24,032 SF Warehouse for Rent in Tampa, FL
5433 West Crenshaw Street
5433 West Crenshaw Street
Tampa (Benjamin Center), Florida
Warehouse Specifications
Property Size :
Warehouse :
24,032 SF
# 17520
Warehouse Description
This fenced warehouse near Tampa airport offers a rare ownership opportunity. Ideal for owner-users seeking ample space, with high ceilings (18'-24') for storage, spacious office areas (around 2,000 sq ft), and a secure fenced-in area with over 50 parking spaces. Additionally, the warehouse features 100 linear feet of concrete dock with a triple truck well and a 12' x 14' door with ramp access.
For investors, this property presents a prime 1031 exchange opportunity. The current lease for 14,032 sq ft ends on 8/31/2023, with the national tenant expressing interest in extending their lease. A new lease could significantly increase the net operating income (NOI), currently at $200,055 with a cap rate of 5.01%. Proforma projections estimate an NOI of $255,000 and a cap rate of 6.5% with a renewed lease at 8/31/23 and 3/31/24.
Tampa Local Warehouse Experts
Dedicated to Delivering Tailored Warehouse Solutions in Tampa, FL. At IndustrialSpaces.net, we pride ourselves on being more than a warehouse listing service. We are committed to helping businesses in Tampa find the perfect warehouse space that aligns with their specific needs and goals.
Our Expert Services Include:
Bespoke Property Selection: Our local Tampa experts work closely with you to identify properties that match your business requirements.
Full-Rent Process Assistance: From initial viewings to final rent signings, we offer full support to ensure a smooth and successful rental experience.
Optimised Cost Solutions: Leveraging our local market knowledge, we negotiate the best possible terms to deliver cost-effective rental solutions for your business.
With IndustrialSpaces.net, you gain a partner who understands the nuances of the Tampa warehouse market. Reach out to us at (833) 556-5511 for a comprehensive consultation and start your journey towards securing the ideal warehouse space for your business.
Location 5433 West Crenshaw Street, Tampa
You also may be interested in these Warehouse Spaces
Struggling to Find the Right Warehouse?
Our local experts will deliver to you immediately a no-obligation, comprehensive report with exclusive, off-market listings and below-market priced options.
Access 1,000's of Off-Market, Yet-To-Be Listed & Lower Priced Options.