Equipment Share - Tampa-St Petersburg (Largo) FL
Industrial | 5.25% CAP | 29,925 SqFt | 2.5% Annual Increases
Marketing description
This single-tenant net lease industrial property offers an impressive 5.79-acre parcel located near high-traffic Ulmerton Road and US-19. With 14 years remaining on the lease and 2.50% annual rent increases, this property promises a reliable income stream for investors. The 29,925 SF building comes with an additional 6,000 SF of covered slab, ideal for a corporate tenant focused on equipment share. Plus, with a competitive cap rate of 5.25%, this opportunity is not to be missed. The property is surrounded by popular amenities like shopping centers, schools, and medical facilities, making it a prime location for businesses. The lease terms ensure landlord responsibilities are manageable, offering a hassle-free investment option. Don't miss out on this exclusive offering in the Tampa-St. Petersburg MSA - seize the chance to add this high-quality industrial property to your portfolio today!
Investment highlights
14 Years Remaining | Corporate Signed Lease | 2 (5-Year) Options | Annual Rent Bumps | Established Industrial Tenant
NN Leased | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
Off Ulmerton Road | Off US-19 | Surrounding Industrial Tenants | Excellent Visibility & Access | Loading Docks
Dense Demographics in 5-mile Trade Area | Direct Consumer Base
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