727-823-1230 ext 233 | mheretick@vectorrealty.com
Mike Ludwig, Agent | 727-823-1230 ext 239 | mludwig@vectorrealty.com

This 11,100-square-foot climate-controlled warehouse will be delivered completely built out with a five-year NNN lease in place, offering an investor a 6.25% Cap Rate. Anticipated buildout completion is May 2022, including new roof and new HVAC. The warehouse is clear span with 20-foot ceilings and a 15-foot clear height from the truck well. Conveniently located off of Bryan Dairy Road and minutes to US-19 and I-275.

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 16 30 18 30338 000 0060
Zoning: M-1
Highway Access: US-19, I-275
Airports: TPA, PIE
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1979
Year Renovated: 2022
Parking Type: Surface
Parking Description: 2/1,000
Zoning Description: M-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,390 121,727 301,202
Median Age: 44.79 44.7 45.82
Households: 4,184 51,645 134,427

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