The parcel is specifically located on the northeast corner of US 41 and Big Bend Road, including 1200 feet of road frontage and access points on both Big Bend and US41. The site is 1½ miles from the I-75 and Big Bend interchange, ¼ miles from Port Red wing, and is bounded on the east by the CSX Railroad, which can accommodate a spur into the site.
The Tampa MSA has the 8th lowest industrial vacancy rate nationwide of 5.7%, and this sub market has an extremely low vacancy rate of 1.2%, according to a Grubb and Ellis 2006 Q2 Market Report. The location is strategically located to service the expanding industrial, residential and retail developments within Hillsborough County.
This specific trade area is comprised of manufacturing, distribution and industrial uses heading north on US-41 starting at the site/Big Bend Road, and large volumes of residential heading south from Big Bend Road. Major residential developments include New land Communities’ Covington Park, Mira Bay and Waterset, as well as KB Homes and Toll Brothers. This strategic location makes the site desirable for logistics and distribution efficiencies as well as employees at all levels of compensation.