6301 82ND AVE N UNIT B1 Pinellas Park FL 33781

STRONG SUBMARKET FUNDAMENTALS
Located in the South Pinellas Industrial Submarket, Tampa MSA’s largest, this area has experienced a ±2.5% year-over-year growth in industrial rent. With minimal new construction under ±100K SF, replacement of similar assets is becoming increasingly challenging, boosting the value of existing inventory.

PRIME STRATEGIC LOCATION
Centrally positioned in Florida’s most densely populated county, the property offers direct access to the Tampa metro. It is ideally located between US Highway 19 (±78,500 AADT) and Interstate 275 (±152,000 AADT), maximizing connectivity and visibility.

RECENT CAPITAL IMPROVEMENTS
Ownership has recently replaced approximately two-thirds of the building’s roofing, significantly reduced near-term capital expenditure risk and improved long-term asset durability.

ATTRACTIVE LEASE STRUCTURE
The property is currently leased on a full service gross basis with short-term commitments, allowing for near-term mark-to-market opportunities. Pro forma rents are underwritten at ±$15/SF, providing notable upside from existing rental levels.

STRONG SUBMARKET DYNAMICS
Located in Pinellas Park, within the thriving Tampa MSA, this area has seen sustained rent growth and minimal new construction of comparable products, creating a favorable supply-demand imbalance that benefits existing assets.

PRICED BELOW REPLACEMENT COSTS
With pro forma annual income projected at approximately ±$379,635 and in-place infrastructure, this asset offers an attractive cost basis significantly below current replacement cost, presenting a value-add opportunity for investors seeking yield and growth.