A precision value-add repositioning — acquired below replacement cost in Tampa's most supply-constrained airport-proximate submarket, with verified in-place income, documented forced-appreciation levers, and a clear institutional exit.
The vision is clear — transform a 45,560 SF legacy industrial asset into a modern, fully leased multi-tenant facility positioned for institutional acquisition. Exterior upgrades include new metal paneling, fresh paint, updated signage, and improved curb appeal across all street-facing elevations. Interior repositioning targets Class A warehouse and flex finishes at $25.42/SF Full Service Gross + 8% CAM ($27.46/SF effective) — a standard Drew Park institutional buyers are actively pursuing.
Four active tenants generating $256,200 annually on executed leases and license agreements — all verified via executed documents, county records, and utility bills. Three vacant spaces represent $525,900 in annualized upside at $15/SF market rates.
| Tenant | Suite | SF | Lease Type | Monthly Rent | Annual Rent | $/SF/Yr | Expires | Status |
|---|---|---|---|---|---|---|---|---|
| All Star Paper Goods | Unit 1 | 25,000 | Modified Gross | $7,500 | $90,000 | $3.60 | Month-to-Month | Vacating Apr 2026 |
| Kitchen Cabinet & Stone Inc. | Unit 2 | 4,000 | NNN | $4,000 | $48,000 | $12.00 | Jul 31, 2026 | Active — Verified |
| Kitchen Cabinet & Stone Inc. | Unit 3 | 4,200 | NNN | $4,200 | $50,400 | $12.00 | Jul 31, 2026 | Active — Verified |
| Kitchen Cabinet & Stone Inc. | Unit 4 | 700 | NNN | $650 | $7,800 | $11.14 | Jul 31, 2026 | Active — Verified |
| Metro Diner LLC | Unit 5 | 1,600 | NNN | $2,000 | $24,000 | $15.00 | Month-to-Month | Active |
| Skyline Limousine of Tampa Bay | Unit 6 (Outdoor Parking) | — | License Agreement | $3,000 | $36,000 | — | Dec 31, 2025 | Active |
| TOTAL IN-PLACE | — | 35,500 SF | — | $21,350/mo | $256,200/yr | — | — | — |
70% LTC senior bridge loan funds the acquisition. 100% of CapEx is separately funded through the rehab draw. Total equity requirement of ~$1.2M — sourced from the liquidity partner and internal JV capital — keeps sponsor alignment high and lender risk low.
Operating Sponsor (Javier A. Suarez) — Signs all loan documents, provides institutional track record and REO portfolio, oversees complete execution and leasing strategy.
Liquidity Partner — LLC member (not a silent contributor). Demonstrates $1.0M–$1.5M+ verified liquidity via bank statements. Limited operational involvement. Structure eliminates lender ambiguity around sponsorship, personal guarantees, and liquidity requirements.
"This is an asset-heavy, basis-light industrial repositioning acquired well below market, with conservative leverage, strong in-place fundamentals, and clear forced-appreciation levers. Even under conservative underwriting, stabilized value materially exceeds total cost."
Explore Partnership OptionsContract price of $3.75M ($82.31/SF) vs. as-is stabilized market value of $7.18M+ ($157.68/SF). Buying at a $3.43M discount to as-is market value before any renovation upside. Embedded equity protection from day one.
All Star Paper Goods holds 25,000 SF at $3.60/SF (Modified Gross) on a month-to-month lease, vacating April 2026. Tampa market rate is $15/SF+. Re-leasing this single space at market adds $283,500 in annual NOI — documented, not speculative.
10,060 SF currently vacant (VAC-1 unidentified space + VAC-2 Corner Loft). Combined with All Star's departure, total vacancy represents $525,900 in annual upside at $15/SF as-is rents. Repositioned at $25.42/SF Full Service Gross + 8% CAM ($27.46/SF effective), potential gross revenue reaches $1,173,942.
70% LTC senior bridge with 100% rehab funding provides downside protection while maximizing equity returns. $1.2M equity requirement keeps sponsor alignment strong. Lender-clean structure via Suarez Global Ventures LLC designed for fast approvals.
Sell stabilized to institutional buyer (Prologis, Basis Industrial, 1031 exchange buyers) at 6.5% cap → $13,055,538 estimated value. Or refinance to permanent at $8.5M loan, locking $237,045 free cash flow annually at 1.39x DSCR. Both pathways supported by current market data.
At stabilization, the permanent loan of $8.5M (65% LTV) delivers healthy free cash flow with a DSCR of 1.39x — well above typical lender minimums — positioning the asset for either a clean institutional sale or a long-term cash-flowing hold.
Institutional capital is actively flowing into Tampa's fastest-growing industrial corridor — backed by billions in public infrastructure investment, a $1.5B TPA expansion, and unprecedented regional economic tailwinds.
The Tampa Bay Rays are building their permanent home — a state-of-the-art ballpark and mixed-use district on the Westshore/Dale Mabry corridor. 4214 W Virginia Ave sits in the direct path of the largest development Tampa Bay has ever seen. This is not speculative — it has the backing of Florida's Governor, the MLB Commissioner, Hillsborough County, and every major sports franchise in the region.
This deal is open to accredited investors and strategic capital partners. We are actively seeking a liquidity partner with $1.0M–$1.5M+ verified liquidity to join as an LLC member in Suarez Global Ventures LLC. Request the full data room — including executed leases, county tax records, insurance quotes, and utility verification — and schedule a call with Javier A. Suarez.