INDUSTRIAL PROPERTY SHOWCASE – VACANT INDUSTRIAL BUILDING – TAMPA

Tampa

13215 Memorial Hwy | Upper Tampa Bay Workhorse | 17,588 SF | $3,800,000 ($216.06/SF)

Executive Summary

Step forward: this is not a hobby property. It is a ready-for-business industrial node built for throughput, durability, and fast occupancy. 13215 Memorial Hwy is a 17,588-square-foot, single-story warehouse on a 1.03-acre site in the high-demand Upper Tampa Bay corridor. The building was constructed in 2005 and arrives with more than $700,000 in recent improvements — new electrical box, three-phase power availability, upgraded security cameras, industrial-grade ceiling fans, epoxy floors, fresh interior and exterior paint and a solid, 25-foot clear ceiling height that invites racking, staging, and efficient material flow. The campus-style layout and ample parking make it practical from day one. This is a turnkey, visible logistics base positioned at the crossroads of Veterans Expressway and I-275 — the kind of asset that turns decisions into delivery.

Why It Works / Investment Highlights

• Speed to Operations — Extensive recent capex and systems upgrades reduce near-term capital needs and shorten the time between close and cashflow.
• True Throughput Geometry — High clear height (25′) plus abundant grade access make loading, staging, and cross-docking efficient and repeatable.
• Power & Utility Ready — Three-phase power available and a new electrical service support manufacturing, heavy power users, and specialized HVAC.
• Security + Image — New high-end cameras, security system and fresh paint provide functional protection and immediate curb appeal.
• Flexible Exit Options — Priced and positioned for owner-occupier use, 1031-exchange buyers, or a sale-leaseback; multiple buyer pools compete for clean, modern mid-bay industrial.

Property Facts

• Price: $3,800,000 — $216.06/SF
• Rentable Building Area: 17,588 SF
• Lot Size: 1.03 acres
• Year Built: 2005
• Clear Ceiling Height: 25′
• Loading: 10 drive-in / grade-level doors
• Power: Three-phase power available; new electrical box installed
• Improvements: $700,000+ in property upgrades — cameras, epoxy floors, ceiling fans, paint
• Zoning: PD (Planned Development) — Warehouse B (4820)

Strategic Angle

You are buying visibility plus velocity. The property sits at the logical edge of the Tampa logistics grid — close enough to major arteries (Veterans Expressway, I-275) to compress travel time across Hillsborough and Pinellas, yet sited in an industrial pocket that attracts durable tenants.

Market context matters: Tampa Bay’s industrial fundamentals remain resilient, with asking rents in the mid-single to low-double digits per square foot and vacancy below national averages, driven by port, airport, and e-commerce demand. Modern, move-in ready industrial space of this size is rare, and the recent improvements make this property stand out even further.

From a capital perspective, this asset answers the three questions investors care about:
• Can I get it stabilized quickly? Yes — with recent upgrades and functional loading, lease-up is accelerated.
• Can I underwrite maintenance risk? Yes — major systems refreshed and power capacity in place.
• Can I exit to a competitive buyer? Yes — this product type and location attract both private and institutional capital.

Bottom Line

At $3.8M for a 17,588 SF warehouse with 25′ clear height, extensive recent improvements, robust power, and multiple grade-level doors, you are buying a turnkey logistics platform in a corridor where throughput, access, and reliability command premium interest. Well-sited, modern industrial product in Tampa Bay remains the first line of defense in any cycle — it leases, it preserves capital, and it sells to real buyers. Seize the opportunity: secure the address, lock the capability, and start turning that roof, floor, and dock into predictable income.

Links

Argossy International Properties
Tampa Bay Economic Development Dept

Transportation Snapshot

• Cargo Air – Tampa International Airport (TPA): ~9 miles
• Cargo Rail – CSX Intermodal / Uceta Yard: ~20 miles
• Cargo Port – Port Tampa Bay (container terminals): ~17 miles

Listing Courtesy of Ryan Mitchell, KW Commercial