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Lennox Industries 12109 Canton Ave 7,800 SF Industrial Building Hudson, FL 34669 $2,720,187 CAD ($348.74 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • SUBSIDIARY OF INVESTMENT GRADE PARENT
  • PASSIVE LEASE WITH MINIMAL LANDLORD FINANCIAL RESPONSIBILITY
  • ADDITIONAL REVENUE STREAM | RAPIDLY EXPANDING MARKET
  • 2019 CONSTRUCTION WITH MAJOR 2022 RENOVATION
  • 3.00%/4.00% ANNUAL INCREASES WITH PROTECTED FAIR MARKET OPTIONS
  • HIGHLY SOUGHT AFTER STATE OF FLORIDA INVESTMENT OPPORTUNITY | IDEAL 1031 EXCHANGE OPPORTUNITY

EXECUTIVE SUMMARY

Northmarq Commercial, on behalf of ownership, is pleased to present the exclusive opportunity to acquire a 100% fee simple interest in the Lennox Industries property located at 12109 Canton Avenue in Hudson, Florida (the “Property”). Positioned just off of Florida Highway 52, the Property is roughly 30 miles northeast of downtown Tampa and within five miles of the Gulf Coast. It sits in Pasco County, Florida’s 11th-most populous and among the state’s fastest growing counties. Pasco County has nearly 600,000 residents today which represents a more than 15% increase since 2020. Population is expected to increase an additional 25% by 2045 and could surpass one million by 2050 with the workforce more than doubling over current levels as people continue to flock to the area.

PROPERTY FACTS

Price $2,720,187 CAD
Price Per SF $348.74 CAD
Sale Type Investment
Cap Rate 6%
Property Type
Industrial
  • Industrial Distribution
  • Industrial Manufacturing
Building Class B
Lot Size 0.85 AC
Rentable Building Area 7,800 SF
No. Stories 1
Year Built/Renovated 2019/2022
Tenancy Single
Parking Ratio 0.77/1,000 SF
Clear Ceiling Height 20’
Zoning C-2 - C2 zoning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Manufacturing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Lennox International (LII) is a leading global provider of innovative climate control solutions for heating, ventilation, air conditioning, and refrigeration (HVACR) markets. Beginning over a century ago, Lennox International has built a strong heritage of Innovation and Responsibility. Their position as an innovation leader continually inspires them to promote more efficient energy use and a healthier environment through their product operations. Their engaged and diverse workforce is committed to providing climate control solutions that provide the most value and comfort for their customers. They are proud to have instilled a shared sense of responsibility and commitment among their thousands of employees located throughout North America, South America, Europe, Asia, and Australia. Lennox is also publicly traded on the NYSE and has paid steady dividends on profits.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Manufacturing 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-25-16-0090-01900-0010
Land Assessment
$79,857 CAD
Improvements Assessment
$957,393 CAD
Total Assessment
$1,037,249 CAD
  • Listing ID: 38731887

  • Date on Market: 2025-12-10

  • Last Updated:

  • Address: 12109 Canton Ave, Hudson, FL 34669

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