2.7 Acres in Hillsborough County

/property/2_7_Acres_in_Hillsborough_County-9921758/ 10011 WATER WORKS LANE Riverview FL 33578  |  Hillsborough County, FL
  • $3,600,000
  • 2.7 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
MLS ID: MFRMLSFL
Irrigated: No
Residence: Yes
Property ID: 9921758

Property 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.

Copyright 2020 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property Map


Driving Directions

Gibsonton Drive to Water Works Lane on south side of street just east of I-75

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MICHAEL GINTY

RE/MAX REALTY UNLIMITED

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MICHAEL GINTY

RE/MAX REALTY UNLIMITED

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