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7281 Bryan Dairy Road

Basis Industrial Acquires Industrial Asset From Birtcher Anderson For $60M In Tampa
SOLDIndustrial

Basis Industrial Acquires Industrial Asset From Birtcher Anderson For $60M In Tampa

7281 Bryan Dairy Road

$60,000,000

$127/SF

Building Size

472,512 SF

Asset Type

Industrial

Closing

Mar 19, 2025

AI

The property asset involved in this transaction is an industrial asset located at 7281 Bryan Dairy Road in the Tampa market. It was sold for a total price of $60,000,000.00 and features a total square footage of 472,512.0.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $60,000,000.00
  • Address: 7281 Bryan Dairy Road
  • Market: Tampa
  • Buyer: Basis Industrial
  • Seller: Birtcher Anderson

This transaction was facilitated by the participation of Basis Industrial as the buyer and Birtcher Anderson as the seller, indicating a significant asset exchange in the industrial sector of the Tampa market.

Players

Anthony Scavo

Basis Industrial

Broker

$1.3B

vol

44 deals

Broker
Basis Industrial
Basis IndustrialBuyer

Seminole 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

0.26%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93