16550 Scheer Blvd - Warehouse FOR SALE


Hudson, FL 34667
$2,200,000 USD
813-610-0239
16550 Scheer Blvd, Hudson, FL for Sale
$2,200,000 USD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

16550 Scheer Blvd
Hudson, FL 34667


HIGHLIGHTS

  • Located on the West Coast of Pasco County.
  • 15' clear height.
  • Property sits on 1.45 acres.
  • 10 grade level doors.
  • 4 out of 5 suites are leased.

OVERVIEW

JLL is pleased to bring 16550 Scheer Blvd in Hudson, Florida to the market for sale. Originally purchased in 2000, this multi-tenant small-bay industrial product located on the West Coast of Pasco County features five (5) total suites, four (4) of which are currently leased and occupied with 2.19 years of WALT remaining. Built in 1988, this hyper-infill small bay industrial product caters to both local and national occupiers, hence the diverse tenant-base anchored by two National Tenants. This opportunity is unique in the fact that it allows for the potential investor to buy into a supply-constrained market and capitalize on an 80.90% stabilized asset with short WALT remaining. The opportunity to fill the rare and recent vacancy also allows for the investor to boost Year 1 NOI with an underwritten market rate of $12.75/SF NNN with little down time in a supply constrained market.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.45

LAND SF

63,162

ZONING

I-1

APN/PARCEL ID

13-24-16-0090-00000-0540

ASK ABOUT THIS PROPERTY

813-610-0239

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813-610-0239

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