Property Details
Fully occupied class “A” net leased single tenant industrial facility for sale. Located in the highly desirable Clearwater industrial park area of Clearwater, Florida. This 25,940 square foot building is 100% occupied and purpose built in 2023-2024 for Dosatron International, a wholly owned subsidiary of Ingersoll Rand, Inc. a Fortune 200 NYSE traded public company. Dosatron is the largest provider of non-electric, water-powered, chemical dispenser and dilution equipment in the world. Dosatron’s equipment is designed for a range is industries including irrigation, food safety & sanitation, metal processing, farming & agriculture, and water treatment. Dosatron has occupied this location since 1994 and the current facility was custom built to Dosatron’s specifications in 2023-2024 demonstrating significant commitment to this site. This asset provides an internet & remote work resistant tenant with an absolute NNN lease structure. Fixed annual base rent increases provide a hedge against inflation. The facility is located in the City of Clearwater, FL (Tampa MSA) in northern Pinellas County, an extremely dense market with significant barriers to entry.