13195 49th St N

• At market rents, the small bay suites generate sufficient income to offset nearly all of the property’s projected operating expenses, including taxes, insurance, repairs and maintenance, and utilities. A buyer can occupy the remaining 20,000 SF for its own operations while the tenant income carries the majority of the property’s operating costs, rather than paying rent to a third-party landlord without building equity.
• The existing small bay tenants pay an average of approximately $11.52/SF gross, compared with projected market rents of $15.00/SF gross. With each lease structured on an annual, auto-renewing basis, a buyer has the flexibility to gradually increase rents and grow annual income from approximately $59,733 to $86,175.
• The available warehouse space is divided into two approximately 10,000 SF sections, giving a buyer the flexibility to occupy the entire 20,000 SF or use one section while leasing the other. Fourteen grade-level doors and 12’–14′ clear heights support efficient access, storage, and daily operations for a range of service and light industrial users.
• The property offers approximately 25,745 SF of masonry industrial space on 1.32 acres in land-constrained Pinellas County. With limited opportunities to acquire comparable owner-user facilities in the Gateway submarket, a buyer can secure long-term control of its operating location while building equity and reducing its exposure to rising industrial rents.
• The property is positioned on 49th St N near Ulmerton Rd in the Gateway submarket, providing central access throughout Pinellas County. The location allows service businesses to efficiently reach Clearwater, Largo, and St. Petersburg while maintaining convenient connectivity to Tampa via the Bayside Bridge, Courtney Campbell Causeway, and I-275. For an operator dispatching crews and trucks daily, this central position creates meaningful operational efficiencies.