Pocket Listing - 20,000 SF Warehouse in North Pinellas County

Posted by Buddy Sauter and Associates at 4/14/2008 7:28 AM
Categories: uncategorized
Here is a very nice warehouse for an investor or end user. Give me a call if interested 727 421 3706.

Address: Belcher Rd. (aprox 1/4 mi south of Ulmerton Rd.)
Current tenant: Fabrication and Build Shop (lease expires Sept. 30, 2008)
Current lease is under market at $6.35/sf NN
Tenant pays all real estate taxes and some maintenance/repair
All concrete block structure.
Built in 3 phases: 1971, 1972 & 1973
Aprox 20,000 sf total (6,000+ sf offices and 14,000+ sf warehouse)
Aprox 1.8 acres and 60 parking spaces plus truck ramp
2007 taxes: $22,700
Asking Lease: $16,000/mo (aprox $9.46/sf) NNN
Asking Purchase: $2.65M
 

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