12109 Canton Ave - Industrial FOR SALE


Hudson, FL 34669
$1,975,000 USD
404-635-8859
12109 Canton Ave, Hudson, FL for Sale
$1,975,000 USD
Industrial - FOR SALE
1/11
null | 6% Cap Rate

12109 Canton Ave
Hudson, FL 34669


HIGHLIGHTS

  • SUBSIDIARY OF INVESTMENT GRADE PARENT
  • 2019 CONSTRUCTION WITH MAJOR 2022 RENOVATION
  • PASSIVE LEASE WITH MINIMAL LANDLORD FINANCIAL RESPONSIBILITY
  • 3.00%/4.00% ANNUAL INCREASES WITH PROTECTED FAIR MARKET OPTIONS
  • ADDITIONAL REVENUE STREAM | RAPIDLY EXPANDING MARKET
  • HIGHLY SOUGHT AFTER STATE OF FLORIDA INVESTMENT OPPORTUNITY | IDEAL 1031 EXCHANGE OPPORTUNITY

OVERVIEW

Northmarq Commercial, on behalf of ownership, is pleased to present the exclusive opportunity to acquire a 100% fee simple interest in the Lennox Industries property located at 12109 Canton Avenue in Hudson, Florida (the “Property”). Positioned just off of Florida Highway 52, the Property is roughly 30 miles northeast of downtown Tampa and within five miles of the Gulf Coast. It sits in Pasco County, Florida’s 11th-most populous and among the state’s fastest growing counties. Pasco County has nearly 600,000 residents today which represents a more than 15% increase since 2020. Population is expected to increase an additional 25% by 2045 and could surpass one million by 2050 with the workforce more than doubling over current levels as people continue to flock to the area.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lennox Industries

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.85

LAND SF

37,026

ZONING

C-2

APN/PARCEL ID

01-25-16-0090-01900-0010

ASK ABOUT THIS PROPERTY

Jason PowellNorthmarqMore Info
404-635-8859

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jason PowellNorthmarqMore Info
404-635-8859

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.