1404 Sydney Rd, Plant City, FL 33566-7709

This exceptional investment opportunity presents a 10,500-square-foot single-tenant warehouse situated on a 1.6-acre lot in Plant City, Florida. The property boasts 8,500 square feet of warehouse space and an additional 1,700 square feet of air-conditioned office space. The warehouse features 2 dock-high roll-up doors and 1 ramp roll-up door, along with an 18-foot ceiling height. Exterior features include a fully fenced rear area and 15 parking spaces. Significant improvements have been made within the last decade, including a roof replacement in 2013 and parking lot resurfacing and HVAC upgrades in 2018. The property is currently under a short-term net lease with approximately 3 years remaining, featuring annual rent increases of 3-7% based on market rates. This strategically located asset is within a thriving industrial corridor, just 2.5 miles from Interstate-4 and 1.5 miles from US-92, benefiting from Plant City's robust industrial market, which accounts for 60% of Tampa's absorption rate. The surrounding area boasts a population exceeding 75,900 within a 5-mile radius, projected to grow further by 2027, showcasing a 31% population increase since 2000. The asking price is $1,495,000, representing a 4.44% cap rate. This presents a compelling opportunity for investors seeking strong returns in a high-growth market.