495 BRADY RD Tarpon Springs FL 34689

VALUE-ADD POTENTIAL

Riverbend Industrial Park offers significant upside potential, thanks to its low weighted average lease term (WALT). Within the next year, nearly all leases are positioned for immediate renegotiation, allowing for more owner-favorable terms. This flexibility provides an attractive opportunity for increased returns. Furthermore, the powerful blend of premium Class A quality and significant upside potential solidifies Riverbend’s status as a standout investment.

DEVELOPMENT OPPORTUNITIES

The Park also offers a strategic opportunity for future expansion, with utilities in place and pre-approval for an additional 20,250-square-foot multi-bay industrial building. This development potential not only strengthens the park’s long-term value but also provides the adaptability to meet Southwest Florida’s escalating demand for premium industrial space. Additionally, the owners are open to discussions about their other pre-approved parcels (not included in this listing) offering nearly 100,000 square feet of additional land. This expansive potential opens doors for customized expansion, allowing investors to further capitalize on Riverbend’s prime location and high demand for quality industrial space in Southwest Florida.

QUALITY OF CONSTRUCTION

Riverbend’s three cash-flowing buildings feature a timeless, modern design with a robust blend of masonry and metal construction. Uniquely setting it apart from typical industrial parks, Riverbend also includes a picturesque, man-made pond that provides peaceful views for tenants and nearby residences, enhancing the park’s aesthetic appeal. The front units of each building feature two versatile flex spaces, offering an inviting aesthetic that seamlessly aligns with contemporary retail properties. The walls are constructed with masonry from the ground up, transitioning to metal toward the roof. This year, the U.S. insurance market has presented challenges, yet Riverbend’s resilient construction provides peace of mind by addressing essential concerns about structural integrity and storm preparedness. Situated near the coast in Tarpon Springs, Riverbend demonstrated its durability by sustaining zero damage or flooding during both Hurricane Helene and Hurricane Milton. This robust design instills confidence in new owners, ensuring Riverbend’s long-term durability and appeal in a region where storm readiness is paramount.

Riverbend Industrial Park is a premier, Class A development situated in the vibrant Tarpon Springs, FL, at the heart of Southwest Florida—a region that has recently attracted substantial investment and record-setting prices. This surge in interest is driven by a limited supply of top-tier industrial spaces, positioning Riverbend as a foundational asset within this dynamic market. Riverbend Industrial Park features three modern, multi-bay buildings of 24,000 square feet each, offering units ranging from 1,500 to 4,500 square feet, all constructed between 2023 and 2024. The park has achieved impressive occupancy rates, outpacing similar new developments in the region, testament to Southwest Florida’s high demand for small-bay industrial spaces