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Description
A premier, fully-occupied passive investment opportunity in Hudson, Florida. This 0.34 acre site features a 1,311 SFbuilding with a two-bay automotive service garage. The property features 100 feet of direct US-19 frontage (40,000AADT) and has a dedicated turn lane. The asset is secured by a 7-year absolute NNN lease (through November 2032),leaving the landlord with zero expense obligations as the tenant covers all taxes, insurance, and maintenance.Featuring an annual NOI of $42,000 (year 1) with 3% annual increases and priced at an 8.42% CAP rate, this is a primepassive investment opportunity along a major Florida growth corridor.
Property Highlights
Property Type: Commercial -
Cooling: Office Only
Lot Size: 0.34 Acres
Stories: 1.0
Taxes: $1,442
Year Built: 1977
General Information
County: Pasco
Subdivision: GULF SIDE ESTATES
Listed By:
Paul Linder
SAUNDERS REAL ESTATE, LLC
863-648-1528
MLS ID: TB8520383
Property Features
Building: Bathrooms
Directions: Go North on US 19 from Hudson until New York Ave. Go 1/4 mile North and site is on West side of US 19
Exterior: Block
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.34
Number of Bays(Grade Level): 2
Number of Offices: 1
Number of Restrooms: 1
Ownership: Fee Simple
Parking: Secured
Parking Notes: Secured
Property Attached Y/N: No
Property Sub-Type: Business
Sale Includes: Building(s) and Land
Showing Instructions: Appointment Only
Special Sale Provisions: None
Water Access Y/N: No
Zoning: C2
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15217 Us Highway 19 , Hudson, FL 34667.
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