• Park 6 - 11902 Race Track Rd, Tampa, FL 33626

For Sale

Industrial

For Sale

This property is available for sale
4.24
Acres
Negotiable
Sale Price
  • Overview

    Park 6 consists of six buildings spread across 184,500 rentable square feet. Strategically located at the convergence of Hillsborough, Pinellas, and Pasco counties, Park 6 is one of Tampa’s most sought after corporate business parks by occupiers, currently 93.1% leased to a roster of national tenants. Most notable are Leader Tech Inc., EpiSource, Jump Zone, and Empire Underwriters, which account for approximately 41% of the leased space within the park.

    Stabilized portfolio with below market rents
    Recently completed capital improvements - monument signage, parking lots, exterior paint, exterior fascia
    Amenity rich neighborhood – Starbucks, Dunkin Donuts, Village Inn, Bank of America, Regions Bank, Chase Bank, CVS, Walgreens, and Winn-Dixie within ½ mile of the Park
    Significant barriers of entry within 5 miles – investors to benefit entering a market not encumbered by new development leading to appreciating rents
    Discount to replacement cost – provides a competitive advantage to compete in procuring tenants in the market
    Large labor pool – over 1.1M people living within a 30 minute drive time due to being located at the convergence of the three most highly populated counties in the Tampa Bay MSA

Contact or Call

Property Details

Park 6 consists of six buildings spread across 184,500 rentable square feet. Strategically located at the convergence of Hillsborough, Pinellas, and Pasco counties, Park 6 is one of Tampa’s most sought after corporate business parks by occupiers, currently 93.1% leased to a roster of national tenants. Most notable are Leader Tech Inc., EpiSource, Jump Zone, and Empire Underwriters, which account for approximately 41% of the leased space within the park.

Stabilized portfolio with below market rents
Recently completed capital improvements - monument signage, parking lots, exterior paint, exterior fascia
Amenity rich neighborhood – Starbucks, Dunkin Donuts, Village Inn, Bank of America, Regions Bank, Chase Bank, CVS, Walgreens, and Winn-Dixie within ½ mile of the Park
Significant barriers of entry within 5 miles – investors to benefit entering a market not encumbered by new development leading to appreciating rents
Discount to replacement cost – provides a competitive advantage to compete in procuring tenants in the market
Large labor pool – over 1.1M people living within a 30 minute drive time due to being located at the convergence of the three most highly populated counties in the Tampa Bay MSA

  • Property Type
    Industrial
  • Submarket
  • Total Acres
    4.24
  • Last updated
    Feb 13, 2019
  • Property ID
    2071464

Landlord's Sales Representatives

  • Robyn Hurrell
    Colliers | Tampa
     
  • Ryan Vaught
    Colliers | Tampa