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Equipment Share - Tampa-St Petersburg MSA 1333 Starkey Rd 29,925 SF Industrial Building Largo, FL 33771 $12,230,000 ($408.69/SF) 5.25% Cap Rate
Investment Highlights
- 14 Years Remaining | Corporate Signed Lease | 2 (5-Year) Options | Annual Rent Bumps | Established Industrial Tenant
- Off Ulmerton Road | Off US-19 | Surrounding Industrial Tenants | Excellent Visibility & Access | Loading Docks
- NN Leased | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
- Dense Demographics in 5-mile Trade Area | Direct Consumer Base
Executive Summary
• There are 14 years remaining on the original 15-year lease with 2 (5-year) options to extend
• The lease features 2.50% annual rent increases, generating NOI and hedging against inflation
• Signed lease by EquipmentShare.com, Inc., the fastest-growing equipment solutions provider in the U.S
• The company has grown into a team of over 6,500 employees across an expanding footprint of 300+ rental, retail, and service locations across 43 states, offering over 254,000 connected assets
• The lease features 2.50% annual rent increases, generating NOI and hedging against inflation
• Signed lease by EquipmentShare.com, Inc., the fastest-growing equipment solutions provider in the U.S
• The company has grown into a team of over 6,500 employees across an expanding footprint of 300+ rental, retail, and service locations across 43 states, offering over 254,000 connected assets
Property Facts
Amenities
- Fenced Lot
- Signage
- Yard
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Property Taxes
| Parcel Number | 01-30-15-70416-200-0800 | Improvements Assessment | $1,201,350 |
| Land Assessment | $1,198,650 | Total Assessment | $2,400,000 |
Property Taxes
Parcel Number
01-30-15-70416-200-0800
Land Assessment
$1,198,650
Improvements Assessment
$1,201,350
Total Assessment
$2,400,000
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Equipment Share - Tampa-St Petersburg MSA | 1333 Starkey Rd
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