Property History
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Property Highlights
- Scarce Small-Bay Industrial Offering - At the time of listing, this property represents one of the few value-add warehouse opportunities under 15,000 SF in Tampa’s highly constrained 33619 ZIP code. With minimal new industrial development underway below 100,000 SF, the ability to replace an asset of this size, functionality, and location is increasingly challenging.
- Owner-User or Investment Flexibility - The property is currently leased to a month-to-month tenant at a below-market rental rate. This structure provides investors with immediate mark-to-market upside while maintaining flexibility for an owner-occupant seeking near-term possession.
- Recent Capital Improvements (BRAND NEW ROOF) - Ownership completed a full roof replacement within the last 60 days, including new insulation and gutters. This recent improvement materially reduces near-term capital expenditure requirements and enhances long-term durability.
- Priced Below Replacement Cost - Offered at $130 per square foot, the property is priced well below current replacement costs and below several comparable industrial sales in Tampa over the past 12 months, positioning the asset as an attractive low-basis acquisition.
- Efficient, Flexible Site Configuration - The site features warehouse buildings positioned along the north and south boundaries, maximizing land utilization and minimizing wasted space. Each building includes its own office area and restroom, supporting potential multi-tenant functionality and operational flexibility.
Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Type
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