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Investment Highlights
- Long-term stability with a 10-year absolute NNN lease and 3% annual rent escalations.
- Offered below replacement cost, delivering immediate built-in value.
- Tenant is a leading national service provider with strong recurring revenue and national accounts.
- Two 10-year renewal options provide up to 30 years of occupancy potential.
- Positioned in a high-demand industrial submarket fueled by population growth and e-commerce.
Executive Summary
6740 Tower Drive in Hudson, FL is a single-tenant industrial facility strategically positioned within the thriving Tampa Bay industrial corridor. The building offers 26-foot clear heights, three oversized drive-in doors, and full sprinkler coverage, making it ideal for logistics and light manufacturing operations. Recently renovated with updated exterior paint, roof improvements (10-year warranty), and modernized office space, this property delivers turnkey functionality and reduced near-term maintenance costs. Located in West Pasco County, the site benefits from strong transportation connectivity via US-19 and proximity to Tampa, approximately 30 miles away, ensuring efficient regional distribution capabilities.
Property Facts
| Price | $1,699,000 | Lot Size | 0.71 AC |
| Price Per SF | $109.61 | Rentable Building Area | 15,500 SF |
| Sale Type | Investment NNN | No. Stories | 2 |
| Cap Rate | 7.17% | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Clear Ceiling Height | 26’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | C3 - Commercial/Light Manufacturing District | ||
| Price | $1,699,000 |
| Price Per SF | $109.61 |
| Sale Type | Investment NNN |
| Cap Rate | 7.17% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.71 AC |
| Rentable Building Area | 15,500 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Tenancy | Single |
| Clear Ceiling Height | 26’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | C3 - Commercial/Light Manufacturing District |
Amenities
- Mezzanine
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Property Taxes
| Parcel Number | 04-25-16-0020-00300-0010 | Improvements Assessment | $602,379 |
| Land Assessment | $70,712 | Total Assessment | $673,091 |
Property Taxes
Parcel Number
04-25-16-0020-00300-0010
Land Assessment
$70,712
Improvements Assessment
$602,379
Total Assessment
$673,091
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6740 Tower Dr
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