16550 Scheer Blvd
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16550 Scheer Blvd
15,700 SF 64% Leased Industrial Building Hudson, FL 34667 £1,754,940 (£112/SF)
Investment Highlights
- Located on the West Coast of Pasco County.
- Property sits on 1.45 acres.
- 15' clear height.
- 10 grade level doors.
Executive Summary
JLL is pleased to bring 16550 Scheer Blvd in Hudson, Florida to the market for sale. Originally purchased in 2000, this multi-tenant small-bay industrial product located on the West Coast of Pasco County features five (5) total suites, four (4) of which are currently leased and occupied with 2.19 years of WALT remaining.
Built in 1988, this hyper-infill small bay industrial product caters to both local and national occupiers, hence the diverse tenant-base anchored by two National Tenants. This opportunity is unique in the fact that it allows for the potential investor to buy into a supply-constrained market and capitalize on an 80.90% stabilized asset with short WALT remaining. The opportunity to fill the rare and recent vacancy also allows for the investor to boost Year 1 NOI with an underwritten market rate of $12.75/SF NNN with little down time in a supply constrained market.
Built in 1988, this hyper-infill small bay industrial product caters to both local and national occupiers, hence the diverse tenant-base anchored by two National Tenants. This opportunity is unique in the fact that it allows for the potential investor to buy into a supply-constrained market and capitalize on an 80.90% stabilized asset with short WALT remaining. The opportunity to fill the rare and recent vacancy also allows for the investor to boost Year 1 NOI with an underwritten market rate of $12.75/SF NNN with little down time in a supply constrained market.
Property Facts
| Price | £1,754,940 | Rentable Building Area | 15,700 SF |
| Price Per SF | £112 | Number of Floors | 1 |
| Sale Type | Investment | Year Built | 1988 |
| Property Type | Industrial | Parking Ratio | 1.32/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15 ft |
| Building Class | C | Level Access Doors | 10 |
| Lot Size | 1.45 AC |
| Price | £1,754,940 |
| Price Per SF | £112 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.45 AC |
| Rentable Building Area | 15,700 SF |
| Number of Floors | 1 |
| Year Built | 1988 |
| Parking Ratio | 1.32/1,000 SF |
| Clear Ceiling Height | 15 ft |
| Level Access Doors | 10 |
Amenities
- 24 Hour Access
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl - 2
- 3,000 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 2 | 3,000 SF | Industrial | - | Now |
| 1st Fl - 4 | 2,600 SF | Industrial | Shell Space | Now |
1st Fl - 2
| Size |
| 3,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 4
| Size |
| 2,600 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Now |
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1st Fl - 4
| Size | 2,600 SF |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
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PROPERTY TAXES
| Parcel Number | 13-24-16-0090-00000-0540 | Improvements Assessment | £337,015 |
| Land Assessment | £147,170 | Total Assessment | £484,185 |
PROPERTY TAXES
Parcel Number
13-24-16-0090-00000-0540
Land Assessment
£147,170
Improvements Assessment
£337,015
Total Assessment
£484,185
zoning
| Zoning Code | I-1 (Industrial Light) |
| I-1 (Industrial Light) |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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16550 Scheer Blvd
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