Updated Dec 4, 2024
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.
On the Map
$3,200,000
$161/SF
Industrial
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Players
Temple Terrace 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93