Status   SOLD  
2900 44th Ave N, St. Petersburg, FL, 33714 United States sold
$1,100,000
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List Date3/13/2011
TypeIndustrial
Lot Size1.3682
Age45
Taxes$22,810.00
Tax Year2010
Description: Industrial Investment Property. Very high quality, 30,000±Sq Ft, Concrete,
Industrial/Manufacturing building with great parking and loading facilities, high ceilings, comfortable offices and a superb, central location in Joe's Creek Industrial Park.

Property attributes
* Offered at a 8.5% Capitalization Rate as a Sale/Lease-back with a new 10 yr. lease and a long-term occupant (since February 2012).
* NOI is $200,000.
* New roof in mid 2016. All HVAC units have been replaced since early 2016.
* New Solar Panel array in early 2016 (this does not convey with the property).
* Concrete block construction with a concrete T-beam roof structure.
* The property was originally built as a robust UPS distribution facility.
* The tenant is Mesh LLC, an established Architectural, Design and Build Services company.
* The property is centrally located in Pinellas County Florida, near St. Petersburg and Tampa in Joe’s Creek Industrial Park with excellent access to US Hwy 19 and Interstate 275.
Exterior Features • Upstairs offices all with full HVAC
• 16' Clear span ceilings
• 8 bay doors (grade level) for ventilation and loading flexibility.
• 400 Amp, 3 Phase power service.
• Originally built by UPS as a distribution center.
• Superb parking with 30 car spaces and plenty of room for loading and storing trucks