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Plant City Value-Add Industrial Investment Pr

510 N. Turkey Creek Road, Plant City, Florida 33563
Sold: $4,100,000
Plant City Value-Add Industrial Investment Pr

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
64,916 sqft
Land Size
9.82 acres
Zoning
Industrial
Year Built
1980

Property Description

This Industrial Investment Property is located along the I-4 corridor, which is one of the fastest-growing industrial corridors in the nation. The space is broken out into (2) separate units: One unit is 34,405 ± SF with 2 ± acres of lay-down yard and is leased to Cole Industrial at a below-market lease rate. The other unit is 30,511 ± SF of Cold Storage Space that is currently vacant and also comes with 0.70 ± acres of lay-down yard. This space is positioned strategically in one of the largest produce markets in the Southeast along Central Florida's Premier Industrial Corridor.

The Value-Add component of this investment comes from leasing vacant space, and bringing the current lease to market value.

  • Less then two (2) miles South of the I-4 Corridor
  • Located just 20.8 ± miles East of Tampa and 12.5 ± miles West of Lakeland Linder Airport
  • Cold Storage Space temperature: 34 - 48 degrees

For more information please visit: SVN Saunders Ralston Dantzler

Location

Contact

Augie Schmidt, SIOR
Augie Schmidt, SIOR
Saunders Real Estate
Office: (863) 648-1528
[email protected]