21.6k SF Multi-Tenant Industrial | Tampa MSA
Industrial | 6.40% CAP | 21,600 SqFt
Marketing description
Located 2 ± miles from Interstate 4, this 21,600 SF multi-tenant industrial building is 100% leased to five tenants with a WALT of 1.4 years —offering in-place income with significant near-term mark-to-market upside.
83% of GLA rolls within 24 months, including one suite already on month-to-month. Current leases are either gross or modified gross, giving a buyer the opportunity to reset rents at market and convert tenants to NNN at renewal; capturing both rate growth and full pass-through of operating expenses currently absorbed by ownership.
All units feature 3-phase power, fire suppression, and 20' clear heights. Mezzanine and second-story office buildouts vary by suite and are not included in GLA.
Location Description
Located within the Woodside Airport Industrial Park in Plant City, Florida, this site benefits from proximity to aviation facilities and regional industrial infrastructure.
For more information please visit:
https://commercial.saundersrealestate.com/commercial-property-for-sale/2007-wood-ct-plant-city-sale/
Investment highlights
- Light Industrial (PD) Zoning
- 5 units
- 20' Clear Height
- 3 Phase 200 Amps
- Public utilities
- Mezzanine and second story office buildout
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