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7601 Industrial Lane

Updated Dec 4, 2024

Bilt advertisement
Hawkins Service Company Acquires Industrial Property In Tampa For $3.2M
SOLDIndustrial

Hawkins Service Company Acquires Industrial Property In Tampa For $3.2M

7601 Industrial Lane

$3,200,000

$161/SF

Building Size

19,800 SF

Asset Type

Industrial

Closing

Jan 31, 2024

About this deal

AI

The industrial property located at 7601 Industrial Lane in Tampa has been sold in a closed transaction. The property spans 19,800 square feet and was sold for a total price of $3,200,000, resulting in a price per square foot of $162.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,200,000
  • Square Footage: 19,800
  • Market: Tampa

The buyer of the property is Hawkins Service Company, represented by Daven Henry from LPT Realty.

The industrial sale at 7601 Industrial Lane in Temple Terrace, Florida sold for $3.2M in 2024. The building is 19,800 square feet, implying about 161 per square foot on the published price. Daven Henry, LPT Realty appear on the sale alongside LPT Realty. This page is the Temple Terrace, Florida file for the 7601 Industrial Lane industrial sold: pricing, party profiles, and other closed industrial comps from the same Temple Terrace sit in the Market section below. Filter that Temple Terrace industrial set by closing date to see what else sold near 7601 Industrial Lane around 2024. Published consideration for 7601 Industrial Lane is $3.2M, dated 2024. Cite this Hawkins Service Company Acquires Industrial Property In Tampa For $3.2M sale when underwriting similar industrial product around Temple Terrace, Florida.

Players

Daven Henry

LPT Realty

Broker

$4.8M

vol

2 deals

Broker

Temple Terrace Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $161 per square foot on a published $3.2M for 19,800 square feet (2024).

Visit Daven Henry to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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