Pine Hammock Industrail Park

  SOLD September 2021 for $2,850,000

11201 & 11203 49th Street N., Pinellas Park, Florida 33762


Documents
Building Size32,755 Square Feet
Land Size4.56 Acres
ZoningCommercial
Year Built1974
Parcel ID16-30-16-00000-140-0200

This 32,755 square foot industrial complex is comprised of 5 free-standing buildings ranging in size from 5,040 square feet to 10,000 square feet. The complex is 100% leased and has been for many years with a waiting list of prospective tenants. The current rents are below market rates and can be increased as leases expire for higher profitability. Most of the tenants are long-term and have been at this location for more than 10 years. All of the roofs have been replaced. The complex is ideal for an investor who is looking for investment security and has upside potential of increased rental income. This investment opportunity offers a potential 35,000 – 50,000 square feet of building expansion. The property also has excellent redevelopment potential for a variety of compatible uses. Ideal for last mile tenants as well as many other uses for the area, including retail, flex and industrial users.

  • 32,755 SF Industrial Complex
  • Five Free-Standing 5,040 SF to 10,000 SF Buildings
  • Dominant Position on 49th Street North
  • 100% Leased by Long-term Tenants
  • New Roofs on All Buildings
  • City sewer and water
  • 35,000 – 50,000 SF Expansion Potential

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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