A 5 acre net useable industrial site located in the Madison Business Center was sold today for $750,000. The site was predominately cleared, at grade and already had utilities to the site. Additionally, no offsite improvements were required, it came with 88,000 SF of entitlements and the new owner is able to utilize the existing offsite master water retention system.
The land was purchased by F&R Tampa Real Estate Holdings LLC and will be the new home to All American Containers. Construction on their new facility will commence by the 1st quarter of 2016.
Madison Business Center is home to Coca Cola Enterprises, Chadwell Supply, HD Supply, American Tire, Bridgestone and several other national companies.