Updated Sep 23, 2026
Redfearn Capital Acquires Industrial Facility From Century Fasteners Corp For $4.8M In Tampa
5040 Tampa West Boulevard
$4,800,000
$193/SF
Building Size
24,777 SF
Asset Type
Industrial
Closing
Sep 21, 2026
About this deal
AI
The industrial facility located at 5040 Tampa West Boulevard in Tampa, FL, has an asset size of 1.35 acres and features a total square footage of 24,777. It was sold for a transaction amount of $4,800,000, resulting in a price per square foot of $194.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,800,000
- Address: 5040 Tampa West Boulevard
- Market: Tampa, FL
- Square Footage: 24,777
- Price Per Square Foot: $194
- Buyer: Redfearn Capital
- Seller: Century Fasteners Corp
- Brokers: Robyn Hurrell, Kyle Kidd, Tom Quinlan & Dominic Hewitt - Colliers
Century Fasteners Corp. sold the property but will lease back the entire building for a period of seven years, allowing the company to maintain its presence in the Tampa location while transferring ownership to Redfearn Capital.
On the Map
$4,800,000
$193/SF
Industrial
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Players
West 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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93