Ad #7998971
MLS #O6413181
5305 Garden Lane is a fully tenanted Industrial Outdoor Storage
5305 GARDEN LN, Tampa, FL 33610
$1,650,000
--Beds
--Baths
1,140Sqft
0.76Acres
About this property
5305 Garden Lane is a fully tenanted Industrial Outdoor Storage asset generating clean current cash flow under a triple-net commercial lease with AutoBase LLC, operating under the VMS Solutions brand under a *Road Rangers* contract with FDOT. The primary lease runs through February 2028 with an additional one-year tenant renewal option, structured triple-net with real estate taxes flowing through to the tenant. Supplemental income is generated through a long-term billboard ground lease with Clear Channel Outdoor featuring guaranteed annual base rent plus a percentage of net advertising revenues -- an inflation-protected income stream with auto-renewal mechanics that extend the lease term effectively into perpetuity. Lease terms, rent structure, and contractual provisions for both tenants are available to qualified buyers under NDA.
Seller will give qualified buyers access to AutoBase during the due diligence period to potentially negotiate an extension of the existing lease prior to closing. This is an uncommon and meaningful concession. A successful extension converts the asset from a short-tail net lease into a long-WALT credit-tenant IOS investment, with material cap rate compression and value enhancement that accrues directly to the buyer at acquisition. Pre-closing tenant engagement, combined with the property's strategic I-4 location and zoning flexibility, gives the right buyer a clear multi-year value creation roadmap from day one.
AutoBase LLC (operating under the VMS Solutions brand) is a national fleet management and vehicle operations company with a multi-decade operating history serving utility providers, telecommunications operators, municipal governments, and transportation authorities across the United States. AutoBase is part of the AutoBase Holdings LLC corporate structure following a 2025 ownership transaction. The tenant occupies the site as a regional fleet storage, dispatch, and crew staging facility -- a built-out operational footprint with significant relocation friction and high renewal probability.
Clear Channel Outdoor is one of the largest outdoor advertising operators in the United States, with billboard structures positioned to capture I-4 corridor traffic. The lease structure provides a guaranteed annual floor plus percentage participation in net billboard revenues, allowing the income to grow with billboard advertising market rates over time. The lease's 30-year initial term and auto-renewal provisions make this a long-term, effectively perpetual income stream.
The General Commercial zoning category is among the most permissive in unincorporated Hillsborough County. CG permits commercial, light industrial, outdoor fleet storage, truck parking, contractor yard, retail, and a broad range of permitted-by-right uses. This zoning flexibility supports current tenancy without restriction and preserves multiple future-use pathways for buyers contemplating eventual repositioning, expanded operations, or redevelopment.
A rare convergence of income, optionality, and location. Income today from two creditworthy national tenants. Optionality through seller-facilitated lease extension access. Premier I-4 location in a submarket where comparable infill IOS land does not come availableprehensive offering package, lease abstracts, and detailed pro forma available to qualified buyers under NDA.
All Reasonable Offers and Terms Considered. Brokers Protected.
Property Features
0 Beds
0 Baths
1,140 Sqft
Built in 1958
0.76 Acres
Siding: Block
$9,589 / yr property tax
Hillsborough County
STATE HWY FARMS Community
Contact Information
Brad Kuskin
Compass
561-232-7899
Location
Listing Agent: Brad Kuskin (License #: 3333122) 561-232-7899
Broker: Compass 305-851-2820 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass 305-851-2820 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,650,000
--
Beds
--
Baths
1,140
Sqft
5305 GARDEN LN, Tampa, FL 33610
By contacting this agent you agree to these Terms and Conditions.
MLS# O6413181
5305 Garden Lane is a fully tenanted Industrial Outdoor Storage
$1,650,000
5305 GARDEN LN, Tampa, FL 33610
--
Beds
--
Baths
1,140
Sqft
0.76
Acres
$1,650,000
5305 GARDEN LN, Tampa, FL 33610
-- Beds
-- Baths
1,140 Sqft
0.76 Acres
5305 Garden Lane is a fully tenanted Industrial Outdoor Storage asset generating clean current cash flow under a triple-net commercial lease with AutoBase LLC, operating under the VMS Solutions brand under a *Road Rangers* contract with FDOT. The primary lease runs through February 2028 with an additional one-year tenant renewal option, structured triple-net with real estate taxes flowing through to the tenant. Supplemental income is generated through a long-term billboard ground lease with Clear Channel Outdoor featuring guaranteed annual base rent plus a percentage of net advertising revenues -- an inflation-protected income stream with auto-renewal mechanics that extend the lease term effectively into perpetuity. Lease terms, rent structure, and contractual provisions for both tenants are available to qualified buyers under NDA.
Seller will give qualified buyers access to AutoBase during the due diligence period to potentially negotiate an extension of the existing lease prior to closing. This is an uncommon and meaningful concession. A successful extension converts the asset from a short-tail net lease into a long-WALT credit-tenant IOS investment, with material cap rate compression and value enhancement that accrues directly to the buyer at acquisition. Pre-closing tenant engagement, combined with the property's strategic I-4 location and zoning flexibility, gives the right buyer a clear multi-year value creation roadmap from day one.
AutoBase LLC (operating under the VMS Solutions brand) is a national fleet management and vehicle operations company with a multi-decade operating history serving utility providers, telecommunications operators, municipal governments, and transportation authorities across the United States. AutoBase is part of the AutoBase Holdings LLC corporate structure following a 2025 ownership transaction. The tenant occupies the site as a regional fleet storage, dispatch, and crew staging facility -- a built-out operational footprint with significant relocation friction and high renewal probability.
Clear Channel Outdoor is one of the largest outdoor advertising operators in the United States, with billboard structures positioned to capture I-4 corridor traffic. The lease structure provides a guaranteed annual floor plus percentage participation in net billboard revenues, allowing the income to grow with billboard advertising market rates over time. The lease's 30-year initial term and auto-renewal provisions make this a long-term, effectively perpetual income stream.
The General Commercial zoning category is among the most permissive in unincorporated Hillsborough County. CG permits commercial, light industrial, outdoor fleet storage, truck parking, contractor yard, retail, and a broad range of permitted-by-right uses. This zoning flexibility supports current tenancy without restriction and preserves multiple future-use pathways for buyers contemplating eventual repositioning, expanded operations, or redevelopment.
A rare convergence of income, optionality, and location. Income today from two creditworthy national tenants. Optionality through seller-facilitated lease extension access. Premier I-4 location in a submarket where comparable infill IOS land does not come availableprehensive offering package, lease abstracts, and detailed pro forma available to qualified buyers under NDA.
All Reasonable Offers and Terms Considered. Brokers Protected.
44 days
on BeachHouse.com
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Property Details
HOME DETAILS
0 Beds
0 Baths
1,140 Sqft
Built in 1958
0.76 Acres
EXTERIOR
Siding: Block
FINANCIAL & COMMUNITY
$9,589 / yr property tax
Hillsborough County
STATE HWY FARMS Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7998971
Viewed
40 times
Listing Status
Active
Added
Jun 28, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
O6413181
Listing Agent: Brad Kuskin (License #: 3333122) 561-232-7899
Broker: Compass 305-851-2820 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass 305-851-2820 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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