Multi-Tenant Industrial Investment
Industrial
for Sale
| Catylist Listing ID: |
30327118 |
| Property Subtypes: |
Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
|
| Building Size (RSF): |
18,395 SF
|
| Gross Land Area: |
48,000 SF
|
| Sale Price: |
$1,625,000 |
| Unit Price: |
$88.34 PSF |
| Property Use Type: |
Investment |
| Building Name: |
985 Harbor Lake Drive |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
6.2% |
| Average Occupancy Rate: |
100 |
| Last Updated: |
2/7/2019 |
Overview / Comments
|
Great opportunity to acquire a multi-tenant investment property in north Pinellas County. Located in Safety Harbor, this property has 14 individual units occupied by 7 long term tenants. Upside potential by raising rents to market rate. Excellent industrial building with 20 foot clear height, grade level doors and truck well loading. the building has a new roof.
|
Additional Details
| Nearest MSA: |
Tampa-St. Petersburg-Clearwater |
| County: |
Pinellas |
| Taxing Authority: |
Pinellas County |
| Tax ID/APN: |
33/28/16/36225/000/0250 |
| Zoning: |
M-1 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Year Built: |
1985 |
| Construction/Siding: |
Metal Siding |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,893 |
81,329 |
214,097 |
| Median Age: |
44.97 |
47.74 |
46.52 |
| Households: |
3,933 |
37,889 |
97,637 |
|
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