LIFOAM DISTRIBUTION CENTER

2701-2801 ANVIL ST N, Saint Petersburg, FL 33710
$11,000,000

Cap Rate
5.51%
Price Per SF
$137
Leasable Area
80,588 SF
Property Type
Industrial

INVESTMENT HIGHLIGHTS

  • STRONG LEASE GUARANTOR – LiFoam Industries is currently occupying approximately 69% of the site (55,588 SF) and using the site for distribution. With mission critical operations nearby and long-term operating history at this location, this site proves crucial for LiFoam.
  • OWNER/USER OR INVESTMENT OPPORTUNITY – The 25,000 SF building at 2801 Anvil St currently has short term leases without options in-place. This along with the proportionate breakdown of office and warehouse space in this building can offer users the ability to move into the site relatively quickly after closing.
  • HIGH QUALITY DISTRIBUTION SPACE – LiFoam’s 55,588 SF of space is high quality distribution space boasting 10 dock high doors, ±22’ clear heights, and ample room for racking. The space is also fully sprinkled and comes with sufficient interior lighting.
  • STRATEGIC LOCATION – Pinellas County is the most densely populated county in the State of Florida. The offering is located between the Tyrone Square Mall and the Atlantic Ocean. Users such as Raytheon, Life Sciences Advanced Technologies, Sybridge Technologies and more all operate in this corridor further emphasizing the appeal this area has to industrial companies.
  • STRONG SUBMARKET FUNDAMENTALS – The South Pinellas Industrial Submarket has seen an 8.53% YOY rent growth per CoStar. With over 59 million SF of industrial space in this submarket, proximity to ancillary companies and clients is immediate for any user at 2701-2801 Anvil St.

Broker of Record

  • Kyle Matthews
  • License No. CQ1066435 (FL)
  • 8668990550
  • Matthews Real Estate Investment Services Inc.
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203