15217 HwyHudson, FL 34667

Property Details for 15217 Hwy

Lot size

0.34 AC

Property size (Sq ft)

1,311 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This 1,311 square foot auto shop, located at 15217 U.S. Hwy 19 in Hudson, Florida, presents a compelling investment opportunity. Situated on a 0.34-acre lot with 100 feet of frontage on US Highway 19, the property boasts a strong 8.2% cap rate. The single-story wood-frame building, constructed in 1977, is currently zoned 00C2 (Pasco County) and is ideal for vehicle sales, detailing, or repair. The asking price is $440,000, with a price per square foot of $335.62. The current lease is a NNN lease with approximately 5 years remaining, generating an annual rent of $36,000, subject to 5% annual escalations. This property offers significant potential for investors seeking a strong return in a high-traffic location. The property's size and highway frontage make it highly visible and easily accessible to customers. The existing lease provides immediate cash flow, while the strong cap rate and potential for future rent increases offer long-term value appreciation. This is a rare opportunity to acquire a well-located, income-producing commercial property in a growing market. Don't miss out on this exceptional investment opportunity.

Location Insight

City

Hudson

County

Pasco

State

Florida

Latitude

28.3785

Longitude

-82.6804

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