Dade City Commercial Investment Complex

The Skyridge Commerce Center is located on a 4.14-acre parcel that has a total of 29,750 ± SF of retail, office, and warehouse space in a 3 building complex directly on US 301 in Dade City, Florida. This is in the north area of greater Tampa Bay. The site has power, well, and septic. Each of the buildings has its respective parking spaces surrounding them.

Financials of Skyridge Commerce Center:

• Total Square footage 29,750 ± SF; Buildings sit on 4.2 acres MOL C2 zoning
• Building 1 – 10,500 ± SF
• Building 2 – 10,500 ± SF
• Building 3 – 8,750 ± SF

• All rent totals shown include state sales and use tax
• All renters pay an additional prorated portion of real estate tax based on sq.’ footage occupied.
• 100% Occupancy for last 15 years
• $5.53 Average rental per sq. foot per year is considerably under market.
• Also have county-approved plans to Condo all 3 buildings in 25’ wide sections. 7 units per building

Cap Rate: 6.22%; More financials are available upon request.

• 4.2 Acres Directly on US Highway 301 intersection
• 3 Buildings totaling 29,750 SF of Retail Showroom, Office and Warehouse
• Located on the corner of Sky Ridge Circle and US 301, the major N-S commercial corridor
• Booming area of SE Pasco County, in North Tampa Bay area
• 100% Occupancy for decades
• Excellent Physical Condition; new HVAC, Parking resurfaced,
• Excellent Tenants
• Excellent Investment, short-term 5.5% cap rate; and huge appreciation in this area (more financials upon request) .

For more information please visit: SVN Saunders Ralston Dantzler