3637 131st Avenue N, Clearwater, FL
Industrial for Sale - $1,250,000
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Property Info
CIMLS# | 952620 |
Location 3637 131st Avenue N Clearwater FL 33762 | |
Updated | June 18th, 2017 |
Type | Industrial |
Price | $1,250,000 |
Property Description
Broker: Ned Willis - XXXX@VectorRealty.com<br />
<br />
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="http://realestate.oodle.com/j_a2xx_/4555645268-1662u1096,33-0F2BE7D5FDE3/realestate.oodle.com___ODLSL_zEpRRuV6ynuKlK0nftqXrRm04GQhRCxEQk8cMbfoLKFieltX9ZC7erWyVw-1T5uppO7_S1WgWM0e3NzuaG8v4DaYKv0SgX9tYMNgrxoL8IUFxf5K2rA-SN7OwAOe-fLaoQtwE6fhHERRBITqgB5obIrYdOK" rel="nofollow">here</a>