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12707 49th Street North

Tide LLC Acquires Big Storm Brewing's Clearwater Facility For $5.5 Million
SOLDIndustrial

Tide LLC Acquires Big Storm Brewing's Clearwater Facility For $5.5 Million

12707 49th Street North

$5,500,000

Building Size

Asset Type

Industrial

Closing

Feb 25, 2026

AI

The property involved in this transaction is an industrial asset located at 12707 49th Street in Clearwater, encompassing 3.58 acres and consisting of two buildings. The transaction was finalized with Tide LLC purchasing the facility from Big Storm Brewing for a total of $5,500,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,500,000
  • Buyer: Tide LLC
  • Seller: Big Storm Brewing
  • Broker Representatives: James Defusto, Darpan Patel & Dan Yozwiak - Marcus & Millichap
  • Date of Sale: 02/25/2026
  • Market: Clearwater
  • Acres: 3.58

The brokerage involved in this transaction was Marcus & Millichap, representing the trustee following Big Storm Brewing's bankruptcy. The brewery filed for Chapter 11 with significant debt and minimal assets, and operations are winding down as an investor awaits trial on unrelated charges.

Players

Darpan Patel

Marcus & Millichap

Broker

$61.4M

vol

19 deals

Broker

Clearwater Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93