21.6k 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: 21,600 SF
  • Year built: 1998

Description

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 240 Volts 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 Building SF: 21600 | Land Size: 2.419 Ac | Year Built: 1998 | Listing Type: FOR SALE

Market Context

This industrial in Plant City, FL is listed for sale at $79 across 21,600 SF ($200/SF). The building dates to 1998. It has been on the market for 70 days. Compare it against other industrial listings for sale in Plant City, FL — view the full market.

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