Hardin Group Office Building OR 4224 Henderson Blvd., Tampa, FL 33629 LEASE 20,000SF± OFFICE BUILDING on 1.20 ACRES± Jacob Real Estate Services, Inc
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FOR SALE Hardin Group Office Building OR 4224 Henderson Blvd., Tampa, FL 33629 LEASE 20,000SF± OFFICE BUILDING ON 1.20 ACRES± Jacob Real Estate Services, Inc. The property offered is a 20,000 square foot “Headquarters” office building situated on a 1.2 acre site in the heart of South Tampa surrounded by two great neighborhoods, Sunset Park and Palma Ceia. Built in 1959 as the headquarters of Smalley Transportation, a local trucking company, the property was acquired by the Hardin Group in 1995 for use as the Tampa headquarters of its company People®, a Professional Employer Organization. Pictured above is the west elevation along Henderson Boulevard Address: 4224 Henderson Boulevard, Tampa, Florida 33629-5611 Location: The property is located on the east side of Henderson Boulevard (SR 685) a four lane state road which is a main commercial corridor that connects with Dale Mabry and Kennedy Boulevard to the north and with Manhattan Avenue to the south. The property is located just south of the signalized intersection at Henderson, Lois Avenue and San Rafael. The area is served by a good local road network, and is approximately 10 minutes away from both Tampa International Airport to the north and the Downtown Business District to the northeast via Henderson, Lois Avenue or West Shore Boulevard. Dale Mabry Highway, a major north-south arterial is located about four blocks to the east. The subject is ideally suited to house a business or group that is owned or managed by someone living in South Tampa. Neighborhood: Palma Ceia West. As the local area developed after World War II in the 1950’s and 1960’s, the surrounding neighborhoods are largely residential with commercial uses located along the arterials. There are approximately 5,220 households within a one-mile radius of the subject and with median household income of $ 104,496.00. The combined 24 hour traffic counts along Henderson Boulevard are 20,531 trips to the north, and 17,977 trips to the south. Access: Primary access for visitors into the property is off of Henderson Boulevard with parking located along the entire front of the building on either side of the main entrance. The employee parking lot is accessed off of San Miguel Street between Lois Avenue and Henderson Boulevard Size: Building Area: 19,891 sq.ft.± of which 19,276 sq.ft. is air-conditioned (www.hcpafl.org) Land Area: 52,621.78 sq.ft.± or 1.20 acres ± FOR SALE OR LEASE 20,000SF± OFFICE BUILDING 4224 HENDERSON BOULEVARD, TAMPA, FL. 33629 1 Information provided here is believed to be correct but is subject to verification by the reader. ========================================================================================== Jacob Real Estate Services, Inc. | Commercial Real Estate Services | 813-258-3200 | Fax 254-8168 607 W. Bay Street, Tampa, FL. 33606 | [email protected] | www.jres.net Area Map: Aerial Photo (2014) from www.hcpafl.org: FOR SALE OR LEASE 20,000SF± OFFICE BUILDING ~ 4224 HENDERSON BOULEVARD, TAMPA, FL. 33629 2 Information provided here is believed to be correct but is subject to verification by the reader. ========================================================================================== Jacob Real Estate Services, Inc. | Commercial Real Estate Services | 813-258-3200 | Fax 254-8168 607 W. Bay Street, Tampa, FL. 33606 | [email protected] | www.jres.net Parking: 98 asphalt paved parking spaces provides a ratio of 5 spaces per 1,000 square feet of leaseable area. 14 of the onsite spaces including 2 handicap spaces are located along the Henderson Boulevard frontage. Access to the main parking area is off of San Miguel. Flood Zone: According to the Federal Emergency Management Agency (FEMA) Flood Hazards Map Number 12057C0342H, dated 8/28/2008, the subject property is located in Zone X, areas low to moderate flood risk, not prone to flooding. Zoning: CG, Commercial General, City of Tampa allows a wide variety of neighborhood and general commercial uses like those found along Henderson, Kennedy and Dale Mabry. Land Use: The property falls into two different land use plan categories: The front building with the original parking areas that included 63± spaces is designated CMU-35, Community Mixed Use which allows a maximum development density of 35 residential units per gross acre or commercial development density floor area ratio (FAR) of 1.5. The current CG zoning is consistent with the Land Use Plan designation. The adjacent area that the Seller acquired for additional parking includes approximately 18,024sq.ft.