Gunn Highway Office/Industrial FOR SALE OR LEASE 1826 Gunn ...

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1826 GUNN HIGHWAY

Gunn Highway Office/Industrial FOR SALE OR LEASE 1826 Gunn Highway, Odessa, Florida 33556

Exclusively Represented By:

D. DEWEY MITCHELL, CCIM Renee’ D. Dyer, CCIM, ALC Raj M. Ravi Prudential Commercial Real Estate FL 20537 Amberfield Drive Land O’ Lakes, FL 34638 (813) 712-3838 Office (813) 949-6505 Facsimile [email protected] [email protected] [email protected] PRUDENTIAL COMMERCIAL REAL ESTATE FL

1826 GUNN HIGHWAY

TABLE OF CONTENTS I.

Executive Summary

II.

Property Details

III.

Maps and Photos

IV.

Legal Description

V.

Demographics

Confidentiality Agreement & Disclaimer This will serve as notice regarding the use of certain material, data and information contained herein (“Evaluation Material”) which we have made available to you in connection with a possible purchase of the property by you or your client. As a prerequisite to your accepting and utilizing the Evaluation Material, you hereby represent and agree as follows: The Evaluation Material furnished by us will be used solely for evaluating a possible transaction exclusively for your properly registered client’s own account, as principal in the transaction. In no event will you or any other person or entity be recognized as a cooperating broker unless you/they have been properly registered and accepted by us on our registration and confidentiality form. Therefore, you agree to keep all Evaluation Material strictly confidential; provided however, that any of such Evaluation Material may be disclosed to your properly registered client’s directors, officers or employees as well as your properly registered client’s counsel, accounting firms and financial institution who need to know such information of the purpose of assisting you with your possible purchase of the Property. Such directors, officers employees, lawyers, financial institutions and accountants shall be informed by you of the confidential nature of such information and shall be directed by you to treat such information with strict confidence. Although we have endeavored to include in the Evaluation Material, information which we believe to be accurate and relevant for the purpose of helping you in your evaluation of the Property for possible purchase, you understand and acknowledge that neither the Owner of the Property nor Prudential Commercial Real Estate FL (“Agent”) make any representation or warranty as to the accuracy or completeness of the Evaluation Material except as set forth in a definitive agreement. You agree that neither the Owner nor the Agent shall have any liability to you as a result of your use of the Evaluation Material except as set forth in a definitive agreement and it is understood that you are expected to perform such due diligence investigations and inspections of the Property as you deem necessary or desirable and as permitted by agreement with the Owner of the Property. Neither Agent nor the Owner is responsible for any compensation to be paid to your broker or agent whatsoever unless agreed to in writing by Prudential Commercial Real Estate FL on our form. Additionally, you agree and acknowledge that we are not responsible for misstatement of facts, errors or omissions, prior sale or withdrawal of the property from the market without notice. By keeping the Evaluation Material for any purpose, you thereby agree to these provisions and we will proceed accordingly. In the event that you are not able to agree to these terms, please return the Evaluation Material to us immediately.

PRUDENTIAL COMMERCIAL REAL ESTATE FL

1826 GUNN HIGHWAY

I. EXECUTIVE SUMMARY Located along the east side of Gunn Highway, this property is located within the Suncoast Industrial Park. The building consists of approximately 27,500± sq. ft. of which 6,000± sq. ft. is air conditioned office space. This location presents easy access to the Tampa Bay area. It is also in close proximity to major roads such as State Road 54, the Suncoast Parkway, US Highway 19, I-75, and Little Road. From State Road 54, turn south onto Gunn Highway. The subject property is located ½± mile south of State Road 54 on the east side of Gunn Highway at 1826 Gunn Highway.

PRUDENTIAL COMMERCIAL REAL ESTATE FL

“Stable growth continues for the area”

1826 GUNN HIGHWAY

II.

