Klein & Heuchan Realtors
1744 N. Belcher Road Suite 200
Clearwater, FL 33765

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09/20/2019 - (01:58:58 PM)

Featured Property

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Property Type: Industrial Property
Property ID: SI-1492
Featured Property: Yes
Associate: Peter H. Monroe

OLDSMAR, FL   34677

Property Information:
Great north Pinellas opportunity in an industrial area where cap rates continue to compress, located in well managed Mears Industrial Park. Excellent access near a main arterial to Tampa & Tampa International Airport. Loaded with 400 Amp service and completely air-conditioned with 25 tons of HVAC. Warehouse manufacturing area is complemented with a self-sufficient 3,777 SF of office space featuring 13 executive offices, 3 bathrooms one with shower, a 200 SF conference room, reception area and kitchenette. . Priced at $880,000, this investment currently yields 9.6% ROI. Leased to February 2025—terminable by tenant on 18 months’ notice. Excellent for Owner/Future User. SALE PRICE: $880,000

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