± which is designated R-6, Residential 6, with a maximum development density of 6 residential units per gross acre or a maximum commercial development density floor area ratio (FAR) of .35. Below is a Future Land Use Plan map. FOR SALE OR LEASE 20,000SF± OFFICE BUILDING 4224 HENDERSON BOULEVARD, TAMPA, FL. 33629 3 Information provided here is believed to be correct but is subject to verification by the reader. ========================================================================================== Jacob Real Estate Services, Inc. | Commercial Real Estate Services | 813-258-3200 | Fax 254-8168 607 W. Bay Street, Tampa, FL. 33606 | [email protected] | www.jres.net Taxes: Folio #: 119111.0000 2015 Assessed Value: $1,897,200.00 2015 Taxes: Ad Valorem: $39,008.87 Non-advalorem $ 1,215.24 Total: $40,224.11 Utilities: The property has three phase electric provided by Tampa Electric Company(TECO), telephone and fibre optic data provided by Charter(Brighthouse) and Frontier (Verizon), gas provided by TECO, municipal water, sewer and trash service provided by the City of Tampa. Building Site Plan: The site plan below shows the building with the appurtenant parking as it existed when the Sellers acquired the property in 1995. FOR SALE OR LEASE 20,000SF± OFFICE BUILDING 4224 HENDERSON BOULEVARD, TAMPA, FL. 33629 4 Information provided here is believed to be correct but is subject to verification by the reader. ========================================================================================== Jacob Real Estate Services, Inc. | Commercial Real Estate Services | 813-258-3200 | Fax 254-8168 607 W. Bay Street, Tampa, FL. 33606 | [email protected] | www.jres.net Overflow Parking Site Plan: On the following page is the site plan for the additional parking that was created in 1996 at the top shows the drive coming in off of San Miguel to the south (left at the top). Lois Avenue abuts the parking area along the east side. Improve- ments: The property is constructed of masonry with exterior concrete block walls with a yellow brick façade on the Henderson frontage, with anodized aluminum dark bronze window mullions and tinted glass at the entry. The exterior wall height is 12 feet at the eave, and the roof is framed with steel bar joists supporting a flat roof with a light weight gypsum deck and a TPO membrane cover that was installed in March 2013. There is a column line running along the middle of the building. The building has central heat and air and has been well maintained. The interior finishes are above average as the building has been updated on an ongoing basis. There is a walled in exterior garden and break area on the south side, and the overflow parking area features lush landscaping and pervious drainage and storm water systems and a break area. Billboard: In 2001, the Seller signed a 10 year Lease with an outdoor advertising company to install a mono-pole billboard near the southwest corner of the building. The lease provided for minimum annual rent of $9,000.00 on a fully-net basis. The lease currently renews every year and can be terminated by either party. Pictured below is the billboard which is cantilevered over the building’s roof near the south property line. Multi-Tenant: The building is demised to permit multiple tenants, and at present there is available space for lease. In the picture below, a separate entrance for a tenant company is shown with the adjacent parking accessed off of Henderson. FOR SALE OR LEASE 20,000SF± OFFICE BUILDING 4224 HENDERSON BOULEVARD, TAMPA, FL. 33629 5 Information provided here is believed to be correct but is subject to verification by the reader. ========================================================================================== Jacob Real Estate Services, Inc. | Commercial Real Estate Services | 813-258-3200 | Fax 254-8168 607 W. Bay Street, Tampa, FL. 33606 | [email protected] | www.jres.net Floor Plan: North is at the top. FOR SALE OR LEASE 20,000SF± OFFICE BUILDING 4224 HENDERSON BOULEVARD, TAMPA, FL. 33629 6 Information provided here is believed to be correct but is subject to verification by the reader. ========================================================================================== Jacob Real Estate Services, Inc. | Commercial Real Estate Services | 813-258-3200 | Fax 254-8168 607 W. Bay Street, Tampa, FL. 33606 | [email protected] | www.jres.net The main entrance to the building is pictured at left. The employee entrance off of the back parking lot is pictured below.. The employee parking area is tree shaded and has a picnic table and break area as shown below. FOR SALE OR LEASE 20,000SF± OFFICE BUILDING 4224 HENDERSON BOULEVARD, TAMPA, FL. 33629 7 Information provided here is believed to be correct but is subject to verification by the reader. ========================================================================================== Jacob Real Estate Services, Inc. | Commercial Real Estate Services | 813-258-3200 | Fax 254-8168 607 W. Bay Street, Tampa, FL. 33606 | [email protected] | www.jres.net Asking Price: $ 3,900,000.00 or $202.32psf. The Seller will consider leasing back all or a portion of the leased premises for an agreed upon to term to facilitate a sale. The building is currently demised to accommodate two or three separate tenants, and the Seller will consider a lease at market rates, and or a lease-purchase option for qualified purchasers. For additional information please contact: James C. Jacob, CCIM, Kathy Jacob or Deanna Canella 813-258-3200 or cell 245-7717 Disclaimer Any information given herewith is obtained from sources we consider reliable.