PROPERTY DETAILS

Address:

1826 Gunn Highway Odessa, FL 33556

Location:

The subject property is located on the east side of Gunn Highway, just south of the Gunn Highway/SR 54 intersection and near the Suncoast Parkway in growing West Pasco County, Florida.

Building:

The building consists of approximately 27,500± sq. ft. of which 6,000± sq. ft. is air conditioned office space with 2 bathrooms. There is 21,500± sq.ft. of warehouse space with 2 bathrooms, 4 overhead doors and ceiling heights ranging from 16± ft. to 18± feet. The building is equipped with 3 Phase electric and 1,200± Amps.

Year Built:

2000

Lot:

This building is located within the Sunocast Industrial Park consisting of 4 building lots. 3 of the lots have improved buildings, while 1/2 of the remaining vacant lot is currently leased to Pro Tech Monitoring for excess parking. This lot will be parceled out and an Owner’s Association will be formed prior to closing

Access:

Access is via Gunn Highway.

Flood Zone:

This property is located with flood zone X, as designated by the National Flood Insurance Program’s F.I.R.M. The flood zone “X” designation indicates areas outside of the 100year flood area.

Zoning:

I-1, Light Industrial Park District, Pasco County

Land Use:

IL- Industrial Light, Pasco County

Utilities:

Water: Sewer: Electricity:

There is a 12-inch water line to the property. There is an 8-inch force main to the property. Tampa Electric Company

Highest & Best Use:

Office/Warehouse

Parcel ID #:

A portion of Parcel ID# 34 26 17 0000 00100 0012

PRUDENTIAL COMMERCIAL REAL ESTATE FL

“Ideally located near the Suncoast Parkway on Gunn Highway”

1826 GUNN HIGHWAY

Legal Description:

Lengthy (see Section IV)

Ownership:

Paladin Properties, LLC

Price:

For Sale: $1,375,000 For Lease: $4.50 per Sq. Ft. Modified Gross

Contact:

D. DEWEY MITCHELL, CCIM, RENEE’ D. DYER, CCIM, ALC RAJ M. RAVI Prudential Commercial Real Estate FL 20537 Amberfield Drive Land O’ Lakes, FL 34638 (813) 712-3838 Office (813) 949-6505 Facsimile [email protected] [email protected] [email protected]

PRUDENTIAL COMMERCIAL REAL ESTATE FL

“Office or Warehouse Uses”

1826 GUNN HIGHWAY

LEGAL DESCRIPTION

Legal Description 34-26-17-0000-00100-0012 Assessed in Section 34, Township 26 South, Range 17 East Pasco County, Florida COM AT NW COR OF NE1/4 OF SECTION 34 TH S89DEG29' 44"E 79.43 FT ALG NORTH BDY OF NE1/4 TO EAST RIGHT-OF-WAY LINE OF GUNN HWY (SR 587) TH CONT ALG SAID NORTH BDY S89DEG 29' 44"E 930.18 FT TH S00DEG 05' 06"E 667.34 FT FOR POB TH CONT S00DEG05' 06"E 643.40 FT TH N89DEG21' 43"W 443.23 FT TH N00DEG05' 06"W 350.00 FT TH N89DEG21' 43"W 357.83 FT TO A POINT ON EAST R/W LINE OF GUNN HWY (STATE RD 587) TH CONT ALG SAID EAST RIGHT-OF- WAY LINE NLY 293.99 FT TH ALG ARC OF CURVE BEARING LEFT RAD 1677.02 FT TH S89DEG21' 43"E 809.13 FT TO POB OR 6321 PG 1684 Please be advised that our legal descriptions are for assessment purposes only, and are not intended for use in legal conveyances. Pasco County Property Appraiser

ABOVE LEGAL DESCRIPTION INCLUDES ENTIRE DEVELOPMENT. PLEASE NOTE THAT FINAL LEGAL DESCRIPTION SHALL BE DETERMINED BY SURVEYOR.