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44091 US Highway 19 N
Tarpon Springs, FL 34689
Northern Tool + Equipment · Retail Property For Sale
Investment Highlights
- Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the US
- Located inside of dense retail corridor | 2.1M SF within a 2-mile radius
- Large parcel | 2.39 acres
- Great visibility & access from US Highway 19 | 63,000 VPD
- Long operating history | Leased since 2008
- Stable population growth within 1 mile | 10.52% from 2010-2025
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Northern Tool + Equipment in Tarpon Springs, FL. We welcome your review of this attractive investment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,461 SF
Building Class
B
Year Built/Renovated
2008/2022
Price
$5,685,370 CAD
Price Per SF
$223.30 CAD
Cap Rate
8%
NOI
$454,784 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
2.39 AC
Zoning
Commercial
Parking
109 Spaces (4.28 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 06-27-16-00000-120-0200 | Improvements Assessment | $4,802,771 CAD |
| Land Assessment | $1,084,032 CAD | Total Assessment | $5,886,803 CAD |
Property Taxes
Parcel Number
06-27-16-00000-120-0200
Land Assessment
$1,084,032 CAD
Improvements Assessment
$4,802,771 CAD
Total Assessment
$5,886,803 CAD
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