1020-1030 S 86th St - Manufacturing FOR SALE


Tampa, FL 33619
$5,995,000 USD
813-300-5266
1020-1030 S 86th St, Tampa, FL for Sale
$5,995,000 USD
Manufacturing - FOR SALE
1/41
null | Request Cap Rate

1020-1030 S 86th St
Tampa, FL 33619


HIGHLIGHTS

  • 28,230 SF total across two industrial buildings
  • 100% Leased, Stabilized Industrial Investment
  • Strong In-Place Income with Growth (Supplemental Billboard Income)
  • Extensive recent renovations throughout the property
  • Attractive Infill East Tampa Location
  • Opportunity Zone location with strong highway visibility

OVERVIEW

1020–1030 S 86th Street is a fully stabilized, 100% leased two-building industrial investment totaling 28,230 SF in East Tampa, offering exceptional visibility along the Lee Roy Selmon Crosstown Expressway. The property is secured by long-term NNN leases, 4% annual rent escalations, and supplemental billboard income, providing investors with strong in-place cash flow and built-in revenue growth. The asset has recently achieved full stabilization following execution of a new lease for the 17,444 SF building, firmly positioning this offering as a core industrial investment opportunity rather than an owner-user offering. Lease expirations are staggered through 2030 and 2031, offering durable income with reduced rollover risk. Additional billboard revenue further enhances the overall NOI and return profile. Offered at a mid–6% cap rate, the property represents an attractive entry point relative to broader market sentiment indicating cap rates have largely stabilized, with many investors expecting yields to remain steady as debt markets continue to improve. This creates a compelling opportunity to acquire stabilized infill industrial cash flow with contractual rent growth in one of Tampa’s strongest industrial corridors. Located within an Opportunity Zone with immediate access to I-75, I-4, US-301, SR-60, and the Port of Tampa distribution network, the property benefits from long-term demand drivers and limited infill supply. Buyer’s broker representation, if any, shall be at buyer’s sole expense. Seller will not pay a cooperating broker fee.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$212 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

FOR SALE | FULLY LEASED INDUSTRIAL INVESTMENT

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

UTILITIES

Water - City, Sewer - City, Heating

CLEAR CEILING HT

20 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.56

LAND SF

67,954

ZONING

M-L, County

APN/PARCEL ID

U-24-29-19-663-000001-53390.0

ASK ABOUT THIS PROPERTY

Jeff LammLamm Properties, Inc.More Info
813-300-5266

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Jeff LammLamm Properties, Inc.More Info
813-300-5266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.