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2032 South 51st Street

Thematic Capital Group Acquires Industrial Asset In Tampa For $4 Million Represented By Nick Watson & Dylan Batlle
SOLDIndustrial

Thematic Capital Group Acquires Industrial Asset In Tampa For $4 Million Represented By Nick Watson & Dylan Batlle

2032 South 51st Street

$4,000,000

$245/SF

Building Size

16,320 SF

Asset Type

Industrial

Closing

Dec 21, 2025

AI

The asset involved in the transaction is an industrial property located at 2032 South 51st Street in Tampa. The sale was completed for a total price of $4,000,000, encompassing a square footage of 16,320, resulting in a price per square foot of $245.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $4,000,000
  • Sale Date: 12/22/2025
  • Broker Representatives: Nick Watson & Dylan Batlle - Matthews
  • Buyer: Thematic Capital Group

This transaction showcases the involvement of Nick Watson and Dylan Batlle, who represented the buyer, Thematic Capital Group, in the successful acquisition of the property. Their expertise facilitated the closing of this industrial asset deal within the Tampa market.

Players

Nick Watson

Matthews

Broker

$149.4M

vol

20 deals

Broker
Matthews
Matthews Brokerage

Tampa 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

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93