Map
Listed price in listed location currency (USD).
$499,000

000

MLS® TB8520383

Overview

Key Facts

Type Business
Levels Commercial Sale
Size 1311 sqft
Garage 
Taxes $1,443
Days Active 0
Lot Size 0.34 Acres
Approx. Age 1977
Avg. Price Per Sqft $380
MLS® Number TB8520383

Property Address: 15217 Us Highway 19, Hudson, FL, 34667-3608

Average square foot calculated using Size range provided by listing agent.

Description

A premier, fully-occupied passive investment opportunity in Hudson, Florida. This 0.34 acre site features a 1, 311 SF building with a two-bay automotive service garage. The property features 100 feet of direct US-19 frontage (40, 000 AADT) and has a dedicated turn lane. The asset is secured by a 7-year absolute NNN lease (through November 2032), leaving the landlord with zero expense obligations as the tenant covers all taxes, insurance, and maintenance. Featuring an annual NOI of $42, 000 (year 1) with 3% annual increases and priced at an 8.42% CAP rate, this is a prime passive investment opportunity along a major Florida growth corridor.
MLS® NumberTB8520383
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1977
Basement
DrivewaySecured
Garage Spaces
Heat
A/COffice Only

Extras

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