16162 flight path dr. sale brochure · 2018. 3. 27. · presented by: frank grimaldi, sr. - (813)...

PRESENTED BY: FRANK GRIMALDI, SR. - (813) 245-1124

Grimaldi Commercial Realty Corp • 115 W Bearss Ave • Tampa, FL 33613 • 813.882.0884grimaldicommercialrealty.com

Brooksville, FL 34604

16162 FLIGHT PATH DR.

Kari L. Grimaldi/ [email protected]

INDUSTRIAL PROPERTY FOR SALE

https://www.grimaldicommercialrealty.com/index.php

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Grimaldi Commercial Realty Corp. has not verified, and will not verify, any ofthe information contained herein, nor has Grimaldi Commercial Realty Corp. conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding

the accuracy or completeness of the information provided. All potential buyers and tenants must take appropriate measures to verify all of the information set forth herein.


PROPERTY OVERVIEW

Industrial property conveniently located on 2.42 acres in theHernando County Airport Industrial Park, a 155 acre industrialpark in an unincorporated area of Hernando County inBrooksville, FL. It's location has Hernando Beach to the west, theCity of Brooksville to the east, and Spring Hill to the immediatesouth. Tampa is located to the south via the Suncoast Parkway(35 m to the downtown area), US Highway 41, and Interstate 41.One mile to the Suncoast Parkway, one of the area's primarynorth-south thoroughfares.

The property is a light industrial building of masonry-steel frameconstruction, with 30,000 sf climate-controlled warehouse/distribution space with 14' ceiling height, 2 dock-high doors andone drive-up ramp. Property has 4' chain link fence. TheTampa-St. Petersburg-Clearwater MSA is consistently ratedamong the nations most popular emerging businessdestinations and a major factor in the southeast United States'expansion over the last two decades. In 2014, KPMG declaredTampa to be the sixth most economical city to do business inthe country and Expansion Management dubbed Tampa the 9thbest American city for business relocation. The region alsoranked 12th in the Milken Institute's "Best Performing Cities:where Americas jobs are created and sustained."Approximately 150 businesses operate from the park. Notabletenants include Fed Ex, Pro Mation Engineering, InterconnectCable and Technology Corporation, Dynamic Pharmaceuticals,VC Technologies, Micromatic USA and Lifeline Medical.Healthcare and recreational amenities in the area is quiteabundant and continues to grow.

There is a ground lease with the Hernando County Airport at alow rate of 9.5 cents per SF.

Two additional properties also available for sale in this park:

2381 Circuit Way: 29,260 SF Full-Climate Controlled Warehouse

16228 Flight Path Dr.: 65,270 SF Full-Climate ControlledWarehouse

16162 FLIGHT PATH DR.Brooksville, FL 34604

PROPERTY DESCRIPTION




OFFERING SUMMARY

Sale Price: $1,500,000

Lot Size: 2.42 Acres

Year Built: 1995

Building Size: 30,000 SF

Zoning: Industrial

Price / SF: $50.00

AVAILABLE SPACES

SPACE LEASE RATE LEASE TYPE SIZE (SF)

For Lease Negotiable 0 SF

PROPERTY OVERVIEWIndustrial property conveniently located on 2.42 acres in the Hernando CountyAirport Industrial Park, a 155 acre industrial park in an unincorporated area ofHernando County in Brooksville, FL. It's location has Hernando Beach to thewest, the City of Brooksville to the east, and Spring Hill to the immediate south.Tampa is located to the south via the Suncoast Parkway (35 m to the downtownarea), US Highway 41, and Interstate 41. One mile to the Suncoast Parkway, oneof the area's primary north-south thoroughfares.

The property is a light industrial building of masonry-steel frame construction,with 30,000 sf climate-controlled warehouse/distribution space with 14' ceilingheight, 2 dock-high doors and one drive-up ramp. Property has 4' chain linkfence. The Tampa-St. Petersburg-Clearwater MSA is consistently rated amongthe nations most popular emerging business destinations and a major factor inthe southeast United States' expansion over the last two decades. In 2014,KPMG declared Tampa to be the sixth most economical city to do business inthe country and Expansion Management dubbed Tampa the 9th best Americancity for business relocation. The region also ranked 12th in the MilkenInstitute's "Best Performing Cities: where Americas jobs are created andsustained."


EXECUTIVE SUMMARY-PRESENTED BY FRANK GRIMALDI, SR




Property Address: 16162 Flight Path Dr., Brooksville, FL

34604

Property Type: Industrial

APN: R13-223-18-2393-0000-0290

Lot Size: 2.42 AC

Building Size: 30,000 SF

Zoning: Industrial

Rail Access: N/A

Parking Spaces: 70

Parking Ratio: 2.39

Year Built: 1995

Number of Stories: 1

Industrial property conveniently located on 2.42 acres in the Hernando County Airport Industrial Park, a 155 acre industrial park inan unincorporated area of Hernando County in Brooksville, FL. It's location has Hernando Beach to the west, the City of Brooksvilleto the east, and Spring Hill to the immediate south. Tampa is located to the south via the Suncoast Parkway (35 m to the downtownarea), US Highway 41, and Interstate 41. One mile to the Suncoast Parkway, one of the area's primary north-south thoroughfares.

