21.6k SF Multi-Tenant Industrial | Tampa MSA

Located 2± miles from Interstate 4, this 21,600 SF multi-tenant industrial building is 100% leased to five tenants. A short 1.27-year WALT drives significant near-term mark-to-market upside, offering an incoming owner stabilized in-place income today with the ability to reset rents tomorrow.

~58% of GLA rolls to market within 24 months — including space available now — with additional upside if the Suite 5 renewal option lapses. With leases currently structured gross or modified gross, a buyer has the opportunity to reset rents to 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.

Highlights

• Light Industrial (PD) Zoning
• 5 units
• 20' Clear Height
• 3 Phase 200 Amps
• Public utilities
• Mezzanine and second story office buildout

For more information please visit:
https://commercial.saundersrealestate.com/commercial-property-for-sale/2007-wood-ct-plant-city-sale/

YouTube Link:

https://www.youtube.com/watch?v=Zcg44Pvjfd0