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
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