9417 Princess Palm Ave - Office FOR SALE


Tampa, FL 33619
$9,475,000 USD
239-293-4858
9417 Princess Palm Ave, Tampa, FL for Sale
$9,475,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

9417 Princess Palm Ave
Tampa, FL 33619


HIGHLIGHTS

  • Exceptionally maintained corporate campus
  • Steep discount to replacement cost
  • Functional, efficient design specifications
  • Best in class corporate park
  • Prominent East Tampa/ I-75 Corridor location

OVERVIEW

Foundry Commercial’s Investment Advisory Group, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 9417 Princess Palm (the “Property” or “Building”), a two-building, 69,637 square foot single-story office/flex campus strategically located within one of Tampa’s most widely recognized business parks - Sabal Park. The Property features excellent transportation dynamics with nearby access to Interstate 75, U.S. Highway 301 and Interstate 4 – three of Tampa Bay’s most critical transportation arteries serving the greater region. Originally built in 1985, this exceptional property has been owned and occupied by Bisk Education (“Bisk”) since 1994, having served as their global corporate headquarters. With the Buildings featuring no interior common areas, future occupiers can take full advantage of their premises within the Property (i.e., useable SF = rentable SF). The Property features a classic brick veneer exterior with tinted glass window systems and an outstanding above-market parking ratio of 5.1 per 1,000. The building’s functional design offers flexible space planning capabilities and can accommodate the full range of occupier footprints. These physical attributes paired with the Property’s irreplaceable location and business campus setting appeal towards occupiers requiring reasonably priced, functional workspace. 9417 Princess Palm presents an exceptional opportunity to acquire high-quality, flexible workspace featuring unrivaled location dynamics and efficient design specifications at a price point well below replacement cost.

FOR SALE DETAILS

PRICE

$9,475,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Bisk Business Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

322

LAND DETAILS

LAND ACRES

6.12 AC

LAND SF

266,587 SF

ZONING

M

APN/PARCEL ID

U-07-29-20-28C-000003-00002.0

ASK ABOUT THIS PROPERTY

Christine MansourFoundry CommercialMore Info
239-293-4858

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

Christine MansourFoundry CommercialMore Info
239-293-4858

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