Warehouse
5028 Airport Road
5028 Airport Rd, Zephyrhills, FL 33542
Listing Price: $1,850,000
Investment Overview
5028 Airport Road is a 25,250 gross square foot property located in Zephyrhills, FL adjacent to the Zephyrhills Municipal Airport. The metal warehouse has multiple tenants paying rent and is located on 4 acres of land with additional income generated by truck parking. Unique features include the parcel being owned fee simple but completely enveloped by the Airport Registry (formerly on a ground lease but no longer). The property also has unique electrical infrastructure. Recently, the property has experienced a large amount of CAPEX: 1) exterior paint job 2) new HVAC system for a Gym Tenant 3) Sealing and Coating to the Roof.
Exclusively Listed By
Listing Price: $1,850,000
Investment Highlights
- 68%+ Occupied Warehouse
- Building Newly Painted (Exterior) and Newly Coated/Sealed Roof
- Ability to Push Rents on Aging Tenants
- Fee Simple Parcel Enveloped in Airport Registry
- 4 Acres of Land (Redevelopment Opportunity)
Investment Overview
5028 Airport Road is a 25,250 gross square foot property located in Zephyrhills, FL adjacent to the Zephyrhills Municipal Airport. The metal warehouse has multiple tenants paying rent and is located on 4 acres of land with additional income generated by truck parking. Unique features include the parcel being owned fee simple but completely enveloped by the Airport Registry (formerly on a ground lease but no longer). The property also has unique electrical infrastructure. Recently, the property has experienced a large amount of CAPEX: 1) exterior paint job 2) new HVAC system for a Gym Tenant 3) Sealing and Coating to the Roof.
Exclusively Listed By
