SOLDIndustrial
Victor M. Jaramillo Of CBI Real Estate Facilitates $32.01M Warehouse Sale In Tampa
5501 Pioneer Park Boulevard & 9700 Solar Drive
$32,010,000
$270/SF
Building Size
59,264 SF
Asset Type
Industrial
Closing
Jul 13, 2026
AI
wA warehouse located at 5501 Pioneer Park Boulevard & 9700 Solar Drive in the Tampa market has been sold for $32,010,000. The asset spans 169,000 square feet, equivalent to a price per square foot of $189.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $32,010,000
- Square Footage: 169,000
- Price Per Square Foot: $189
- Buyer’s Representative: Victor M. Jaramillo - CBI Real Estate
Victor M. Jaramillo, the CEO and Principal Broker of CBI Real Estate, successfully managed the discreet off-market acquisition, collaborating between a $1.2 Trillion AUM institutional seller and a $7 Billion AUM institutional buyer. CBI Real Estate maintains a focus on institutional properties and controls over $1 Billion in off-market inventory exclusively for their capital partners.
Tampa Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93