30,000 SF User/Investor Industrial Bldg Offered For Sale & Lease

Industrial for Sale
Catylist Listing ID: 30368667
Property Subtypes: Flex Space, Food Processing, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution
Building Size (RSF): 30,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.15 Acres
Sale Price: $2,160,000
Unit Price: $72 PSF
Ceiling: 21 ft. Clear
Docks/Doors: 4 Doors
Office SF: 4,000 SF
Drive In Bays: 4 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/15/2019

Overview / Comments

1200 Starkey Road, Largo, FL 33771, (the rear, eastern building) is offered for sale at $2,160,000, or $72.00 per square foot. This property comprises a 30,000 square foot MOL industrial building with an above standard parking ratio of 3.5/1 situated on a 2.15-acre MOL site. The property is located within the city limits of Largo, FL and maintains a zoning/land use designation of IL, Industrial Limited.

The building comprises a well-maintained split faced concrete block office/warehouse facility with 10,000 square feet available for lease, or for an owner/user to occupy. The building was built in 2001, provides 4,000+ square feet of office, 16.5'-21' clear height, 4 grade level loading doors (14'h x 12'w), 3-phase power, is 100% air-conditioned, and maintains 6" reinforced concrete floors.

The tenants are:
1) Relaxslim System, Inc., 10,000+ square feet
2) Top Dog Gymnastics, 10,000+ square feet
3) AVAILABLE FOR LEASE OR FOR OWNER OCCUPANT-WESTERN 10,000 SQ. FT.

The available space comprises 10,000 square feet and is offered at $5.65 per square foot on a NNN basis with a projected $1.50+ per square foot in operating expenses. The space includes 192 square feet of office and is 100% air-conditioned. Loading is served via 2 grade level loading doors (14’h x 12’w).

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 15 30 02 78463 000 0020
Zoning: IL-INDUSTRIAL LIMITED ZONED SITE (CITY OF LARGO LAND USE)
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2001
Construction/Siding: Block
Parking Ratio: 3.5 (per 1000 SF)
Parking Type: Surface
Eave Height: 16.5
X-Phase: 3-Phase

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,193 136,642 300,236
Median Age: 50.73 46.41 46.06
Households: 8,954 62,705 133,632

Contact

Photograph of Listing Agent

Deron Thomas, CCIM, SIOR

Industrial Realty Solutions CE-FL Member
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