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Net Lease

Barron's Tire Distribution Warehouse | Tampa MSA

1402 Tech Blvd, Tampa, FL 33619

Listing Price: $3,600,000

Cap Rate
3.19%
Gross SF
111,078
Price/Gross SF
$32.41
Lot Size
2.55 acres
Year Built
1985
Rentable SF
32,320

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the fee simple interest (land & building) of a single-tenant industrial investment property located in Tampa, Florida. The property consists of a 32,320 +/- square foot structure situated on approximately 2.57 Acres.

Investment Highlights

  • Less than one-year remaining on NNN lease with Tenant paying approximately 50% below market rent which creates a significant value-add opportunity
  • Attractively priced at $110 per square foot with recent capital expenditures including a brand new ESF sprinkler system
  • Strategically located in the heart of Tampa MSA and less than one mile from I-75 which provides for same-day shipping throughout the State of Florida.

Exclusively Listed By

Financing By

Net Lease

Barron's Tire Distribution Warehouse | Tampa MSA

Listing Price: $3,600,000

Cap Rate
3.19%
Gross SF
111,078
Price/Gross SF
$32.41
Lot Size
2.55 acres
Year Built
1985
Rentable SF
32,320

Investment Highlights

  • Less than one-year remaining on NNN lease with Tenant paying approximately 50% below market rent which creates a significant value-add opportunity
  • Attractively priced at $110 per square foot with recent capital expenditures including a brand new ESF sprinkler system
  • Strategically located in the heart of Tampa MSA and less than one mile from I-75 which provides for same-day shipping throughout the State of Florida.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the fee simple interest (land & building) of a single-tenant industrial investment property located in Tampa, Florida. The property consists of a 32,320 +/- square foot structure situated on approximately 2.57 Acres.

Exclusively Listed By

Financing By

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