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Prime Warehouse-Office Facility with 6'X12' digital pylon signage in Central Pinellas County, Florida
This exceptional 46, 233-square-foot warehouse-office property offers a rare blend of functionality, modern amenities, and an unbeatable location. Situated at the heart of Pinellas County, the property boasts 6’ x 12’ double sided direct digital signage on the major east-west corridor of 118th Avenue and 49th Street, providing excellent visibility and easy access to Tampa, St. Petersburg, and Clearwater via the interstate system.
Built in 1978, this pre-engineered steel building has been meticulously maintained and recently remodeled, with a new roof, ensuring it is both durable and visually impressive. The facility includes 18, 380 square feet of formal office spaces, classrooms, and training rooms, making it ideal for businesses requiring a mix of office and operational space. The remaining area is optimized for warehouse or industrial use, supported by seven overhead doors, a 24-foot eave height, and a peak ceiling height of 28. 5 feet.
Currently, 24% of the building is leased under a triple net agreement at $11 per square foot, generating steady income through February 2026. The property also features a deep well supporting an irrigation system to maintain its professionally landscaped grounds, adding to its overall curb appeal.
The site includes 138 parking spaces, with 36 public-facing spaces at the front and 102 secured within a gated compound, providing ample parking and security. Operational efficiency is enhanced by a 150-kilowatt Caterpillar diesel generator, which powers the entire building during unfrequent outages, and a dedicated 16-kilowatt generator for the server room. Additionally, the property offers 66. 5 tons of air conditioning across 20 systems, ensuring consistent and reliable climate control.
This two-story facility is well-suited for a wide range of uses, from corporate offices and training centers to manufacturing, distribution, or mixed-use operations. The property’s combination of functional design, extensive parking, secure storage options, and robust infrastructure positions it as a turnkey solution for businesses seeking a versatile and well-equipped facility.
With 6’ x 12’ double sided direct digital signage on a high-traffic corridor, excellent interstate connectivity, and a central location in the dynamic Tampa Bay area, this property provides unmatched convenience and accessibility. Its modern upgrades, professional appearance, and outstanding functionality make it a premier opportunity for investors or businesses. Schedule your tour today to experience this unique property firsthand!
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$6,449,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,159,200 | $5,159,200 | $5,159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.701% |
Monthly Tax Payment | $2,978 | $2,978 | $2,978 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,892 | $33,035 | $44,942 |
Total Monthly Payment | $36,995 | $36,138 | $48,045 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.