10431 n. 72nd st. - loopnet

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LARGO FLORIDA 10431 N. 72ND ST. PROPERTY DESCRIPTION 10431 72nd Street consists of a free standing, single-story flex building totaling approximately 27,400 square feet sitting on 2.76 acres located on 72nd Street. Arterial access is via Bryan Dairy Road just east of South Belcher Road and west of 66th Street North. The building was erected in 1983 with masonry/stucco exterior walls, steel truss and purlins and metal framing. It has an average parking ratio of 2.85 spaces per 1,000 square feet (not including space in front of grade level and truck level dock doors and green space). The Property has a current finish ratio of approximately 75% office to 25% warehouse and features a clear height of 14’ ceilings, 1 truck well dock, 1 grade level dock, fully sprinkled and air conditioned space. FOR SALE: $2,300,000 ($84.97/ SF) HIGHLIGHTS Asking: $2,300,000 Low submarket vacancy Premium location - Centrally located in Pinellas County 100% Air conditioned 3-phase power Generator back-up New roof in 2014 Grade and truck well loading Zoning - M-1 OFFERING OFFICE SERVICE CENTER OR LIGHT MANUFACTURING USERS

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Page 1: 10431 N. 72ND ST. - LoopNet

LARGO FLORIDA

10431 N. 72ND ST.

PROPERTY DESCRIPTION10431 72nd Street consists of a free standing, single-story flex building totaling approximately 27,400 square feet sitting on 2.76 acres located on 72nd Street.

Arterial access is via Bryan Dairy Road just east of South Belcher Road and west of 66th Street North.

The building was erected in 1983 with masonry/stucco exterior walls, steel truss and purlins and metal framing.

It has an average parking ratio of 2.85 spaces per 1,000 square feet (not including space in front of grade level and truck level dock doors and green space).

The Property has a current finish ratio of approximately 75% office to 25% warehouse and features a clear height of 14’ ceilings, 1 truck well dock, 1 grade level dock, fully sprinkled and air conditioned space.

FOR SALE:

$2,300,000($84.97/ SF)

HIGHLIGHTS • Asking: $2,300,000• Low submarket vacancy• Premium location - Centrally located

in Pinellas County• 100% Air conditioned• 3-phase power• Generator back-up• New roof in 2014• Grade and truck well loading• Zoning - M-1

OFFERING

OFFICE SERVICECENTEROR

LIGHTMANUFACTURINGUSERS

Page 2: 10431 N. 72ND ST. - LoopNet

DRIVE TIMES4 U.S. Highway 19

10 I-275

12 St. Pete - Clearwater Int’l Airport

23 Downtown Clearwater

25 Downtown St. Petersburg

25 Tampa International Aiport

28 Downtown, Tampa

28 I-4

39 I-75 / I-275 Interchange

50 Bradenton

70 Sarasota

75 Lakeland

Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

IDEALLOCATION

This property is ideally situated in the Pinellas County market of Tampa Bay. It is centrally located with easy access to the MSA’s largest cities including Tampa, St. Petersburg and Clearwater. Additionally, a low submarket vacancy makes this an attractive option for users within the area.

MELANIE JACKSON, CCIM, SIORDirector+1 813 424 [email protected]

JOHN B. JACKSON, CCIMDirector+1 813 424 [email protected]

CUSHMAN & WAKEFIELDOne Tampa City Center, Suite 3300Tampa, FL 33602+1 813 223-6300cushmanwakefield.com

MARKET INFORMATIONFlorida’s economy has undergone a metamorphosis over the past decade, shifting from the tourism industry to the high technology, life sciences, services, and retail/wholesale trade sectors.

Florida’s seasonally adjusted unemployment rate for June 2017 was 4.1%, which is eight-tenths of a percentage point lower than twelve months prior.

From June 2016 to June 2017, Florida gained 238,600 jobs. Florida’s annual job growth rate has exceeded the nation’srate since May 2012.