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YBOR CITY E 7T Investment N 17Th St Opportunity Reet TAMPA, FLORIDA

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YBOR CITY E 7T Investment N 17Th St Opportunity Reet TAMPA, FLORIDA Downtown Tampa Port Tampa Bay Selmon Expressway e h Av YBOR CITY E 7t Investment N 17th St Opportunity reet TAMPA, FLORIDA PROPERTY Ave th E 8 A ng el Oliv e a Senior St th Av 9 E re et INVESTMENT SUMMARY Jason Donald Patrick Berman Todd Tolbert Steve Aiken Managing Director Managing Director Associate Senior Financial Analyst +1 813 204 5329 +1 813 204 5363 +1 813 204 5350 +1 813 204 5333 [email protected] [email protected] [email protected] [email protected] Cushman & Wakefield of Florida, LLC One Tampa City Center ©2018 Cushman & Wakefield The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s client and the property offered by Cushman & Wakefield, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, Suite 3300 no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of Cushman & Wakefield’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.) Tampa, Florida 33602 INVESTMENT SUMMARY Cushman & Wakefield’s Retail Investment Advisors are pleased to offer for sale 1701-1715 E. 9th Ave., Tampa, Florida (“the Property,”) 21,183 square feet of office/ INVESTMENT HIGHLIGHTS retail space with ample parking located in the heart of the Historic Ybor City District. The Property is 100% occupied by three tenants: DaVita Dialysis (1701), • Rare investment opportunity in the Historic Ybor City District EWI Construction (1715) and Element Engineering Group (1713) and features 65 • One hundred percent (100%) leased to three (3) tenants: Davita surface parking spaces. This offering represents a unique opportunity to acquire Dialysis (National), EWI Construction (Local) and Element one-half of a city block, with lease and parking revenue in place, located on one Engineering Group (Local) of Ybor City’s primary corridors. • Across the street from Centro Ybor: a 230,000 +/- sf mixed use development anchored by AMC Theaters and Ashley Furniture • Within steps of the TECO Line Streetcar; a trolley system with 11 PROPERTY SUMMARY stops servicing Ybor City, Channelside District and Downtown Tampa Address 1701 – 1715 E 9th. Ave., Tampa, FL 33605 • With $2.7M of new funding, TECO Line Streetcar is converting to Site Area 0.80 +/- Acre free fares, increasing pickup frequency to every 15 minutes and Parking 65 Spaces extending hours on nights and weekends Year Built 1950 (1701) and 2000 (1713-1715) • Walking distance to the proposed $892M MLB stadium for the Tampa Bay Rays GLA 21,183 +/-SF • Convenient access to Interstate 275, Interstate 4 and the Selmon DaVita Dialysis (7,840 sf), EWI Construction (7,225 sf) and Tenants Expressway Element Engineering Group (6,218 sf) Occupancy 100% OFFERING SUMMARY Price Call for pricing Year 1 NOI (01-19) $454,437 CLICK HERE Year 1 Rent PSF (01-19): $19.19 FOR DRONE Lease Structures NN & NNN VIDEO YBOR CITY INVESTMENT OPPORTUNITY Downtown Tampa AERIAL VIEW Port Tampa Bay Selmon Expressway Ave E 7th N 17th St reet PROPERTY ve th A E 8 A ng el Oliv e a Senior St th Av 9 E re et YBOR CITY INVESTMENT OPPORTUNITY INVESTMENT SUMMARY SITE PLAN 9th Ave 1713 - 1715 1701 EWI Construction DaVita Dialysis (7,225 SF) Element Engineering Group 7,840 SF eet (6,218 SF) eet a Senior Str 17th Str Angel Oliv NOT INCLUDED 8th Ave YBOR CITY INVESTMENT OPPORTUNITY INVESTMENT SUMMARY YBOR CITY INVESTMENT OPPORTUNITY Ybor City remained the Cigar Capitol of the World until the 1930s YBOR CITY In 2008, 7th Avenue, was recognized as one of the “10 Great Streets in America” by the American Planning Association YBOR CITY INVESTMENT OPPORTUNITY INVESTMENT SUMMARY YBOR CITY OVERVIEW Ybor City is Tampa’s National Historic Landmark District. Evoking the history of Ybor City, the classic brick streets and historic facades blend into a distinct sense of culture that enlivens the environment while preserving a rich history of diversity, community and industry. Today, there are a wide range of people and businesses that choose to call Ybor City home. The Generation X population, born between 1965 and 1981, is the dominant