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4106 US Highway 41 N 3,693 SF Industrial Building Palmetto, FL 34221 $1,488,302 CAD ($403.01 CAD/SF) 6.29% Cap Rate
Investment Highlights
- ±3,700 SF industrial building on ±0.50 acres of land
- National tenant occupancy
- Excellent US 41 frontage and visibility
- New 5-year NNN lease in place
- Tenant maintains BBB+ credit rating + A- Japanese credit rating
- Convenient access to I-275, I-75, and US 41
Executive Summary
American Property Group presents 4106 US 41 N, Palmetto, FL 34221
Property Type: Industrial Investment Property
Building Size: ±3,700 SF
Lot Size: Over ±0.50 Acres
Secure a stabilized investment opportunity with a strong national tenant in place. This industrial property is being offered for sale subject to a newly executed five-year NNN lease, providing investors with dependable cash flow and long-term occupancy.
Situated on over half an acre along highly traveled US 41 North, the property benefits from exceptional visibility and exposure to approximately 25,000 vehicles per day. The ±3,700 SF industrial building is strategically positioned within one of Palmetto's primary commercial corridors, offering convenient access throughout Manatee County and the greater Tampa Bay region.
The tenant is backed by strong credit metrics, including a BBB+ credit rating and an A- Japanese credit rating, providing additional confidence for investors seeking a secure, passive investment opportunity.
Property Type: Industrial Investment Property
Building Size: ±3,700 SF
Lot Size: Over ±0.50 Acres
Secure a stabilized investment opportunity with a strong national tenant in place. This industrial property is being offered for sale subject to a newly executed five-year NNN lease, providing investors with dependable cash flow and long-term occupancy.
Situated on over half an acre along highly traveled US 41 North, the property benefits from exceptional visibility and exposure to approximately 25,000 vehicles per day. The ±3,700 SF industrial building is strategically positioned within one of Palmetto's primary commercial corridors, offering convenient access throughout Manatee County and the greater Tampa Bay region.
The tenant is backed by strong credit metrics, including a BBB+ credit rating and an A- Japanese credit rating, providing additional confidence for investors seeking a secure, passive investment opportunity.
Property Facts
| Price | $1,488,302 CAD | Building Class | C |
| Price Per SF | $403.01 CAD | Lot Size | 0.57 AC |
| Sale Type | Investment | Rentable Building Area | 3,693 SF |
| Cap Rate | 6.29% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1957 |
| Property Subtype | Warehouse | Tenancy | Single |
| Zoning | HC - heavy commercial | ||
| Price | $1,488,302 CAD |
| Price Per SF | $403.01 CAD |
| Sale Type | Investment |
| Cap Rate | 6.29% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.57 AC |
| Rentable Building Area | 3,693 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Tenancy | Single |
| Zoning | HC - heavy commercial |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 22789-0000-2 | Improvements Assessment | $152,247 CAD |
| Land Assessment | $133,845 CAD | Total Assessment | $286,092 CAD |
Property Taxes
Parcel Number
22789-0000-2
Land Assessment
$133,845 CAD
Improvements Assessment
$152,247 CAD
Total Assessment
$286,092 CAD
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4106 US Highway 41 N
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