This Industrial Property is no longer advertised on LoopNet.com.

5615 E Powhatan Ave
Tampa, FL 33610
Industrial Sale Leaseback · Industrial Property For Sale

Investment Highlights

  • Absolute triple net lease with 2% annual escalations and two, 5-year renewal options with FMV resets
  • Tenant has led the industry for 35+ years with a tailored approach of supply chain customization, superior lead times and ease of installation/use
  • Mission-critical facility in Tampa, FL, west of I-74 with direct access to I-4 and Tampa International Airport
  • Strong tenant financial profile with consistent revenue/Adj. EBITDA growth
  • Experienced management team with average industry experience of more than 25 years
  • Situated in an exceptionally strong industrial market with 3.7% vacancy rate and 14.4% annual rent growth

Property Facts

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class B
Lot Size 3.73 AC
Rentable Building Area 88,680 SF
No. Stories 1
Year Built 1962
Tenancy Single
Parking Ratio 0.28/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 2
Zoning M1

Amenities

  • Air Conditioning

Utilities

  • Water - City
  • Sewer - City
  • Heating

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • U-34-28-19-1M5-000005-00030.0
  • U-34-28-19-1M5-000005-00030.1
Land Assessment
$200
Improvements Assessment
$6,287,400
Total Assessment
$6,287,600
  • Listing ID: 25873626

  • Date on Market: 6/7/2022

  • Last Updated:

  • Address: 5615 E Powhatan Ave, Tampa, FL 33610

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