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Northern Tool + Equipment 44091 US Highway 19 N 25,461 SF Retail Building Tarpon Springs, FL 34689 $4,886,000 ($191.90/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the US
- Located inside of dense retail corridor | 2.1M SF within a 2-mile radius
- Large parcel | 2.39 acres
- Great visibility & access from US Highway 19 | 63,000 VPD
- Long operating history | Leased since 2008
- Affluent surrounding area | $97,918 average household income within a 5-mile radius
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
±8.56 acres of commercial zoned land consisting of an existing Northern Tool + Equipment and Caliber Collision on the SEC of US Hwy 19 & Phoenix Ave, Tarpon Springs, Florida. Building to be connected to the Northern Tool + Equipment at 44091 US Highway 19 N. This is a PROPOSED property not currently existing.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 10,000 SF | Retail | Outparcel | Sep 2026 |
1st Floor
| Size |
| 10,000 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Sep 2026 |
1st Floor
| Size | 10,000 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Sep 2026 |
±8.56 acres of commercial zoned land consisting of an existing Northern Tool + Equipment and Caliber Collision on the SEC of US Hwy 19 & Phoenix Ave, Tarpon Springs, Florida. Building to be connected to the Northern Tool + Equipment at 44091 US Highway 19 N. This is a PROPOSED property not currently existing.
PROPERTY TAXES
| Parcel Number | 06-27-16-00000-120-0300 | Improvements Assessment | $164,900 |
| Land Assessment | $1,212,416 | Total Assessment | $1,377,316 |
PROPERTY TAXES
Presented by
Northern Tool + Equipment | 44091 US Highway 19 N
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