4747 28th Street North, Saint Petersburg, FL 33714 - industrial property

Detailed information about industrial property which situated in Saint Petersburg (33714) city, Florida state on 4747 28th Street North.

Additional Information: This offering, in the "Joe's Creek Industrial Area", consists of 2 adjoining buildings on the corner of 28th St. No. and 48th Ave. No. plus a remote parking lot (Zoned R-3) on the northside of 48th Ave. The location is near the 54th Ave. No. and I-#275 exit. The Eastern Building faces 28th Street No. and contains 3,088 gross sq. ft. and has a small two story section for offices. The Western building faces 48th Ave. is a two story structure and contains 4,800 gross sq. ft. The second floor has been used for offices with the first floor containing the production/warehouse area. The current gross lease of 5,488 sq. ft. @ $5.00 a sq. ft. ($2,286.67 a month plus sales tax) is projected to produce approximatley $17,500 in annual “Net Operating Income” or a “6% Cap Rate”. The tenant will vacate the property with 4 months notice. Each building has a dock high roll up door. Additional information (flyer and floor plans) may be found under attachments