15217 Us Highway 19, Hudson, FL 34667

$499,000
1,311
SqFt

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List Price
$499,000
Status
Active
Days on Market
58
MLS#
TB8520383
Property Style
Business
Year Built
1977
Living Area
1,311
Lot Size
15,000
Acres
0.34
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Gulf Side Estates Second Add
MLS Area Major
Hudson/Bayonet Point/Port Richey

Property Description

A premier, fully-occupied passive investment opportunity in Hudson, Florida. This 0.34 acre site features a 1,311 SF building with a two-bay automotive service garage. The property features 100 feet of direct US-19 frontage (40,000 AADT) and has a dedicated turn lane. The asset is secured by a 7-year absolute NNN lease (through November 2032), leaving the landlord with zero expense obligations as the tenant covers all taxes, insurance, and maintenance. Featuring an annual NOI of $42,000 (year 1) with 3% annual increases and priced at an 8.42% CAP rate, this is a prime passive investment opportunity along a major Florida growth corridor.

Additional Information

Community Features
No Deed Restriction
Zoning
C2
Air Conditioning
Office Only
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Garage Features
Secured

Listing courtesy of SAUNDERS REAL ESTATE, LLC. 863-648-1528

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