203-751-1910
2032 S 51st St, Tampa, FL for Sale
Warehouse - FOR SALE
1/5
null | Request Cap Rate

2032 S 51st St
Tampa, FL 33619


HIGHLIGHTS

  • Stable Long-Term Investment
  • Credit Tenant
  • Replaceable Rent
  • Low Coverage
  • Strategic Location
  • Recently Executed Lease

OVERVIEW

Executive Summary: • Stable Long-Term Investment: The in-place tenant, Clean Restroom Rentals, was recently acquired by United Rentals, a nationally recognized industry leader. The acquisition underscores United Rentals’ long-term commitment to the portable sanitation platform and enhances the asset’s credit profile. • Replaceable Rent: The property is leased at $8,446/AC/MO, below prevailing market rents for comparable single-tenant sites with excess land. Hillsborough County continues to experience strong demand for Industrial Outdoor Storage (IOS) sites, with market rents reaching as high as ±$12,000/AC/MO. • Credit Tenant: United Rentals is an institutional-grade tenant as the world’s largest equipment rental company with extensive national and international operations. Its diversified customer base and scale support durable cash flows and strong creditworthiness. • Low Coverage: In addition to the existing warehouse, the property features a significant surplus of land, creating unique optionality for investors. The excess acreage can support building expansion, industrial outdoor storage (IOS), or future redevelopment — a rare offering in a submarket where sites of this scale and flexibility are increasingly limited. • Strategic Location: Centrally positioned within East Tampa’s core industrial corridor, the property offers exceptional access and connectivity. Located just off US-41 (17,500 AADT) and FL-618 (45,000 AADT), the site provides efficient access to major highways and regional logistics routes. Broker of Record Kyle Matthews License No. CQ1066435 (FL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Rentals (NNN) - 2032 S 51st St

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

Lighting - undefined, Sewer - Septic Field

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.96

LAND SF

128,938

ZONING

M

APN/PARCEL ID

U-27-29-19-1PV-000000-00040.0

ASK ABOUT THIS PROPERTY

Dylan BatlleMatthews Real Estate Investment ServicesMore Info
203-751-1910

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Dylan BatlleMatthews Real Estate Investment ServicesMore Info
203-751-1910

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