Tampa Warehouse for rent
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
Your Reliable Partner in Finding the Ideal Warehouse Space At IndustrialSpaces.net, we are more than just a listing service. We are your dedicated partner in navigating the warehouse rental market in Tampa, FL. Our experienced team of local experts specialises in matching businesses with their ideal industrial space.
Our Services:
Personalised Property Matching: We understand that every business has unique needs. Our experts will help you find the warehouse space that perfectly fits your specific requirements.
End-to-End Support: From property viewing to rental negotiations, we provide comprehensive support throughout the rental process.
Cost-Efficient Solutions: Our expertise in the local market ensures you get the best deal, including potential savings on rent and favourable rental terms.
Choosing IndustrialSpaces.net means partnering with a team that is committed to finding you the best warehouse space in Tampa. Contact us today at (833) 556-5511 for a free consultation and discover how we can help your business thrive.
Location 5433 West Crenshaw Street, Tampa
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