Warehouse For Sale • 25,309 SF
| STRONG SUBMARKET FUNDAMENTALS – Located in the South Pinellas Industrial Submarket, Tampa MSA’s largest, this area has experienced a ±2.5% year-over-y |
| PRIME STRATEGIC LOCATION – Centrally positioned in Florida’s most densely populated county, the property offers direct access to the Tampa metro. It i |
| RECENT CAPITAL IMPROVEMENTS – Ownership has recently replaced approximately two-thirds of the building’s roofing, significantly reduced near-term capi |
| ATTRACTIVE LEASE STRUCTURE – The property is currently leased on a full service gross basis with short-term commitments, allowing for near-term mark-t |
| STRONG SUBMARKET DYNAMICS – Located in Pinellas Park, within the thriving Tampa MSA, this area has seen sustained rent growth and minimal new construc |
| PRICED BELOW REPLACEMENT COSTS – With pro forma annual income projected at approximately ±$379,635 and in-place infrastructure, this asset offers an a |
| Cap Rate: | 9.49 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Q MotorSports |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| St Pete-Clearwater International | 20 min | - | 8.2 mi |
| Tampa International | 32 min | - | 18.4 mi |
| Sarasota/Bradenton International | 60 min | - | 40.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 10 |
| Type: | Surface |
| Included in Rent: | Yes |