21.6k SF Multi-Tenant Industrial | Tampa MSA

Located within the Woodside Airport Industrial Park in Plant City, Florida, this site benefits from proximity to aviation facilities and regional industrial infrastructure.Located 2± miles from Interstate 4, this 21,600 SF multi-tenant industrial building is 100% leased to five tenants. A short 1.27-year WALT drives significant near-term mark-to-market upside, offering an incoming owner stabilized in-place income today with the ability to reset rents tomorrow. ~58% of GLA rolls to market within 24 months — including space available now — with additional upside if the Suite 5 renewal option lapses. With leases currently structured gross or modified gross, a buyer has the opportunity to reset rents to market and convert tenants to NNN at renewal, capturing both rate growth and full pass-through of operating expenses currently absorbed by ownership. All units feature 3-phase power, fire suppression, and 20' clear heights. Mezzanine and second-story office buildouts vary by suite and are not included in GLA.