Industrial Income Producing Property

Industrial for Sale
Catylist Listing ID: 30148191
Property Subtypes: Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 8,232 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $145.77 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2017

Overview / Comments

8,232 square foot concrete block warehouse.
Lease runs through April 2020 and has 3 options to renew for 5 additional years each period.
Drew Park is a Community Development Area that is under going great redevelopment that includes:
Air Cargo Road $25,000,000
Lois Avenue and Grady Avenue Stormwater/Road Improvement Project Approx: $20,000,000
Don't miss this opportunity to invest in an area that is taking on a huge transformation and investment.

Grady Ave. between Cayuga St.and Alva St.(Drew Park)
Drew Park, next to Tampa International, Raymond James Stadium, Legends Field, & Hillsborough Community College

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: A-04-29-18-3IP-000021-00027.1

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,246 122,201 320,420
Median Age: 33.4 36.87 36.74
Households: 3,840 47,123 129,522
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