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Investment Highlights
- Central Pinellas Location
- Can be divided into two units
- RARE Owner User Opportunity in Mid-Pinellas
Executive Summary
The building is a slab on grade, prefinished engineered metal structure with approximately 14-foot clear span and two grade level 12-foot front load doors. The property could be split into two separate units. The roof is a pitched metal pan with gutters for directional run off with a small rear outside storage yard.
The property is perfect for an owner user or investor. The property is currently leased to a multinational firm until July 31st, 2026, at $4,335.46 per month Mod Gross. This represents a rental rate of $8.67 Per SQFT with is $8 to $10 below market rate PLUS NNN add backs in CAM fees. Current rental rates for this size and type warehouse range between $16 to $18 NNN as indicated by our rental comps.
Data Room Click Here to Access
Property Facts Under Contract
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Manufacturing
- -
- -
- -
Veseris was formed in 2020 after Univar Solutions sold its Environmental Sciences division to AEA Investors, creating an independent company with roots in a business built over nearly five decades. The company provides products, training, expertise, and digital tools for professional customers working in pest control, public health, turf and ornamental care, wildlife management, industrial vegetation management, post-harvest, and hay markets. Veseris also serves customers through a broad North American network and works with supplier partners to support distribution and service needs across its core verticals.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Manufacturing | - | - | - |
Property Taxes
| Parcel Number | 08-30-16-92070-000-0030 | Improvements Assessment | $256,185 |
| Land Assessment | $198,815 | Total Assessment | $455,000 |
Property Taxes
Presented by
13311 60th St N
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