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1920 Gunn Hwy
Odessa, FL 33556

Industrial Property For Sale

Investment Highlights

  • Sale Leaseback Opportunity
  • Explosive Population Growth
  • Land Constrained Market
  • Rapidly Rising Rents

Executive Summary

Rare sale leaseback opportunity in an irreplaceable location in a land constrained market less than 30 minutes north of the Tampa International Airport. The owner of the building is in the process of executing their company's consolidation/expansion plans into a new facility. The seller will enter into a 36-48 month NNN lease at a market or below market lease rate. Proceeds from sale will be used to help fund the construction of a 250,000 SF Class A distribution center.
Interested buyers shall submit their offers in a simple LOI format stating the purchase price, proposed lease rate and closing cost distributions. The top buyers will be given a private tour of the building. Please be sure to include either a proof of funds or loan commitment letter along with your offer.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions Sale Leaseback
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 6.73 AC
Rentable Building Area 100,000 SF
No. Stories 1
Year Built/Renovated 1995/2004
Tenancy Single
Parking Ratio 0.9/1,000 SF
Clear Ceiling Height 22’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 2

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-26-17-0000-00500-0042
Land Assessment
$410,379
Improvements Assessment
$4,514,996
Total Assessment
$4,925,375

zoning

Zoning Code I-1 (Light Industrial)
I-1 (Light Industrial)
  • Listing ID: 21828303

  • Date on Market: 12/23/2020

  • Last Updated:

  • Address: 1920 Gunn Hwy, Odessa, FL 33556

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