Kahwa Coffee Leases 24,742 Square Foot Industrial Property From Legacy Capital Partners In St. Petersburg
4001 35th Street North
Building Size
24,742 SF
Asset Type
Industrial
Closing
Aug 10, 2026
AI
Kahwa Coffee has leased a 24,742-square-foot industrial property located at 4001 35th Street North in St. Petersburg, FL. The property will serve as their corporate headquarters, roasting operation, production space, and training center.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 4001 35th Street North
- Market: St. Petersburg, FL
- Landlord: Legacy Capital Partners
- Tenant: Kahwa Coffee
- Landlord's Representative: Dominic Hewitt - Colliers
- Tenant's Representative: David Kramer - Pridgen Realty
The deal involved significant representation, with Dominic Hewitt from Colliers acting on behalf of the landlord Legacy Capital Partners, and David Kramer from Pridgen Realty representing the tenant Kahwa Coffee.
Players
Saint Petersburg Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93