4106 US Highway 41 N | Palmetto, FL 34221
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4106 US Highway 41 N
Palmetto, FL 34221
Industrial Property For Sale
Investment Highlights
- NNN Lease with options through 2042.
- 22,655 SF Land.
- 6.14 CAP
- Mission Critical facility for Tenant.
- 3,693 SF Building.
- Zoned HC
Executive Summary
Attention investors seeking stable, income-generating assets! This prime industrial parcel in Palmetto, Florida, offers an attractive investment opportunity with a NNN lease.
Key Features:
Land: 22,655 square feet of well-positioned industrial land, providing ample room for expansion or future development.
Building: 3,693 square feet of functional building space, suitable for a variety of light industrial uses.
Lease: Secure NNN lease, meaning the tenant is responsible for all property taxes, insurance, and common area maintenance costs. This minimizes risk and simplifies ownership for the investor.
Cap Rate: Attractive average cap rate of 6.14%, indicating a strong potential for consistent income generation.
Additional Details:
Location: Situated in a desirable industrial area of Palmetto, with convenient access to major transportation arteries and a strong local labor pool. Located at the split of US-19 and US-41, less than 5 minutes from I-275.
Zoning: Ideally zoned (HC) for a wide range of industrial uses, offering flexibility for future tenant needs.
Utilities: All essential utilities are readily available on-site.
Investment Highlights:
Stable Income: The NNN lease structure ensures predictable and reliable income, ideal for investors seeking long-term stability.
Growth Potential: The spacious land area provides the potential for future expansion or redevelopment, enhancing the property's value. The 1.76 ac+/- parcel directly to the North is also available for purchase as outdoor storage.
Strong Market: Manatee County is one of the fastest growing markets in the country, creating a favorable environment for this investment.
This industrial parcel presents a compelling opportunity for investors seeking a secure and profitable asset with significant growth potential. Don't miss out on this chance to invest in a thriving Sarasota location with a stable income stream.
Please do not disturb the Tenant.
Key Features:
Land: 22,655 square feet of well-positioned industrial land, providing ample room for expansion or future development.
Building: 3,693 square feet of functional building space, suitable for a variety of light industrial uses.
Lease: Secure NNN lease, meaning the tenant is responsible for all property taxes, insurance, and common area maintenance costs. This minimizes risk and simplifies ownership for the investor.
Cap Rate: Attractive average cap rate of 6.14%, indicating a strong potential for consistent income generation.
Additional Details:
Location: Situated in a desirable industrial area of Palmetto, with convenient access to major transportation arteries and a strong local labor pool. Located at the split of US-19 and US-41, less than 5 minutes from I-275.
Zoning: Ideally zoned (HC) for a wide range of industrial uses, offering flexibility for future tenant needs.
Utilities: All essential utilities are readily available on-site.
Investment Highlights:
Stable Income: The NNN lease structure ensures predictable and reliable income, ideal for investors seeking long-term stability.
Growth Potential: The spacious land area provides the potential for future expansion or redevelopment, enhancing the property's value. The 1.76 ac+/- parcel directly to the North is also available for purchase as outdoor storage.
Strong Market: Manatee County is one of the fastest growing markets in the country, creating a favorable environment for this investment.
This industrial parcel presents a compelling opportunity for investors seeking a secure and profitable asset with significant growth potential. Don't miss out on this chance to invest in a thriving Sarasota location with a stable income stream.
Please do not disturb the Tenant.
PROPERTY FACTS
Sale Type | Investment NNN | Lot Size | 0.57 AC |
Cap Rate | 6.14% | Rentable Building Area | 3,693 SF |
Property Type | Industrial | No. Stories | 1 |
Property Subtype | Year Built | 1957 | |
Building Class | C | Tenancy | Single |
Sale Type | Investment NNN |
Cap Rate | 6.14% |
Property Type | Industrial |
Property Subtype | |
Building Class | C |
Lot Size | 0.57 AC |
Rentable Building Area | 3,693 SF |
No. Stories | 1 |
Year Built | 1957 |
Tenancy | Single |
PROPERTY TAXES
Parcel Number | 22789-0000-2 | Improvements Assessment | $98,836 |
Land Assessment | $100,270 | Total Assessment | $199,106 |
PROPERTY TAXES
Parcel Number
22789-0000-2
Land Assessment
$100,270
Improvements Assessment
$98,836
Total Assessment
$199,106
zoning
Zoning Code | HC (heavy commercial) |
HC (heavy commercial) |
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