2007 Wood Ct - Warehouse FOR SALE


Plant City, FL 33563
$3,564,000 USD
863-315-4595
2007 Wood Ct, Plant City, FL for Sale
$3,564,000 USD
Warehouse - FOR SALE
1/10
null | 6% Cap Rate

2007 Wood Ct
Plant City, FL 33563


HIGHLIGHTS

  • Light Industrial (PD) Zoning
  • 5 units
  • 20' Clear Height
  • 3 Phase 200 Amps
  • Public utilities
  • Mezzanine and second story office buildout

OVERVIEW

Located 2± miles from Interstate 4, this 21,600 SF multi-tenant industrial building is 100% leased to five tenants. A short 1.27-year WALT drives significant near-term mark-to-market upside, offering an incoming owner stabilized in-place income today with the ability to reset rents tomorrow. ~58% of GLA rolls to market within 24 months — including space available now — with additional upside if the Suite 5 renewal option lapses. With leases currently structured gross or modified gross, a buyer has the opportunity to reset rents to market and convert tenants to NNN at renewal, capturing both rate growth and full pass-through of operating expenses currently absorbed by ownership. All units feature 3-phase power, fire suppression, and 20' clear heights. Mezzanine and second-story office buildouts vary by suite and are not included in GLA. Location Description Located within the Woodside Airport Industrial Park in Plant City, Florida, this site benefits from proximity to aviation facilities and regional industrial infrastructure. Price / SF $165.00

FOR SALE DETAILS

PRICE

$3,564,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

21.6k SF Multi-Tenant Industrial | Tampa MSA

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.42

LAND SF

105,415

ZONING

PD

APN/PARCEL ID

P-31-28-22-58X-000000-00013.0

ASK ABOUT THIS PROPERTY

Vinh DawkinsSaunders Real EstateMore Info
863-315-4595

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

Vinh DawkinsSaunders Real EstateMore Info
863-315-4595

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