Northwoods I

Office for Sale
Catylist Listing ID: 30241972
Property Subtypes: Office Building
Building Size (RSF): 46,726 SF
Gross Land Area: 4.50 SF
Sale Price: See Agent
Property Use Type: Investment
Building Name: Northwoods I & II
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/21/2018

Overview / Comments

Kidder Mathews and SVN as exclusive advisors to seller, are pleased to present the opportunity to acquire Northwood Business Center I & II (“the Property”) located at 12409-12417 and 12463-12499 Telecom Drive in Tampa, Florida. The Property consists of two flex office warehouse buildings totaling ±46,726 rentable square feet and is situated on ±4.29 acres of land. Constructed in 1988 and 2000, improvements are comprised of two freestanding single-story buildings (Northwood I & II). Northwood I contains a total ±26,726 square feet, with ±4,400 square feet of that being warehouse space. Northwood II contains a total ±20,000 square feet,100% of which is air conditioned. Construction for the two single-story buildings are primarily of concrete block with brick facade exterior enhanced with aluminum frame tinted glass and fixed glass. Presently, the asset is 23.61% occupied by a mix of three (3) tenants occupying space ranging from ±2,584 to ±5,000 square feet. The Property currently has seven (7) vacant suites with space ranging from ±1,590 to ±12,500 square feet.

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: T-11-28-19-53F-000000-0006C.0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,326 85,039 206,562
Median Age: 38.04 31.31 32.73
Households: 4,158 34,722 81,482
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