age group living and working in Ybor. Millennials are the next most populous generation, with Baby Boomers and the Silent Generation making up the rest. Most of the residents and workers are female and outweigh the number of men working in Ybor by 20%. With the implementation of new fiber communication networks throughout the district, along with community Wi-Fi spots, Ybor City has been able to attract more than 30 technology firms; specializing in everything from military research and development, to large worldwide e-commerce, to small business software development companies. WORKER & RESIDENT DEMOGRAPHICS Ybor City is full of old-world charm and has a vibrant pulse Workers Residents that transcends generations in the comfort of a relaxed, GEN X 49% 48% yet energetic community. Ybor offers various restaurants MILLENIALS 31% 38% and shops within walking distance for residents and BABY BOOMERS AND 20% 14% workers. Several restaurants honor the cultural roots of SILENT GENERATION Ybor featuring Italian, Spanish and Cuban cuisine, most MARRIED 30% 50% notably the Columbia Restaurant, founed in 1905. HAVE CHILDREN 11% 33% “We found everything we were looking for here: a rich supply of local e-commerce professionals, the perfect building to house our U.S. e-commerce headquarters as well as other retail operations, and the opportunity to contribute to the revitalization of Ybor City.” Source: http://www.yborcityonline.com/ - Todd Wanek, president and CEO of Ashley Furniture Industries Source: Ybor City Development Corporation INVESTMENT SUMMARY Local Ybor City Attractions • The Ritz Ybor performance venue Amelia Ave 15th Ave e 14th Ave v • Ybor City Museum e A v l Frances Ave A a r a t 4 l n 13th Ave O e • Centennial Park Park Ave C Garcia Ave 12th Ave N Boulevard • The Historic Columbia Restaurant H.C.C 11th Ave Highland Ave Highland YborY CampusCamp Palm Ave Palm Ave Palm Ave • Cigar Industry Historic Tours CentrCCeentntrroo 9th9 Ave 9th Ave Ybor YbYYborboorr SITE Square Teco Streetcar • Tampa Bay Brewing Company 8th Ave 275 7th Ave 6th Ave • Centro Ybor YBOR CITY 5th Ave Franklin St 15th St 14th St 16th St 17th St 18th St 19th St 19th 20th St 20th • Vibrant nightclub scene, including Prana, 26th St 23rd St 23rd 24th St 24th 4th Ave St 25th the Orpheum, Empire & Crowbar Morgan St 3rd Ave Kay St UV585 Proposed 2nd Ave • Proposed Rays Stadium: Projected to Scott St Stadium UV585 275 Site open in time for the 2023 season Adamo Dr 60 Selmon Expy UV Laurel St Marion St Nuccio Pkwy Harrison St Port of Tampa Tyler St Zack St Cass St Pierce St Meridian Ave Twiggs St Jeerson St Durham St Cas Florida Ave s St Marconi St Ashley Dr Clark St Total Business Population: 11,138 Channelside Dr Corrine St Morgan St UV60 Ybor Channel University of TAMPA Major Employers Tampa CBD • Ashcomm* (Ashley Thrace St Teco Streetcar Cruise N Furniture Industries: e Whiting St Terminal v Teco Streetcar Water A 45 E-Commerce HQ) t Street UV 22nd St n a District l Florida P Aquarium Grant St Bermuda Blvd • Kforce S Brorein St Cleveland St Sparkman Selmon Expy Amalie Wharf Channelside Dr Arena LEGEND • Kitedesk McKayMcc Bay Teco Streetcar Platt St Tampa Convention Tampa Riverwalk • Masonite Center Sparkman Channel Boulevard Seddon Ch YBOR CITY INVESTMENT OPPORTUNITY Horatio St annel Garrison Channel Hyde Park Ave 4 PALM AVE 275 SITE PROPOSED RAYS STADIUM Cost: Estimated $892 million including the stadium and infrastructure (parking garage and a pedestrian bridge). 7TH AVE Stadium will feature a fixed translucent roof, see-through glass walls and Ybor City-style brick façade. Footprint: Stadium site is 14 acres in Ybor City and in the Channelside District. Capacity: 28,216 seats, with 30,842 total capacity, including 4TH AVE designated standing areas. Parking: Upwards of 15,000 spaces within a 10-minute walk. Potential for a 1,000-space parking garage near Adamo Drive. Timeframe: The Tampa Bay Rays have set a goal of having the stadium ready for the 2023 season. Construction would need CHANNELSIDE DRIVE to commence in early 2020. Source: Tampa Bay Times ADAMO DRIVE SELMON EXPRESSWAY YBOR CITY INVESTMENT OPPORTUNITY.
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