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Investment Highlights

  • Fully renovated medical manufacturing space with modern office buildout
  • New roof installed in 2024 enhances long-term durability
  • Positioned in Tampa MSA with strong industrial demand
  • Dual income stream with long-term lease and future vacancy
  • Located in flood zone X, no flood insurance required

Executive Summary

Fully Net Leased Industrial property now available in Oldsmar, Florida which is one of Florida's most dynamic
MSA's. This asset is a total 61,295/SF under roof sitting on 3.78 acres with two long term tenants. Tenant 110-112
Douglas Rd E has an 84-month lease that started in June 2026 running through September 2034 with two additional 5
year options to renew. Tenant 114 Douglas Rd E lease started August 1, 2023 and runs through October 2033 with two
additional 5-year options. The building was fully renovated in 2023 with 6,000/SF of new office, 2" water main,
25,000/KVA transformer, painted epoxy floors in the production areas, 3 dock high doors and 3 grade level doors. The
roof was replaced in 2024 and includes a transferable warranty. Call today for additional information about this
incredible opportunity to own a net leased industrial property and to schedule a personal tour of both spaces.

Property Facts

Price $12,700,000
Price Per SF $207.19
Sale Type Investment
Cap Rate 5.77%
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Flex Research & Development
  • Industrial Warehouse
Building Class B
Lot Size 3.78 AC
Rentable Building Area 61,295 SF
No. Stories 1
Year Built/Renovated 1978/2021
Parking Ratio 2.76/1,000 SF
Clear Ceiling Height 13’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning M-1 - Light manufacturing, assembly, distribution

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Courtyard
  • Floor Drains
  • Mezzanine
  • Security System
  • Signage
  • Reception
  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • RME
  • Manufacturing
  • -
  • -
  • -

Local business that is located in Oldsmar, FL.

  • Manufacturing
  • -
  • -
  • -

Ultra Clean Systems has succeeded by working hard to offer the most innovative, versatile, timesaving, and energy-efficient ultrasonic cleaning systems in the medical industry. They firmly believe that patient and technician safety come first. They engineer, manufacture, and service our products with that mindset daily. That philosophy has kept them innovating and expanding for more than 20 years.

Tenant Industry SF Occupied Rent/SF Lease End
RME Manufacturing - - -
Manufacturing - - -
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
23-28-16-63936-271-0020
Land Assessment
$1,750,206
Improvements Assessment
$4,199,794
Total Assessment
$5,950,000
  • Listing ID: 38120089

  • Date on Market: 10/17/2025

  • Last Updated:

  • Address: 110-114 Douglas Rd E, Oldsmar, FL 34677

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