727-902-1863
351 30th St SE, Tampa, FL for Sale
Warehouse - FOR SALE
1/12
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351 30th St SE
Tampa, FL 33570


HIGHLIGHTS

  • Strong in-place tenancy with 18% mark-to-market opportunity with 5 years WALT remaining and above market annual rent increases averaging 3.7%.
  • Class A construction delivered in 2008 with high-quality specifications: 9% office finish, fully air-conditioned warehouse, and 125-foot truck court.
  • Stable, bankable cash flow underpinned by a long-tenured tenant base with an average occupancy of 6.2 years.
  • Functional rear-load configuration with 150-foot building depth delivering exceptional layout flexibility for tenants of varied operational needs.

OVERVIEW

JLL is pleased to exclusively offer the opportunity to acquire Sun City Commerce Center, a light industrial property totaling 91K SF located in the Tampa MSA. The Property is 100% occupied by four tenants, with average suite sizes of 23K SF and 5.0 years of WALT remaining. Sun City Commerce Center offers investors the opportunity to acquire a fully leased industrial property with below market leases at a discount to both replacement cost and recent Tampa transactions that offers strong contractual income growth, diversified tenant exposure, and minimal near-term lease rollover risk within one of the top performing industrial markets in the state experiencing a surge of leasing from logistics tenants.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sun City Commerce Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

UTILITIES

Gas, Water, Sewer

CLEAR CEILING HT

24 Ft

DOCKS

11

DRIVE INS

1

PARKING SPACES

100

LAND DETAILS

LAND ACRES

5.85

LAND SF

254,826

ZONING

PD

APN/PARCEL ID

U-03-32-19-9HZ-000000-00001.0

ASK ABOUT THIS PROPERTY

727-902-1863

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727-902-1863

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