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1650 12th St E 12,300 SF Industrial Building Palmetto, FL 34221 $2,200,000 ($178.86/SF) 5.60% Cap Rate



EXECUTIVE SUMMARY
For sale is a 12,300 square foot freestanding building situated on approximately one acre of land located in Palmetto, FL. This property is a NNN lease to a strong national tenant, providing investors with a truly passive ownership structure and minimal management responsibilities.
The lease includes 3% annual rent increases, delivering predictable income growth and long-term value appreciation. The expansive site offers excellent visibility, access, and ample parking, further enhancing the tenant’s operational success and long-term commitment to the location.
Contact the listing agent for more information or a private showing.
The lease includes 3% annual rent increases, delivering predictable income growth and long-term value appreciation. The expansive site offers excellent visibility, access, and ample parking, further enhancing the tenant’s operational success and long-term commitment to the location.
Contact the listing agent for more information or a private showing.
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Security System
- Reception
- Storage Space
- Air Conditioning
UTILITIES
- Lighting - Fluorescent
- Gas
- Water - City
- Sewer - City
- Heating
PROPERTY TAXES
| Parcel Number | 10134-1111-9 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,547,179 |
PROPERTY TAXES
Parcel Number
10134-1111-9
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,547,179
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1650 12th St E
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