The property is a light industrial building of masonry-steel frame construction, with 30,000 sf climate-controlled warehouse/distribution space with 14' ceiling height, 2 dock-high doors and one drive-up ramp. Property has 4' chain link fence. The Tampa-St.Petersburg-Clearwater MSA is consistently rated among the nations most popular emerging business destinations and a majorfactor in the southeast United States' expansion over the last two decades. In 2014, KPMG declared Tampa to be the sixth mosteconomical city to do business in the country and Expansion Management dubbed Tampa the 9th best American city for businessrelocation. The region also ranked 12th in the Milken Institute's "Best Performing Cities: where Americas jobs are created andsustained."

There are approximately 150 businesses operating from the park. Notable tenants include Fed Ex, Pro Mation Engineering,Interconnect Cable and Technology Corporation, Dynamic Pharmaceuticals, VC Technologies, Micromatic USA and Lifeline Medical.Healthcare and recreational amenities in the area is quite abundant and continues to grow.

There is a ground lease with the Hernando County Airport at a low rate of 9.5 cents per SF.

Two additional properties also available for sale in this park:

2381 Circuit Way: 29,260 SF Full-Climate Controlled Warehouse

16228 Flight Path Drive: 65,270 SF Full-Climate Controlled Warehouse


PROPERTY DETAILS & HIGHLIGHTS




SALE HIGHLIGHTS• Fully Climate-controlled

• Loading Platform,2 dock-high doors and one

drive-up ramp


COMPLETE HIGHLIGHTS





LOCATION MAPS




1 MILE 5 MILES 10 MILES

Total population 1,423 50,244 158,618

Median age 36.4 43.2 46.4

Median age (male) 37.1 42.9 45.1

Median age (female) 34.7 44.0 47.8

1 MILE 5 MILES 10 MILES

Total households 418 19,061 64,501

Total persons per HH 3.4 2.6 2.5

Average HH income $67,644 $61,254 $52,804

Average house value $187,622 $197,837 $178,719

* Demographic data derived from 2010 US Census


DEMOGRAPHICS REPORT





AERIAL MAP



PROFESSIONAL BIOGRAPHY

Frank Grimaldi, Sr. is the Founder and CEO of Grimaldi Commercial Realty Corp.and a pillar of the Tampa Bay Community. He started Grimaldi CommercialRealty Corp. in 1975. With over 40 years as a commercial Broker, he hasexperience in every aspect of commercial real estate including specializing in:

• Creative Seller Financing• Sales & Leasing• Asset Management• Multi Million Dollar Transactions• Land & Community Development• Value Analysis• Economic/Urban Development• Retail• Office• Industrial• Multi-family

Being in the Tampa Bay market market for over 40 years, Frank has a vastnetwork of contacts allowing him access to clients purchasing a variety range ofcommercial property types and price points. His experience has allowed him tosuccessfully weather numerous turbulent economies and community changes.Frank takes a hands-on approach to all projects. His philosophy has kept thecompany successfully growing and has empowered him to be one of the mosttrusted names in the Tampa Bay Commercial Real Estate market.

FRANK GRIMALDI, SR.

Founder/CEO


FOUNDER/CEO- LISTING BROKER


COMPANY BIO

Contact your Sales & Leasing Staff at Grimaldi Commercial Realty Corp.

GRIMALDI COMMERCIAL REALTY CORP.COMPANY BACKGROUND AND SERVICES

EST. 1975, EXPERIENCE IS THE DIFFERENCEGrimaldi Commercial Realty Corp. has been serving the Tampa Bay and surrounding areas in Florida since 1975. Our vastexperience and unparalleled knowledge and presence in the local market makes us the professional of choice in commercial realestate and investment properties. We have the Commercial and Investment markets totally unmatched with a team of experiencedagents that specialize in all sectors of the commercial market:

We utilize the latest in technology being affiliated with over 40+ local, national, and international commercial marketing sites to aggressively market andmove our listings to closing quickly.

Grimaldi Commercial Realty Corp. performs a careful assessment of each client’s needs before creating the perfect andspecialized marketing plan for each property. Our philosophy of continuing hands-on involvement throughout the entire processhas led to continued success and growth since 1975. One of Tampa Bay’s premier and acknowledged commercial real estateexperts, Grimaldi Commercial Realty Corp. provides a personalized and professional service approach with a history of long-termclient relationships.

• Seller & Buyer Representation• Landlord & Tenant Representation• Investment & Financial Analysis• Property Valuation• Short sales & Foreclosures

• Property Management• Multifamily and Income Producing Investments• Land Sales & Development• Retail and Office Sales & Leasing• Industrial Sales & Leasing




16162 flight path dr. sale brochure · 2018. 3. 27. · presented by: frank grimaldi, sr. - (813)...

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