Property Listing No Longer Available for Sale

3637 131st Avenue N, Clearwater, FL

Industrial for Sale - $1,250,000

Property Info

  3637 131st Avenue N
  Clearwater FL 33762
UpdatedJune 18th, 2017

Property Description

Broker: Ned Willis -<br />

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Excellent investment opportunity for your 1031 exchange buyer. The NOI is $101,000+ and offers a CAP rate at just over 8%. Two Years remain on the lease with two 1-year options. The current rental rate is $5.00 NNN. The renewal terms are at $5.50 and $5.67. The building was built in 1984 and offers 20' clear height, 1.2 acres, new roof in 2012, and a premium location. The property is located just off Ulmerton Road and 38th Street North across Ulmerton Road from the St. Pete/Clearwater Airport.<br />

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View Full Listing: <a href=",33-0F2BE7D5FDE3/realestate.oodle.com___ODLSL_zEpRRuV6ynuKlK0nftqXrRm04GQhRCxEQk8cMbfoLKFieltX9ZC7erWyVw-1T5uppO7_S1WgWM0e3NzuaG8v4DaYKv0SgX9tYMNgrxoL8IUFxf5K2rA-SN7OwAOe-fLaoQtwE6fhHERRBITqgB5obIrYdOK" rel="nofollow">here</a>


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