340 Scarlet Blvd - Industrial FOR SALE


Oldsmar, FL 34677
$5,199,900 USD
813-995-5544
340 Scarlet Blvd, Oldsmar, FL for Sale
$5,199,900 USD
Industrial - FOR SALE
1/24
null | 6.69% Cap Rate

340 Scarlet Blvd
Oldsmar, FL 34677


HIGHLIGHTS

  • Instant equity and value add properties
  • Rare opportunity in a highly desirable location
  • 35848 Total Heated SF (28,043 sf & 7805 sf)
  • 1.51 AC combined lots (1.06 AC & .45 AC)

OVERVIEW

Prime Investment Opportunity – Two Fully Leased Commercial Properties in Oldsmar, FL Offered at $5,199,900 ($145.05/sf) Addresses: 320 & 340 Scarlet Blvd, Oldsmar, FL Seize this exceptional opportunity to acquire TWO fully leased industrial properties in the thriving Oldsmar market. This offering includes: 320 Scarlet Blvd – A 28,043 SF building on a 46,369 SF lot. 340 Scarlet Blvd – A 7,805 SF building on a 19,500 SF lot. Both properties are leased to a single, well-established tenant, providing immediate cash flow. The tenant will require a new three year lease with two one-year renewal options drafted prior to and executed at closing. The lease is to be structured on a NN basis at $10/SF, with 3% annual rent escalations. Positioned in a highly sought-after location, these properties offer investors a rare chance to acquire a secure, income-generating asset with future upside rent potential. Per my broker opinion of value there is instant equity upon purchase. Don't miss this opportunity—contact us today for more details! Interior pics & additional property details will be added soon.

FOR SALE DETAILS

PRICE

$5,199,900 USD

PRICE/SF

$185 USD /SF

CAP RATE

6.69%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

320 & 340 Scarlet Blvd - 35,848 total SF

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

undefined, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.53

LAND SF

66,506

ZONING

M-1

APN/PARCEL ID

23-28-16-63936-066-0080,23-28-16-63936-067-0120

ASK ABOUT THIS PROPERTY

Michael BruniProTech Commercial Realty, LLCMore Info
813-995-5544

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Michael BruniProTech Commercial Realty, LLCMore Info
813-995-5544

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.