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Jadian IOS Acquires Industrial Property From Pepper Contracting Services In Tampa For $6.35M

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SOLD
$6,350,000

Florida

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Industrial24,505 SF
Sold 11/26/2025
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Property Image
SOLD

Jadian IOS Acquires Industrial Property From Pepper Contracting Services In Tampa For $6.35M

6920 Asphalt Avenue

See Similar Deals
Industrial24,505 SF
Sold 11/26/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$259
Total Square Footage:24,505 SF
Transaction Type:Sale

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

Santiago Acevedo
12 deals$63M volume(954) 652-9911
BROKER

Rich DeGirolamo
Compass
8 deals$47.6M volume(215) 680-2266
BROKER

Jadian IOS
BUYER

Details

SOLD
IMAGE: Santiago Acevedo & Rich DeGirolamo DATE: 11/26/2025 ADDRESS: 6920 Asphalt Avenue MARKET: Tampa ASSET TYPE: Industrial BUYER: Jadian IOS SELLER: Pepper Contracting Services, Inc. - Doug Ebbers BROKERS: Santiago Acevedo (@SantiagoAceved.o) & Rich DeGirolamo - Compass (@Compass) SALE PRICE: $6,350,000 SF: 24,505 ~ PPSF: $259 TOTAL ACRES: 7.66 USEABLE ACRES: 3.70 NOTE FROM BROKER: We focus on sourcing and facilitating exclusive off-market transactions for our clients. For additional opportunities, please contact Santiago Acevedo ([email protected]) & Rich DeGirolamo ([email protected]).

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$338,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,560.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,102.24
Annual Debt Service$361,226.88