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Warehouse

Mixed Use Warehouse & Land Hudson, FL

9226 Denton Ave, Hudson, FL 34667

Listing Price: $3,500,000

Cap Rate
4.18%
Gross SF
29,160
Price/Gross SF
$120.03
Lot Size
20.00 acres
Year Built
1971
Rentable SF
29,160

Investment Overview

9226 Denton Ave and 9308 Denton Ave are two parcels that total just under 20 Acres of land in Hudson, Florida. The property fronts Denton Ave and is within minutes of US-19 – the major highway running through western Pasco County. The small bay warehouses on site have four tenants in place along with the Seller taking up approximately 40% of the leasable area. The Seller is currently liquidating their inventory and may need a leaseback; the buyer, should they opt to pursue the owner financing terms, may be exempt from principal or interest payments during the Seller’s move out period. The buyer would collect rent on the remaining tenants in place with the help of the leased back tenant (seller) assisting in the lease up of vacant space. During this time, the buyer would repurpose the eastern parcel into an income producing business operation: Boat & RV storage, Mobile Home Parks, or Light Industrial. Over time, an investor could achieve a favorable return after repositioning both parcels into the project they deem to be the highest and best use.

Investment Highlights

  • 20 Acres that Fronts Denton Ave, Less than a Mile from US-19
  • Well Positioned for New Industrial or Boat/RV Storage
  • Opportunity Zone
  • Parcel No. (APN) 24-24-16-0050-00D00-0120: Zoned C2/I2
  • Parcel No. (APN)24-24-16-0050-00D00-0110: Mobile Designated Use

Exclusively Listed By

Warehouse

Mixed Use Warehouse & Land Hudson, FL

Listing Price: $3,500,000

Cap Rate
4.18%
Gross SF
29,160
Price/Gross SF
$120.03
Lot Size
20.00 acres
Year Built
1971
Rentable SF
29,160

Investment Highlights

  • 20 Acres that Fronts Denton Ave, Less than a Mile from US-19
  • Well Positioned for New Industrial or Boat/RV Storage
  • Opportunity Zone
  • Parcel No. (APN) 24-24-16-0050-00D00-0120: Zoned C2/I2
  • Parcel No. (APN)24-24-16-0050-00D00-0110: Mobile Designated Use

Investment Overview

9226 Denton Ave and 9308 Denton Ave are two parcels that total just under 20 Acres of land in Hudson, Florida. The property fronts Denton Ave and is within minutes of US-19 – the major highway running through western Pasco County. The small bay warehouses on site have four tenants in place along with the Seller taking up approximately 40% of the leasable area. The Seller is currently liquidating their inventory and may need a leaseback; the buyer, should they opt to pursue the owner financing terms, may be exempt from principal or interest payments during the Seller’s move out period. The buyer would collect rent on the remaining tenants in place with the help of the leased back tenant (seller) assisting in the lease up of vacant space. During this time, the buyer would repurpose the eastern parcel into an income producing business operation: Boat & RV storage, Mobile Home Parks, or Light Industrial. Over time, an investor could achieve a favorable return after repositioning both parcels into the project they deem to be the highest and best use.

Exclusively Listed By

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