0 US 41 N | Palmetto, FL 34221
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0 US 41 N
Palmetto, FL 34221
Palmetto Portfolio · Property For Sale
Investment Highlights
- Located at the split of US-19 and US-41, less than 5 minutes from I-275.
- NNN lease
Executive Summary
Key Features:
Land: 22,655 square feet of well-positioned industrial land, providing ample room for expansion or future development.
Building: 3,693 square feet of functional building space, suitable for a variety of light industrial uses.
Lease: Secure NNN lease, meaning the tenant is responsible for all property taxes, insurance, and common area maintenance costs. This minimizes risk and simplifies ownership for the investor.
Cap Rate: Attractive average cap rate of 6.14%, indicating a strong potential for consistent income generation.
Additional Details:
Location: Situated in a desirable industrial area of Palmetto, with convenient access to major transportation arteries and a strong local labor pool.
Growth Potential: The spacious land area provides the potential for future expansion or redevelopment, enhancing the property's value. The 1.76 ac+/- parcel directly to the North is also available for purchase as outdoor storage.
Strong Market: Manatee County is one of the fastest growing markets in the country, creating a favorable environment for this investment.
Land: 22,655 square feet of well-positioned industrial land, providing ample room for expansion or future development.
Building: 3,693 square feet of functional building space, suitable for a variety of light industrial uses.
Lease: Secure NNN lease, meaning the tenant is responsible for all property taxes, insurance, and common area maintenance costs. This minimizes risk and simplifies ownership for the investor.
Cap Rate: Attractive average cap rate of 6.14%, indicating a strong potential for consistent income generation.
Additional Details:
Location: Situated in a desirable industrial area of Palmetto, with convenient access to major transportation arteries and a strong local labor pool.
Growth Potential: The spacious land area provides the potential for future expansion or redevelopment, enhancing the property's value. The 1.76 ac+/- parcel directly to the North is also available for purchase as outdoor storage.
Strong Market: Manatee County is one of the fastest growing markets in the country, creating a favorable environment for this investment.
PROPERTY FACTS
| Price / SF | £362.60 / SF | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 3,693 SF |
| Status | Active | Total Land Area | 2.33 AC |
| Number of Properties | 2 |
| Price / SF | £362.60 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 3,693 SF |
| Total Land Area | 2.33 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 0 US 41 N, Palmetto, FL 34221 | Land | 1.76 AC | - | £629,372 |
| 4106 US Highway 41 N, Palmetto, FL 34221 | Industrial | 3,693 SF | 1957 | £783,761 |
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