3314 Henderson Blvd - Office FOR SALE


Tampa, FL 33609- Gray Gables
$4,950,000 USD
727-235-1992
3314 Henderson Blvd, Tampa, FL for Sale
$4,950,000 USD
Office - FOR SALE
1/14
null | 6.63% Cap Rate

3314 Henderson Blvd
Tampa, FL 33609
Gray Gables


HIGHLIGHTS

  • Hi Profile Hard Signal Lighted corner
  • Excellent Signage
  • New Roof & Updated Elevator

OVERVIEW

John Burpee & Associates is pleased to present an exceptional opportunity to acquire The Henderson Pointe Office Building, a highly visible, fully stabilized asset in the sought-after Palma Ceia submarket of South Tampa. The property sits prominently on a hard-signalized corner at 3314 Henderson Blvd., Tampa, FL 33609, and totals 17,070 sq ft. It is currently 100% occupied and has been professionally managed by our affiliate, Radiant Asset Management of Florida, for more than 15 years, with management available to continue under new ownership. This masonry-block, two-story, elevator-served office building offers immediate upside for an investor by enabling the conversion of the existing Modified Gross leases to a true triple-net (NNN) structure. Additionally, there are 1,271 sq ft of common-area space available to pass through to tenants, representing an estimated $650,000 in added value. The property has been well-maintained, featuring: • Modernized elevator (2014) • SPF (Sprayed Polyurethane Foam) roof installed in 2023 with a transferable 10-year warranty • Attractive exterior with large corner signage and mature landscaping • Fourteen (14) digitally controlled split-system HVAC units, serviced regularly by a reputable local firm. Henderson Pointe has consistently outperformed the local office market due to its premium visibility, high-traffic corner, and long-term stable tenant base. Many tenants have been in occupancy for 10+ years, providing reliable income continuity. The property has maintained approximately 98% occupancy for more than a decade, including through peak COVID years. Any tenant turnover is historically filled quickly due to on-site signage and strong drive-by exposure. Opportunities of this quality and location are rarely available in Palma Ceia. The current month-to-month status of many leases allows a new owner to raise rents to market levels immediately. The seller has owned this asset for over 20 years and is willing to consider owner financing for a qualified buyer. 01 Executive Summary Offer Price? $4,950,000 CAP Rate ? 6.63% Price Per Sq Ft ? $290 For additional information please contact John Burpee 727-828-9498 or John@BurpeeCommercial.com

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

6.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Henderson Pointe

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

CG

APN/PARCEL ID

A-22-29-18-3MU-N00000-00001.0

ASK ABOUT THIS PROPERTY

John BurpeeJohn Burpee & AssociatesMore Info
727-235-1992

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John BurpeeJohn Burpee & AssociatesMore Info
727-235-1992

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.