Freestanding Industrial Building For Sale or Lease

Highlights:

• OWNER / USER OPPORTUNITY - This vacant property offers a rare chance for owner-operators to move in quickly. With limited comparable vacant buildings in the area, securing a prime location is an exceptional opportunity.
• INVESTMENT OPPORTUNITY - This property provides a flexible acquisition for investors, offering the potential to lease to tenants at competitive rates. According to CoStar, this submarket has seen a 4.08% year-over-year rental rate increase, with the average asking rent in Pasco County at $12 per SF.
• UNIQUE BUILDING STRUCTURE - The property features three strategically placed, front-facing drive-in doors, while the building is located at the back of the parcel. This layout maximizes the usability of the land at the front, providing additional flexibility for future development or operations
• LIGHT MANUFACTURING ZONING - Zoned C3 in Pasco County, this site offers rare Light Manufacturing zoning within the corridor, providing users with significant operational flexibility not easily found elsewhere in the region.
• STRATEGIC LOCATION - This space is strategically located between the Pasco Industrial submarkets and close to Highway 19, providing convenient access to Pasco County. With its proximity to major transportation routes, this site offers flexibility for users and their employee base, as well as convenient access areas within Pasco County.
• AFFLUENT AREA - Pasco County’s rapid growth is driving demand for new industrial facilities, exemplified by projects like the North Tampa Bay 75 Business Center, providing ±187,000 SF of distribution and manufacturing space. Additionally, 54 Crossings is contributing to industrial development, offering new Class A office space, with its first major tenant signed.

Documents: