Net Lease
STNL | Small Industrial Warehouse | Annual Rental Increases
1404 Sydney Rd, Plant City, FL 33563
Listing Price: $1,495,000
Cap Rate
5.46%
Lot Size
1.60 acres
Year Built
1976
Rentable SF
10,500
Investment Overview
Marcus & Millichap is pleased to bring to market an STNL Small Industrial Warehouse located in Plant City, FL.
STNL | Small Industrial Warehouse | Annual Rental Increases
Investment Highlights
- Occupied Single-Tenant Warehouse with 8,500-SF of Warehouse Space and Additional 1,700-SF Air-Conditioned Office
- Short-Term Lease at Below Market Rent | Approximately 3-Years Remaining
- Lease is Equipped with 3%-7% Annual Rent Increases Based on Market Rates
- Property Features 2 Dock Height Roll-up Doors and 1 Ramp Roll-up Door | 18' Ceiling Height in Warehouse Space | Property is Fully Fenced in the Rear and Features 15 Parking Spaces in Front
- Major Improvements Over the Last 10 Years: Roof Replaced in 2013 | Parking Lot Stripped/Sealed and HVAC Updated in 2018
- Situated in a Dense Industrial Corridor, 2.5 Miles from Interstate-4 and 1.5 Miles from US-92
- Active Market: Plant City Submarket is Responsible for 60% of The Tampa Market's Overall Absorption Rate
- Strong Demographics: Population Exceeds 75,900 Within 5-Miles and Projected to Increase by 2027 | Population has Grown by 31% Since 2000
Exclusively Listed By
Financing By
Net Lease
STNL | Small Industrial Warehouse | Annual Rental Increases
Listing Price: $1,495,000
Cap Rate
5.46%
Lot Size
1.60 acres
Year Built
1976
Rentable SF
10,500
Investment Highlights
- Occupied Single-Tenant Warehouse with 8,500-SF of Warehouse Space and Additional 1,700-SF Air-Conditioned Office
- Short-Term Lease at Below Market Rent | Approximately 3-Years Remaining
- Lease is Equipped with 3%-7% Annual Rent Increases Based on Market Rates
- Property Features 2 Dock Height Roll-up Doors and 1 Ramp Roll-up Door | 18' Ceiling Height in Warehouse Space | Property is Fully Fenced in the Rear and Features 15 Parking Spaces in Front
- Major Improvements Over the Last 10 Years: Roof Replaced in 2013 | Parking Lot Stripped/Sealed and HVAC Updated in 2018
- Situated in a Dense Industrial Corridor, 2.5 Miles from Interstate-4 and 1.5 Miles from US-92
- Active Market: Plant City Submarket is Responsible for 60% of The Tampa Market's Overall Absorption Rate
- Strong Demographics: Population Exceeds 75,900 Within 5-Miles and Projected to Increase by 2027 | Population has Grown by 31% Since 2000
Investment Overview
Marcus & Millichap is pleased to bring to market an STNL Small Industrial Warehouse located in Plant City, FL.
Exclusively Listed By
Financing By
