For Sale
$1,325,000

4181 116Th TerClearwater, FL 33762

Net-lease warehouse, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 8,280-square-foot industrial property in Clearwater, Florida, ideally suited for distribution, manufacturing, or warehousing. Located at 4181 116th Terrace N, 33762, this property boasts two buildings on a half-acre lot (22,200 sq ft), zoned M-1. The single-tenant, net-lease property features 2,400 square feet of office space and 5,880 square feet of warehouse space, with a 5-year lease expiring January 31, 2026, and three one-year renewal options. The warehouse includes two dock-high doors, 15-foot ceilings, and 14 parking spaces, including 4 covered spaces. Built between 1984 and 1988, the concrete and metal building offers ample space for storage, inventory, or manufacturing operations. The office area comprises several offices, a conference room, file room, kitchen, breakroom, and two restrooms. This property benefits from high visibility on 116th Terrace N and easy access to major thoroughfares, including US 19 and 118th Avenue N, placing it within a thriving commercial and industrial area with high traffic volume (35,500 VTD). The asking price is $1,325,000, resulting in a price per square foot of $160.02. This is a prime investment opportunity with strong tenant occupancy and a desirable location.

Highlights

  • Tenant-occupied investment property; 8,280 SF; $1,325,000 sales price; lease expires January 31, 2026, with three one-year renewal options.
  • Excellent visibility on 116th Terrace N, Clearwater, FL.
  • Ideal for manufacturing, distribution, or storage; M-1 zoning.
  • Features 2,400 SF of office space and 5,880 SF of warehouse space on a 0.51-acre lot.
  • Includes 14 parking spaces (4 covered), two grade-level loading docks, and 15'+ ceiling heights in the warehouse; concrete/metal construction.
  • High-traffic area (35,500 VTD) with easy access to major thoroughfares including US 19 and I-275.

Property Details for 4181 116Th Ter

Property type
Warehouses, Industrial properties
Square Feet
8,280 SF
Year Built
1984
Buildings
2
Stories
1

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.876848844143
Longitude
-82.690774720649
4181 116Th Ter, Clearwater, Florida

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4181 116Th Ter
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