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1650 12th St E 12,300 SF Industrial Building Palmetto, FL 34221 $3,026,364 CAD ($246.05 CAD/SF) 5.60% Cap Rate

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EXECUTIVE SUMMARY

For sale is a 12,300 square foot freestanding building situated on approximately one acre of land located in Palmetto, FL. This property is a NNN lease to a strong national tenant, providing investors with a truly passive ownership structure and minimal management responsibilities.
The lease includes 3% annual rent increases, delivering predictable income growth and long-term value appreciation. The expansive site offers excellent visibility, access, and ample parking, further enhancing the tenant’s operational success and long-term commitment to the location.
Contact the listing agent for more information or a private showing.

PROPERTY FACTS

Price $3,026,364 CAD
Price Per SF $246.05 CAD
Sale Type Investment NNN
Cap Rate 5.60%
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 1.04 AC
Rentable Building Area 12,300 SF
No. Stories 1
Year Built 2000
Tenancy Single
Parking Ratio 2.44/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2
Zoning HC, LI - Heavy Commercial / Light Manufacturing

AMENITIES

  • Fenced Lot
  • Security System
  • Reception
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10134-1111-9
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,130,295 CAD
  • Listing ID: 38786545

  • Date on Market: 2025-12-16

  • Last Updated:

  • Address: 1650 12th St E, Palmetto, FL 34221

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