Vice President

Cameron Montgomery

Executive Managing Director

Bobby Isola

Matt Sullivan

Vice President, Brokerage

Tim Lisy

Managing Director

Robert Tamillo

Located along the bustling SE US Highway 19 corridor in Crystal River, Florida, this premier industrial property offers a unique investment opportunity backed by a long-term lease with Rentokil North America, Inc.—an established NYSE-listed company with investment-grade BBB credit ratings from both S&P and Fitch. This 2.06-acre site spans two parcels, including the address at 1239 La Jolla, and benefits from CH zoning, making it highly adaptable for Industrial Outdoor Storage (IOS) applications. The property’s strategic location in Hernando County positions it for maximum visibility and seamless accessibility, contributing to its value as a secure, income-generating asset. Featuring a 7-year sale-leaseback agreement with the tenant, this offering delivers both immediate and steady cash flow, underpinned by the tenant’s strong financials and industry presence. Its zoning and parcel configuration make it a versatile solution for a variety of industrial needs, including storage, logistics, and distribution functions. Investors seeking stability, and potential upside in one of Florida’s growing markets, will find this asset to be a compelling addition to any portfolio. Capitalize on this rare industrial investment opportunity supported by a trusted national tenant and optimal acreage for business operations.

lease description

7 year sale-leaseback guaranteed by Rentokil North America, Inc. (NYSE:RTO). Investment-grade BBB credit rating from S&P and Fitch

2.06 acres (2 parcels including 1239 LaJolla)

Zoned CH

Ideal for IOS

Washington, D.C.

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Sale - Office - Additional Filters

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Rent - Retail - Additional Filters

title="Size"
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Default - Office - Surface

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Rent - Multifamily - Additional Filters

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Rent - Default - Price

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Sale Additional Filter

Rent Additional Filters

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Sale - Industrial - Additional Filters

Rent - Office - Additional Filters

Sale - Retail - Additional Filters

Rent - Industrial - Additional Filters

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title="Building Class"
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[[propertySubTypes.options]]
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Sale - Multifamily - Additional Filters

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Default - Default- Additional Filters

title="Size"
disclaimer=""
[[metric]]
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[min]
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[max]
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[max.10]
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Default - Land - Lot Size

title="Size"
disclaimer=""
[[metric]]
key = "feet"
tabLabel = "SF"
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[min]
[min.50]  
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[min.500]
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[min.2000]
  feet="2,000"
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[min.5000]
  feet="5,000"
  value=5000
[min.7000]
  feet="7,000"
  value=7000
[min.10000]
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  value=10000
[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
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[min.70000]
  feet="70,000"
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[min.100000]
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  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
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Default - Default - Surface

title="Price"
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unitLabel=" "
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Default - Default - Price

Broker Inquiry

DisclaimerJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Your access to and use of this Site is subject to the following&nbsp;<a href="https://www.us.jll.com/en/terms-of-service" target="_blank">Terms of Use</a>.We are committed to keeping the personal information entrusted to us, with the appropriate level of security, and as long as we deem it necessary for any professional or legal reason. We will then delete your data securely and safely. For more information on how JLL processes your personal data, please see our&nbsp;<a href="https://www.us.jll.com/en/privacy-statement" target="_blank">Privacy Statement</a>.

2020 SE US Highway 19

lease description

Location

Floor plan

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