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21.6k SF Multi-Tenant Industrial | Tampa MSA 2007 Wood Ct 21,600 SF 100% Leased Industrial Building Plant City, FL 33563 $4,320,000 ($200/SF) 6.40% Cap Rate
Investment Highlights
- Light Industrial (PD) Zoning
- 20' Clear Height
- Public utilities
- 5 units
- 3 Phase 200 Amps
- Mezzanine and second story office buildout
Executive Summary
Located 2 ± miles from Interstate 4, this 21,600 SF multi-tenant industrial building is 83% occupied, offering in-place income with a clear path to owner-user occupancy.
Staggered lease expirations allow a buyer to grow into the building over time. With one existing vacancy (3,600 SF) and additional suites rolling through 2026, an owner-user can control up to 10,800 ± SF (50%) by year-end 2026 while maintaining income from remaining tenants.
Ideal for an owner-user seeking to establish a long-term footprint while offsetting occupancy costs through existing income. The staggered lease profile also provides mark-to-market upside through phased rollover at current market rents.
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 $200.00
Staggered lease expirations allow a buyer to grow into the building over time. With one existing vacancy (3,600 SF) and additional suites rolling through 2026, an owner-user can control up to 10,800 ± SF (50%) by year-end 2026 while maintaining income from remaining tenants.
Ideal for an owner-user seeking to establish a long-term footprint while offsetting occupancy costs through existing income. The staggered lease profile also provides mark-to-market upside through phased rollover at current market rents.
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 $200.00
Property Facts
| Price | $4,320,000 | Building Class | B |
| Price Per SF | $200 | Lot Size | 2.42 AC |
| Sale Type | Investment | Rentable Building Area | 21,600 SF |
| Cap Rate | 6.40% | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1998/2011 |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Zoning | PD - Light Industrial (PD) Zoning | ||
| Price | $4,320,000 |
| Price Per SF | $200 |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.42 AC |
| Rentable Building Area | 21,600 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1998/2011 |
| Clear Ceiling Height | 20’ |
| Zoning | PD - Light Industrial (PD) Zoning |
Utilities
- Water - City
- Sewer - City
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | P-31-28-22-58X-000000-00013.0 | Improvements Assessment | $1,426,000 |
| Land Assessment | $100 | Total Assessment | $1,426,100 |
Property Taxes
Parcel Number
P-31-28-22-58X-000000-00013.0
Land Assessment
$100
Improvements Assessment
$1,426,000
Total Assessment
$1,426,100
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21.6k SF Multi-Tenant Industrial | Tampa MSA | 2007 Wood Ct
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