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Investment Highlights

  • Single-Tenant Industrial Outdoor Storage (IOS) Investment | 6.00% Going-In Cap Rate | $170,100 In-Place NOI with 5% Annual Escalations
  • Four (4) Oversized Grade-Level Doors | 18–22 ft Clear Height | 460-Amp 3-Phase Power
  • Low-Coverage IOS Configuration with Significant Usable Yard Area | Strategic U.S. Highway 19 Location in Pasco County | Tampa Bay MSA
  • ±11,456 SF Freestanding Industrial Facility on ±2.14 Acres | Established Industrial Tenant with 35+ Years of Operating History
  • I-1 Light Industrial Zoning | Outdoor Storage & Fleet Parking Permitted | Fully Fenced, Gated & Secured Outdoor Storage Yard with 2 Points of Access
  • Scarce IOS Configuration in a Supply-Constrained Industrial Asset Class | Call or Text: Robbie Lober (727-999-1806) or Jason McCormick (561-613-5293)

Executive Summary

Lober Real Estate is pleased to exclusively offer for sale 6244 Springer Drive, a single-tenant Industrial Outdoor Storage (IOS) investment opportunity located in Port Richey, Florida, within the Tampa Bay MSA.
The offering consists of a ±11,456 SF freestanding industrial facility situated on ±2.14 acres, featuring a fully fenced, gated, and secured outdoor storage yard. The property is 100% occupied by an established industrial operator and provides investors with $170,100 in-place NOI at a 6.00% going-in cap rate.
6244 Springer Drive offers the highly sought-after characteristics of a true low-coverage Industrial Outdoor Storage (IOS) asset, combining functional warehouse and office improvements with substantial usable yard area. Property features include two gated access points, four grade-level doors, 18'–22' clear heights, three-phase power, and I-1 Light Industrial zoning supporting a broad range of industrial uses, including outdoor storage, fleet parking, fleet repair, manufacturing, distribution, logistics, building materials, and contractor operations.
Strategically positioned along the U.S. Highway 19 corridor in Pasco County, the property provides connectivity throughout the Tampa Bay region via U.S. 19, SR 52, SR 54, and the Suncoast Parkway. The surrounding industrial market serves a growing base of contractors, fleet operators, distributors, building-trades suppliers, and service businesses that require functional industrial facilities with secured outdoor storage.
With appropriately zoned IOS sites becoming increasingly difficult to replicate across Tampa Bay, 6244 Springer Drive presents a compelling opportunity to acquire a stabilized, income-producing, single-tenant IOS investment with significant secured outdoor storage and a low building-to-land coverage ratio in one of Florida's growing industrial markets.
For additional information or to schedule a site visit, call or text Robbie Lober at (727) 999-1806 or Jason McCormick (561) 613-5293

Property Facts

Price $2,835,000
Price Per SF $378.40
Sale Type Investment
Cap Rate 6%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Truck Terminal
  • Industrial Service
Building Class B
Lot Size 2.00 AC
Rentable Building Area 7,492 SF
No. Stories 1
Year Built 1960
Tenancy Single
Parking Ratio 6.67/1,000 SF
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 4
Zoning I-1 - I-1 (Light Industrial)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Fenced Lot
  • Mezzanine
  • Security System
  • Signage
  • Skylights
  • Shallow Bay
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Breakroom
  • End of Trip Facilities

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Connelly and Associates Inc
  • Construction
  • -
  • -
  • Triple Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Connelly and Associates Inc Construction - - Triple Net -
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
28-25-16-0050-00C00-0040
Land Assessment
$423,896
Improvements Assessment
$555,866
Total Assessment
$979,762
  • Listing ID: 41489796

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: 6244 Springer Dr, Port Richey, FL 34668

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