$5,150,000
$5,700,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
41,208 SqFt
SOLD DATE : 12/18/2024
Key Details
Sold Price $5,150,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 41,208 sqft
Price per Sqft $124
Subdivision Tricor Indust Sub
MLS Listing ID TB8303299
Sold Date 12/18/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1964
Annual Tax Amount $5,452
Lot Size 2.790 Acres
Acres 2.79
Property Description
9.0% CAP Rate-Clearwater, FL—Cado Technologies Investment Group, a Pinellas County-based private real estate investment firm, offers a five-building (NNN) portfolio. The portfolio includes one anchor tenant, ACTRON Manufacturing of Precision Metals Products and Assemblies Since 1963. It comprises 41,208 square feet across five (05) individual buildings and sits on approximately 2.79 acres. Actron Engineering occupies the subject properties, and the real estate owner is CADO Properties. Real estate lease agreements exist with Actron as lessee and CADO as lessor.
Location
State FL
County Pinellas
Community Tricor Indust Sub
Zoning M-1
Direction N
Interior
Heating Central
Cooling Office Only, Central Air
Flooring Concrete
Appliance Refrigerator
Exterior
Parking Features Over 30 Spaces
Utilities Available BB/HS Internet Capable, Public
Roof Type Metal
Building
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Septic Tank
Water Public
Structure Type Block,Metal Siding,Stucco
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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