16228 FLIGHT PATH DR. INDUSTRIAL PROPERTY FOR SALE. Brooksville, FL Kari L. Grimaldi/ Broker

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1 INDUSTRIAL PROPERTY FOR SALE PRESENTED BY FRANK GRIMALDI, SR. - (813) FLIGHT PATH DR. Grimaldi Commercial Realty Corp 115 W Bearss Ave Tampa, FL grimaldicommercialrealty.com

2 PROPERTY DESCRIPTION PROPERTY OVERVIEW Industrial property conveniently located on 4.19 acres in the Hernando County Airport Industrial Park, a 155 acre industrial park in an unincorporated area of Hernando County in Brooksville, FL. It's location has Hernando Beach to the west, 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 downtown area), US Highway 41, and Interstate 41. One mile to the Suncoast Parkway, one of the area's primary north-south thoroughfares. 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 11 cents per SF. Two additional properties offered for sale in this park: Flight Path Drive: 29,260 SF Warehouse/Office 2381 Circuit Way: 12,500 SF Warehouse/Office LOCATION OVERVIEW Industrial property conveniently located on 4.19 acres in the Hernando County Airport Industrial Park, a 155 acre industrial park in an unincorporated area of Hernando County in Brooksville, FL. It's location has Hernando Beach to the west, 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 downtown area), US Highway 41, and Interstate 41. One mile to the Suncoast Parkway, one of the area's primary north-south thoroughfares.

3 EXECUTIVE SUMMARY PRESENTED BY FRANK GRIMALDI, SR. OFFERING SUMMARY Sale Price: $3,750,000 Cap Rate: 0.0% NOI: $0 Available SF: 65,270 SF Lot Size: 4.19 Acres Year Built: 1986 Building Size: 65,270 SF PROPERTY OVERVIEW The property is a light industrial building of masonry-steel frame construction, with 65,270 flexible sf which includes 11,100 sf of fully climate-controlled office space and warehouse/distribution space. Ceiling heights are 15.5' (low side)to 23.7' middle (high point) in the main building; and 15.4' low side to 16.8' middle (high point) in the materials area of main building; and there are 4 dock-high doors and one drive-up ramp. There are numerous executive offices, conference rooms and break areas. 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 major factor in the southeast United States' expansion over the last two decades. In 2014, KPMG declared Tampa to be the sixth most economical city to do business in the country and Expansion Management dubbed Tampa the 9th best American city for business relocation. The region also ranked 12th in the Milken Institute's "Best Performing Cities: where Americas jobs are created and sustained." Renovated: 1993 Zoning: Industrial Price / SF: $57.45

4 PROPERTY DETAILS & HIGHLIGHTS Property Address: Property Type: APN: Lot Size: Building Size: Zoning: Rail Access: Flight Path Dr., Brooksville, FL Industrial R AC 65,270 SF Industrial N/A Year Built: 1986 Number of Stories: 1 PROPERTY OVERVIEW Conveniently located on 4.19 acres in the Hernando County Airport Industrial Park, a 155 acre industrial park in an unincorporated area of Hernando County in Brooksville, FL. It's location has Hernando Beach to the west, 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 downtown area), US Highway 41, and Interstate 41. One mile to the Suncoast Parkway, one of the area's primary north-south thoroughfares. 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 11 cents per SF. Two additional properties offered for sale in this park: Flight Path Drive: 29,260 SF Warehouse/Office SALE HIGHLIGHTS Fully climate controlled facility. Numerous executive offices, conference rooms and break areas. Production area features painted cement floors, 15.4' low side to 16.8' middle (high point) ceiling height with drop ceilings, four dock high doors and one drive-up ramp. CONTACT FRANK GRIMALDI, SR. FOR MORE INFORMATION 2381 Circuit Way: 12,500 SF Warehouse/Office

5 COMPLETE HIGHLIGHTS SALE HIGHLIGHTS Fully climate controlled facility. Numerous executive offices, conference rooms and break areas. Production area features painted cement floors, 15.4' low side to 16.8' middle (high point) ceiling height with drop ceilings, four dock high doors and one drive-up ramp. CONTACT FRANK GRIMALDI, SR. FOR MORE INFORMATION

6 LOCATION MAPS

7 DEMOGRAPHICS REPORT 1 MILE 5 MILES 10 MILES Total population 1,425 47, ,929 Median age Median age (male) Median age (female) MILE 5 MILES 10 MILES Total households ,005 63,647 Total persons per HH Average HH income $67,523 $61,861 $52,890 Average house value $187,376 $199,993 $179,291 * Demographic data derived from 2010 US Census

8 16228 FLIGHT PATH DR. AERIAL MAP

9 FOUNDER/CEO FRANK GRIMALDI, SR. Founder/CEO 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 Commercial Realty Corp. in With over 40 years as a commercial Broker, he has experience 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 vast network of contacts allowing him access to clients purchasing a variety range of commercial property types and price points. His experience has allowed him to successfully weather numerous turbulent economies and community changes. Frank takes a hands-on approach to all projects. His philosophy has kept the company successfully growing and has empowered him to be one of the most trusted names in the Tampa Bay Commercial Real Estate market.

10 COMPANY BIO GRIMALDI COMMERCIAL REALTY CORP. COMPANY BACKGROUND AND SERVICES EST. 1975, EXPERIENCE IS THE DIFFERENCE Grimaldi Commercial Realty Corp. has been serving the Tampa Bay and surrounding areas in Florida since Our vast experience and unparalleled knowledge and presence in the local market makes us the professional of choice in commercial real estate and investment properties. We have the Commercial and Investment markets totally unmatched with a team of experienced agents that specialize in all sectors of the commercial market: 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 We utilize the latest in technology being affiliated with over 40+ local, national, and international commercial marketing sites to aggressively market and move our listings to closing quickly. Grimaldi Commercial Realty Corp. performs a careful assessment of each client s needs before creating the perfect and specialized marketing plan for each property. Our philosophy of continuing hands-on involvement throughout the entire process has led to continued success and growth since One of Tampa Bay s premier and acknowledged commercial real estate experts, Grimaldi Commercial Realty Corp. provides a personalized and professional service approach with a history of long-term client relationships. Contact your Sales & Leasing Staff at Grimaldi Commercial Realty Corp.