Leased light industrial investment with contractual 3% annual rent increases, providing stable income and long term upside in Dunedin's supply constrained industrial market. Positioned in one of Pinellas County's most supply constrained industrial submarkets, this 3,600 FT light industrial asset in Dunedin offers investors stable income today with built in growth and long term optionality. The property features a functional office/warehouse layout and is currently leased to an established tenant at $4,150/month with 3% annual increases, providing predictable income growth over the remaining lease term. The configuration also allows for potential division into two units, creating future flexibility for multi tenant leasing or partial owner user occupancy. At the current asking price of $950,000, the property offers an estimated 4.45% cap rate with contractual rent growth that increases forward yield over time, making it an attractive core plus industrial hold in a coastal Florida market where industrial inventory remains limited. Industrial assets in Dunedin and the greater Pinellas County market continue to experience strong demand and limited new supply, supporting long term tenant demand and value stability. This opportunity is well suited for: Investors seeking stable income with contractual rent increases. Buyers looking for long term industrial exposure in a high barrier coastal market. Owner users seeking future flexibility while collecting income. With durability tenancy, annual rent growth, and multiple future positioning strategies, this property represents a compelling opportunity to acquire a well located light industrial asset in a market where similar properties rarely become available.