20k SF Multi-Tenant Industrial | Tampa MSA — Sale in Plant City, FL

  • Price: $79
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Plant City, FL 33563
  • Size: 20,000 SF

Description

Located in one of Plant City's industrial corridors, this 20,000 SF multi-tenant industrial building is 75% leased across five suites. With a WALT of under 0.1 years, an incoming owner has near-term ability to reset rents to market across nearly the entire rent roll. The offering presents multiple paths to upside: lease-up of the two vacant suites, conversion of the month-to-month tenancies to market-rate leases, and mark-to-market potential on the one near-term lease expiration. Together, these levers give an owner a clear runway to stabilize the asset's return well above the submarket average. All suites feature 3-phase power and grade-level loading, positioning the property well for a range of light industrial users. Office build-out varies by suite and is included in the building's total GLA; mezzanine space varies by suite and is not included in total SF. 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 20,000 SF multi-tenant industrial building in one of Plant City’s industrial corridors Near-term opportunity to reset rents to market across much of the rent roll Units feature 3-phase power and grade-level loading, supporting a range of light industrial users For more information please visit: https://commercial.saundersrealestate.com/commercial-property-for-sale/2711-airport-road-plant-city-20k-sf-multi-tenant-industrial-tampa-msa-sale/ Building SF: 20000 | Land Size: 2.11 Ac | Listing Type: FOR SALE

Market Context

This industrial in Plant City, FL is listed for sale at $79 across 20,000 SF. It has been on the market for 30 days. Compare it against other industrial listings for sale in Plant City, FL — view the full market.

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