For Sale
$2,804,713

13710 49Th StClearwater, FL 33760

High-yield multi-tenant industrial property in Clearwater, FL.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a stabilized, multi-tenant industrial property located at 13710 49th St N, Clearwater, Florida, 33760, within Pinellas County. The property, known as Gator 49, encompasses 21,000 square feet and is currently 100% occupied, offering a strong and consistent income stream. Classified as a flex, manufacturing, and warehouse space, this versatile building caters to a diverse range of commercial uses. The asking price is $2,804,713, translating to a price per square foot of $133.56. The property boasts a compelling 6.50% capitalization rate, generating a net operating income (NOI) of $182,306. The lease type is modified, reflecting a flexible and potentially advantageous arrangement for the investor. This multi-tenant structure provides inherent diversification and reduced risk. The property's location in Clearwater, Florida offers excellent access to transportation networks and a thriving commercial environment. This is a prime opportunity for investors seeking a stable, high-yielding industrial asset with significant upside potential. The property's strong occupancy rate and attractive financial metrics make it an ideal addition to any diversified portfolio.

Highlights

  • 21,000 SF multi-tenant industrial property in Clearwater, FL.
  • 100% occupied, generating $182,306 NOI.
  • Asking price: $2,804,713 ($133.56/SF), 6.50% cap rate.
  • Flex, manufacturing, and warehouse space with modified leases.
  • Excellent location with strong transportation access.

Property Details for 13710 49Th St

Property type
Warehouses, Industrial properties
Square Feet
21,000 SF

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.89655522
Longitude
-82.70062642
13710 49Th St, Clearwater, Florida

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13710 49Th St
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