12620 US Highway 41 South
Industrial | 43,000 SqFt
Marketing description
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 12620 US Highway 41 South, Gibsonton, FL (the 'Property')
The Property consists of a 43,700 SF industrial facility strategically located along the US Highway 41 corridor in Hillsborough County, one of the Tampa Bay area's most active industrial and logistics markets.
Positioned on a major north-south thoroughfare, the Property offers convenient access to I-75, I-4, Downtown Tampa, the Port of Tampa, and the broader Central Florida distribution network.
The Property is currently 30% occupied generating income from an in-place tenant paying $5,500 per month, providing immediate cash flow while preserving significant upside through lease-up and repositioning opportunities or allowing an end user to take the remaining 30,000 sq ft immediately while growing into the space in the future. The facility features a newer roof, upgraded electrical service, and functional industrial improvements suitable for manufacturing, warehousing, distribution, and contractor uses.
In addition, the Property benefits from additional land for outdoor storage, a highly sought-after feature in today's industrial market. The combination of industrial improvements and outdoor storage capability provides flexibility for a wide range of users and investors seeking both income and value-add potential.
12620 S US Highway 41 presents a unique opportunity to acquire a well-located industrial asset in the path of continued growth within the Tampa Bay market.
Investment highlights
- Strategic Tampa Bay Location - Located directly on US Highway 41 between Tampa and Apollo Beach, providing convenient access to I-75 and major logistics corridors serving the greater Tampa Bay market.
- Immediate In-Place Cash Flow - The property is currently occupied by a tenant leasing approximately 13,000 SF through August 2027, generating $5,500 per month in rental income and providing immediate in-place cash flow.
- New Roof in 2022
- Industrial Infrastructure in Place - 600-amp, 3-phase power
- Outdoor Storage & Truck Operations - Fully fenced yard area with substantial outdoor storage capacity and truck maneuvering space, providing functionality that is increasingly difficult to find in the Tampa industrial market.
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