Updated Dec 4, 2024
Basis Industrial Acquires Industrial Properties In Tampa, FL For $33M
3801 Corporex Park Drive, Tampa, Fl, 33619; 3902 Corporex Park Drive, Tampa, 33619; 4801 George Road, Tampa, 33634
$33,000,000
$147/SF
Building Size
224,108 SF
Asset Type
Industrial
Closing
Apr 28, 2023
About this deal
AI
The industrial properties located at 3801 Corporex Park Drive, 3902 Corporex Park Drive, and 4801 George Road in Tampa, FL have been sold for a total price of $33,000,000. The combined square footage of the properties is 224,108, resulting in a price per square foot of $147.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $33,000,000
- Address: 3801 Corporex Park Drive, 3902 Corporex Park Drive, and 4801 George Road, Tampa, FL
- Market: Tampa, FL
- Buyer: Basis Industrial - Dan Weinstein & Anthony Scavo
The buyer of these industrial properties is Basis Industrial, represented by Dan Weinstein and Anthony Scavo. The successful transaction highlights the strong demand for industrial properties in the Tampa, FL market.
On the Map
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Market 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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93