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17,444 SF For Lease 1020-1030 S 86th St 28,230 SF 100% Leased Industrial Building Tampa, FL 33619 $6,000,000 ($212.54/SF)

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Investment Highlights

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

Executive Summary

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.

Financial Summary (Actual - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $6,000,000
Price Per SF $212.54
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Warehouse
  • Industrial Service
Building Class B
Lot Size 1.56 AC
Rentable Building Area 28,230 SF
No. Stories 2
Year Built 1986
Parking Ratio 0.89/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning M-L, County - Manufacturing

Amenities

  • 24 Hour Access
  • Controlled Access
  • Front Loading
  • Mezzanine
  • Security System
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning

Utilities

  • Water - City
  • Sewer - City
  • Heating

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Direct Distribution
  • Transportation and Warehousing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Metal Ops LLC
  • Manufacturing
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Direct Distribution Transportation and Warehousing 99,999 SF $9.99 Lorem Ipsum Jan 0000
Metal Ops LLC Manufacturing 99,999 SF - Lorem Ipsum -

Property Taxes

Property Taxes

Parcel Number
U-24-29-19-663-000001-53390.0
Land Assessment
$100 (2025)
Improvements Assessment
$2,555,800 (2025)
Total Assessment
$2,555,900 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 31576157

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: 1020-1030 S 86th St, Tampa, FL 33619

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