Industrial Property for Lease in Clearwater, FL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Clearwater, FL 33762
  • Size: 21,730 SF
  • Year built: 1980

Description

4151 118th Avenue North, Clearwater, FL 33762 is offered for lease on a NNN basis. This 10,500± square foot, clear span freestanding industrial building was built in 1980 of fully insulated metal construction and provides 1,500± square feet of office, 9,000± square feet of clear span warehouse, 13.7’-16’ clear height, 800± amps of 3-phase power, 2 restrooms, high bay lighting, skylights, and exhaust fans. Loading is served via four (4) grade level doors (3 measuring 14’h x 16’w) and one shared dock well. The facility is fully sprinklered. There are approximately 10-15 parking spaces and a small paved and fenced outside storage and parking area (measuring roughly 90’ by 40’) on the west side of the building. The .65 acre MOL site is zoned E-1, Employment 1 (Unincorporated Pinellas County) and is located on the north side of 118th Avenue North between 40th Street North and 49th Street North providing excellent frontage, signage, and visibility on 118th Avenue North with a daily average traffic count of 42,500± vehicles/day. The site maintains an excellent Gateway location with easy access to Interstate 275 (2 miles), the Gateway Expressway (.9 mile), US Highway 19 North (1.3 mile), Ulmerton Road (1.2 mile), and 49th Street North (.6 mile). St. Pete/Clearwater International Airport is only 2.2 miles away and Tampa International Airport is approximately 13 miles away. Building SF: 21730 | Land Size: 65.0 Ac | Year Built: 1980 | Listing Type: FOR LEASE

Market Context

This industrial in Clearwater, FL is listed for lease across 21,730 SF. The building dates to 1980. It has been on the market for 38 days. Compare it against other industrial listings for lease in Clearwater, FL — <a href="/search/lease/industrial/florida/clearwater">view the full market</a>.

As of Q1 2026, the Tampa industrial market showed a 7.3% vacancy rate, rents up 6.4% year over year, and cap rates around 7.6%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Tampa?
About 7.6% as of Q1 2026, per Consensus.
Is the Tampa industrial market tightening or softening?
Vacancy is around 7.3%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$0.86/SF/mo – $1.16/SF/mo

Mid: $1.01/SF/mo

Total estimate for 21,730 SF: $21,947

Cost-of-business estimate only; rate estimator unavailable.

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