1200 Bartow Road
1200 Bartow Road, Lakeland, FL, 33801, US
Beschrijving
JLL is pleased to exclusively offer the opportunity to acquire Sun City Commerce Center, a light industrial property totaling 91K SF located in the Tampa MSA. The Property is 100% occupied by four tenants, with average suite sizes of 23K SF and 5.0 years of WALT remaining.
Sun City Commerce Center offers investors the opportunity to acquire a fully leased industrial property with below market leases at a discount to both replacement cost and recent Tampa transactions that offers strong contractual income growth, diversified tenant exposure, and minimal near-term lease rollover risk within one of the top performing industrial markets in the state experiencing a surge of leasing from logistics tenants.
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Kenmerken
Netto gebouwoppervlakte
8.476 vierkante meter
Bruto landoppervlakte
2,35 ha
Bezettingspercentage
100%
WALT
5 jaren
Bouwjaar
2008
Mark-to-Market
18%
Media
Investeringskenmerken
- Strong in-place tenancy with 18% mark-to-market opportunity with 5 years WALT remaining and above market annual rent increases averaging 3.7%.
- 7.8M SF of industrial within 10 miles but only two buildings (inclusive of the Property) that can accommodate tenants < 20,000 SF. Collectively, these properties are 98% leased and achieve top of market rents exceeding $14 PSF.
- Strategic Tampa location at the I-75 and College Ave interchange in an emerging industrial pocket with existing facilities occupied by Amazon, RXO, and ID Logistics.
- Functional rear-load design with 150' building depth allowing for ideal space flexibility. This Class A facility was delivered in 2008 with above standard specifications including 9% office finish; fully AC warehouse, 125' truck court, and 24' clear heights.
- Bankable existing cash flow supported by long-tenured tenancy averaging 6.2 years.
Contact adviseurs
Sun City Commerce Center (0 Eigendommen)
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Laatst bijgewerkt
6 mei 2026
