Warehouse
3120 39th Ave N
3120 39th Ave N, St. Petersburg, FL 33714
Listing Price: $799,000
Investment Overview
Property is fully occupied with long-term tenants stretching over 20 years. Each tenant is on month-2-month leases and below market rents. Property is located within Joe's Creek Industrial Park in the highly desirable South Pinellas submarket. Joe's Creek Industrial Park is a popular industrial, warehouse, and manufacturing area consisting of 1,600,000 square feet of industrial space. It is one of the largest parks in the Tampa Bay area and is conveniently located close to I-275 and US 19 North. Targeted redevelopment efforts via the Lealman Community Redevelopment Area (CRA). Plan Tax Increment Financing District and Lealman Redevelopment Trust Fund established by ordinance in 2017. Ideally located in close proximity to both I-275 and US 19. Easily accessible to Pinellas County's abundant and skilled labor force. Property is great for owner user & investment property with immediate value add.
3120 39th Ave N
Investment Highlights
- NOI is Based on Pro Forma - For Details Call Agent
- Property is Concrete Block Construction | Property has Brand New HVAC | Both Office & Unit 1 is Air-Conditioned
- 7 Units Total with 5 Roll-up Doors | Doors are 10 ' W x 10' H with a Clear Height of 12'
- Property is Fully Occupied with Long Term Tenants | Each Unit is 750 SF | Two Bathrooms
- Property is Located in South Pinellas Submarket Which is a 3.6% Vacancy Rate
- Property has Additional Yard Space at the Rear of Property
Listing Price: $799,000
Investment Highlights
- NOI is Based on Pro Forma - For Details Call Agent
- Property is Concrete Block Construction | Property has Brand New HVAC | Both Office & Unit 1 is Air-Conditioned
- 7 Units Total with 5 Roll-up Doors | Doors are 10 ' W x 10' H with a Clear Height of 12'
- Property is Fully Occupied with Long Term Tenants | Each Unit is 750 SF | Two Bathrooms
- Property is Located in South Pinellas Submarket Which is a 3.6% Vacancy Rate
- Property has Additional Yard Space at the Rear of Property
Investment Overview
Property is fully occupied with long-term tenants stretching over 20 years. Each tenant is on month-2-month leases and below market rents. Property is located within Joe's Creek Industrial Park in the highly desirable South Pinellas submarket. Joe's Creek Industrial Park is a popular industrial, warehouse, and manufacturing area consisting of 1,600,000 square feet of industrial space. It is one of the largest parks in the Tampa Bay area and is conveniently located close to I-275 and US 19 North. Targeted redevelopment efforts via the Lealman Community Redevelopment Area (CRA). Plan Tax Increment Financing District and Lealman Redevelopment Trust Fund established by ordinance in 2017. Ideally located in close proximity to both I-275 and US 19. Easily accessible to Pinellas County's abundant and skilled labor force. Property is great for owner user & investment property with immediate value add.
