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Portfolio For Sale • 25,520 SF
| 100% occupied by nine (9) tenants, four (4) of which have been at the location for over 10 years |
| Weighted average lease term remaining of 3.5 years for the current tenants |
| Below market rents with upcoming lease expirations provides potential buyers the opportunity to raise rents or backfill tenants to market rent |
| The ownership has invested over $417,000 in suite renovations across three buildings since 2022 |
| All roofs across the portfolio were replaced with new TPO and tile systems in 2017–2018 and a solar electric system was installed |
| The property is located on the westside of Pasadena Avenue with frontage on both 1st Avenue S and Central Avenue |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| St Pete-Clearwater International | 28 min | - | 16.7 mi |
| Tampa International | 33 min | - | 24.8 mi |
| Sarasota/Bradenton International | 54 min | - | 37.8 mi |
Ari Ravi
RIPCO Real Estate
Ari Ravi
RIPCO Real Estate
