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4214 West Virginia Avenue

Thomas Struthers Purchases Industrial Property From Fady Saba In Tampa For $3.75 Million
SOLDIndustrial

Thomas Struthers Purchases Industrial Property From Fady Saba In Tampa For $3.75 Million

4214 West Virginia Avenue

$3,750,000

$89/SF

Building Size

42,000 SF

Asset Type

Industrial

Closing

Jun 8, 2026

AI

The industrial asset located at 4214 West Virginia Avenue in Tampa was sold for $3,750,000. The property encompasses a total area of 42,000 square feet, resulting in a price per square foot of $89.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,750,000
  • Sale Date: 06/09/2026
  • Buyer: Thomas Struthers
  • Seller: Fady Saba
  • Brokers: Carl Gorman & Felipe Escobar - APEX Capital Realty

Representing the buyer in this transaction, Thomas Struthers collaborated with the brokerage team of Carl Gorman and Felipe Escobar from APEX Capital Realty, facilitating the successful sale process.

Players

Felipe Escobar

APEX Capital Realty

Broker

$52.9M

vol

16 deals

Broker

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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93