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6301 N 82nd Ave
Pinellas Park, FL 33781

$3,000,000 USD

Warehouse For Sale  •  25,309 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 25,309 SF
  • Lot Size 1.43 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 9.49 %
  • Tenancy Multiple
26 Transit Score
48 Walk Score

Highlights

STRONG SUBMARKET FUNDAMENTALS – Located in the South Pinellas Industrial Submarket, Tampa MSA’s largest, this area has experienced a ±2.5% year-over-y
PRIME STRATEGIC LOCATION – Centrally positioned in Florida’s most densely populated county, the property offers direct access to the Tampa metro. It i
RECENT CAPITAL IMPROVEMENTS – Ownership has recently replaced approximately two-thirds of the building’s roofing, significantly reduced near-term capi
ATTRACTIVE LEASE STRUCTURE – The property is currently leased on a full service gross basis with short-term commitments, allowing for near-term mark-t
STRONG SUBMARKET DYNAMICS – Located in Pinellas Park, within the thriving Tampa MSA, this area has seen sustained rent growth and minimal new construc
PRICED BELOW REPLACEMENT COSTS – With pro forma annual income projected at approximately ±$379,635 and in-place infrastructure, this asset offers an a
Cap Rate: 9.49 %

Major Tenants

Tenant SF Occupied Lease End Date
Q MotorSports

Amenities

  • Fenced Lot

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 20 min - 8.2 mi
Tampa International 32 min - 18.4 mi
Sarasota/Bradenton International 60 min - 40.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Nick Watson 813-466-4800 Matthews Real Estate Investment Services
Nick Watson 813-466-4800 Matthews Real Estate Investment Services