Member Press Release

Florida ROI Commercial/TCN Worldwide in Tampa, FL Brokered a 7 Building, 59,210 SF Industrial Sale in Drew Park for $7,650,000

Florida ROI Commercial Real Estate Brokerage is excited to announce a sale in Drew Park of the premier 7 building, 59,210 square foot small-bay industrial park. This was an off-market deal sourced and facilitated by Florida ROI’s industrial specialist, Kevin Bramhall. Located at the corner of Crest Ave and Coolidge Ave in Tampa, this property offers seamless connectivity to all major travel arteries including: I-4, I-75, I-275, Veteran’s Expressway, Dale Mabry, and Hillsborough Avenue.

The strategic location of this property is directly adjacent to Tampa International Airport and offers easy accessibility to the Port of Tampa Bay. This makes it a highly desirable property for a multitude of industries including distribution, manufacturing, ecommerce, and general contractors.

SUMMARY

SOLD Price: $7,650,000

Building Size: 59,210 SF

Number of Units: 24

PPSF: $129.20

Cap Rate: 6.12%

NOI: $468,000

Lot Size: 3.21 Acres

Zoning: Industrial General (IG)

Year Built: 2018

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