For Sale
For Sale
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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
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 TypeIndustrial
- Submarket
- Total Acres4.24
- Property ID2071464