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
Why Choose IndustrialSpaces for Your Warehouse Rental Needs in Tampa?
Extensive Local Expertise: Our team has a proven track record in helping businesses find suitable warehouse spaces for rent across Tampa.
Tailored Assistance for All Business Sizes: Whether you're a small startup or a large multinational corporation, our services are designed to cater to businesses of all scales.
Comprehensive rental Support: From selecting the right property to negotiating favorable rental terms and securing landlord concessions, we're with you every step of the way.
Cost-Saving Opportunities: Our expertise in rental negotiations can lead to significant savings through free rent periods, early occupancy options, reduced rental rates, and more.
Don't miss this opportunity to find the ideal warehouse space in Tampa, FL. For more details on 5433 West Crenshaw Street and other available properties, contact us at (833) 556-5511 or fill out our online contact form for a free property availability report.
Location 5433 West Crenshaw Street, Tampa
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