Listed by Ascension Advisory
Unpriced
National Molding | Sale Leaseback
Details
APN 18-30-16-71061-000-0170
Property Type Industrial
Sub Type Manufacturing
Square Footage 103,884
NOI $1,298,550
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Lease Options Four 5-Year
Price per SqFt $13
Year Built 2001
Buildings 1
Acreage 5.320
Parking Spaces 100 spaces
Parking per 1,000 SqFt 0.96
Investment Type Sale/Leaseback
Ground Lease No
Ceiling Height 30' in front, sloping to 23' towards back
Industrial Sale Leaseback in Tampa MSA | 103,884 SqFt
Marketing description
National Molding's Largo facility is a highly specialized precision injection molding and life sciences products manufacturing facility that has been occupied by Ven-Tel / NMC Life Science since the property was built in 2001. The facility includes controlled manufacturing space, Class 8 cleanroom molding, insert overmolding, process monitoring, automation, adhesive bonding, contract packaging, heat staking, pad printing, spin welding, thermoforming, and ultrasonic welding capabilities.
Investment highlights
- Leading Global Manufacturer of Precision Injection-Molded Plastic Components - National Molding is a leading manufacturer of precision injection-molded plastic components, producing more than 3.5 billion parts annually across a global manufacturing footprint of four plants in the U.S., Canada, and China. The Company is supported by 421 employees and 240 injection molding machines.
- Purpose-Built Manufacturing Infrastructure Difficult to Replicate - The Largo facility is configured for specialized life sciences products manufacturing, with controlled manufacturing space, a 7,600 SF Class 8 cleanroom, 61 injection molding machines ranging from 40 to 300 tons, a full-service tool room, process monitoring systems, automation capabilities, and multiple value-added secondary operations.
- Mission-Critical Facility Housing the Company's Most Defensible Business Lines - The Largo facility houses National Molding's Tactical and Life Sciences operations, which represent the Company's highest-quality and most defensible business lines.
- Attractive Industry Tailwinds in Regulated Life Sciences Injection Molding - National Molding benefits from favorable demand trends across life sciences, dental, pharmaceutical, diagnostic, and healthcare applications, where precision, consistency, quality systems, and cleanroom manufacturing capabilities are critical.
- Highly Specialized Life Science, Tactical, and Precision Manufacturing Capabilities - The Largo facility includes controlled manufacturing space, cleanroom molding, insert overmolding, process monitoring systems, a full-service tool room, automation expertise, adhesive bonding, contract packaging, heat staking, pad printing, spin welding, thermoforming, ultrasonic welding, and other value-added services.
- Well-Located Tampa Bay Industrial Asset - The subject property is situated in an infill Largo location with convenient access to St. Petersburg, Clearwater, Tampa, US-19, I-275, St. Pete-Clearwater International Airport, Tampa International Airport, and Port Tampa Bay. Combined with the facility's specialized manufacturing buildout, cleanroom infrastructure, and long-standing tenant occupancy, the site offers a differentiated industrial profile that would be difficult to replicate elsewhere in the market.
- Long-Term Absolute Triple-Net (NNN) Lease with Annual Rent Increases - The Tenant will enter into a new 20-year absolute triple-net lease, under which the Tenant is fully responsible for the building structure, maintenance, insurance, real estate taxes, and all other operating expenses, providing the Landlord with a passive, low-maintenance investment. The lease will include annual rent escalations of 3.0%.
Listing Contacts
Listed by Ascension Advisory
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$1,298,550.00
$108,212.50/mo
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
M-1 IndustrialLight IndustrialLight Industrial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 119 uses
View all 119 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
