SOLD: Plant City Value-Add Industrial Investment Property
Plant City, Florida
64,916 ± SF
Property Type: Commercial, Industrial
Location: 510 N. Turkey Creek Rd., Plant City, Florida 33563
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.
Description: 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