Jadian IOS Acquires Industrial Property From Pepper Contracting Services In Tampa For $6.35M
6920 Asphalt Avenue
$6,350,000
$259/SF
Building Size
24,505 SF
Asset Type
Industrial
Closing
Nov 25, 2025
AI
This industrial asset, located at 6920 Asphalt Avenue in Tampa, was sold for $6,350,000. The property encompasses 24,505 square feet and spans a total of 7.66 acres, with 3.70 usable acres designated for your operational needs.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,350,000
- Square Footage: 24,505 SF
- Price Per Square Foot: $259
- Total Acres: 7.66
- Usable Acres: 3.70
- Buyer: Jadian IOS
- Seller: Pepper Contracting Services, Inc. - Doug Ebbers
- Broker: Santiago Acevedo & Rich DeGirolamo - Compass
The transaction involved Jadian IOS as the buyer and Pepper Contracting Services, Inc., represented by Doug Ebbers, as the seller. The brokers facilitating this deal were Santiago Acevedo and Rich DeGirolamo from Compass, who specialize in exclusive off-market transactions.
Players
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
2.50%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93