$3,600,000

10011 Water Works Lane

RIVERVIEW FL, 33578

Description

Attractive, Profitable, Stable, Fully Leased 4 building complex is the heart of Riverviews busiest commercial corridor. Oak shaded 2.7 acre mol parcel with just under 200 of frontage located on the on the south side of Gibsonton Drive between I-75 and US 301 in Riverview. Seller has made every effort to keep property in like new condition. Currently 100% occupied and never a wait for new tenants as vacancies occur, which is very seldom. Tenant population is very diverse. Ideally situated in one of the regions most attractive business centers. Projected CAP for 2019 is a healthy 7.69% with avenues open for additional value. Further financial information is available subject to receipt of a signed confidentiality agreement. 3 buildings with 4512 heated square feet and a 4th measuring 4342 heated square feet. Typical unit floorplans are approx 850 - 1250 sq ft. As of October 2019, all roofs replaced within the past 2 years. Total overall is 20,182 square feet. Access I-75 in seconds with easy access to Tampa, Bradenton, St. Pete and all points north.

Details

MLS#T3201185
StyleIndustrial
Sub-TypeResale
StatusActive
Year2006
Days On Site70

Features

SQ Feet20,182
Story(s)1

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Area Information

StateFL
CountyHillsborough
CityRIVERVIEW
Zip Code33578
Area33578 - Riverview
Listing VS Median (in 33578)
Price:
$3,600,000
low | high
Med:
$217,900
100% of Average
SqFt:
20,182
low | high
Med:
1,551
100% of Average
$ / SqFt:
$178
low | high
Med:
$140
71.239741385486% of Average
On Site:
70
low | high
Med:
21
100% of Average
Listing Updated: 12/04/2019
MLS Number: T3201185
Listing Provided By:
Michael Ginty  of  RE MAX REALTY UNLIMITED

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