5160 140th Avenue North-GD-FLse-FSale — Sale in Clearwater, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Clearwater, FL 33760
  • Size: 35,580 SF
  • Year built: 1988

Description

35,580 + square foot dock high, office/warehouse distribution facility with 1,461 + square feet of office, 33'-41' clear height, 8 dock high doors loading doors (7 with levelers), 1 ramped grade level loading door, elevated sprinkler system (designed Class IV Commodity, Solid Pile Storage), 3-phase power, LED & high bay lighting, 60' x 33' column spacing, 125' concrete truck court, excess land/outside storage, on a 2.36 acre MOL site, located just west of 49th Street North in the heart of the "Gateway" submarket. The space comprises two separate units with the middle space measuring approximately 23,482 + square feet, and the southern end cap totaling approximately 12,098 + square feet. The southern endcap also maintains excess land for outside storage to park trucks, other vehicles or equipment. The roof was replaced in July of 2023. This offering is a condominium on a long term land lease, owned by Pinellas County, FL. The owner will sell the property and vacate, or they will sell the property and lease back either of the two units for a period of two years. This offering is a “loose” industrial condominium situated in a long-term land lease which is owned by Pinellas County, FL. The current monthly land lease payment is $3,472, including sales tax. The land lease payment is static but recalibrates every 5 years based upon the changes in the consumer price index. Building SF: 35580 | Land Size: 2.36 Ac | Year Built: 1988 | Listing Type: FOR SALE

Market Context

This industrial in Clearwater, FL is listed for sale across 35,580 SF. The building dates to 1988. It has been on the market for 71 days. Compare it against other industrial listings for sale in Clearwater, FL — view the full market.

As of Q1 2026, the Tampa industrial market showed a 7.3% vacancy rate, rents up 6.4% year over year, and cap rates around 7.6%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Tampa?
About 7.6% as of Q1 2026, per multiple brokerage reports.
Is the Tampa industrial market tightening or softening?
Vacancy is around 7.3%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$115.53/SF – $156.31/SF

Mid: $135.92/SF

Estimated total for 35,580 SF: $4,836,034 per year

Rate estimator only; cost-of-business estimate unavailable.

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