15217 Us Highway 19, Hudson, FL 34667
- $499,000
- 1,311
- SqFt
- List Price
- $499,000
- Status
- ACTIVE
- MLS#
- TB8520383
- Living Area
- 1,311
- Subdivision
- Gulf Side Estates Second Add
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.
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Additional Information
- Year Built
- 1977
- Construction
- Block
- Living Area
- 1,311
- Acres
- 0.34
- Cooling
- Office Only
- Parking
- Secured
- Stories
- 1
Listing courtesy of SAUNDERS REAL ESTATE, LLC.
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