information package -...

Information PackageBag mor: 74,117 Sq� Warehouse/Workshops plus 3,065 Sq� O� ce

5226 E. Hillsborough Ave, Tampa, Florida 33610

To schedule a tour or ask questions,please contact Barry Kearney at: (813) 240-0000

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Barry Kearney • (813) 240-0000 • [email protected] • Offices: Tampa & Largo, FLWe obtained the information above from sources we believe to be reliable. However we have not verified its accuracy and make no guarantee, warranty, or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions and estimates for examples only, and they may not represent current or future performance of the property. You and your tax and legal advisors are responsible for conducting your own investigation of the property and transaction.

Facility Highlights and Features

The owner and Kearney Investments re-spectfully request that interested parties refrain from contacting any on-site per-sonnel. All tours must be scheduled in ad-vance by contacting us at (813) 240-0000.

Property Highlights

• Excellent Tampa location situated only 5 min-utes from the I-75 and I-4 intersection

• Superb Visibility with an on-site Water Tower used by many as a landmark

• Adjacent railroad track with opportunity to install a railroad spur

• Convenient access to I-4, I-275, and I-75, Tampa Bay’s primary arteries to the State of Florida

• Ample Parking throughout Property• High Traffic Count – 44,000 AADT (Annual

Average Daily Traffic) on E. Hillsborough Ave. and 33,000 AADT on 56th Street

• Zoned M – Manufacturing (see end of pack-age for allowable uses)

Building Highlights

• Built in 1950-1970 (per hcpafl.org)• Heavily renovated in 2005-2008 (see next

page for Capital Improvements)• Gross Sqft: 77,182 sqft• Office Space: 3,065 sqft• Metal Frame Exterior• Metal Roof with Ridge Vents for heat dis-

Northeast View North View

bursement• 3-Phase 1200 amp 240volt electrical• 22 roll up doors with available space to install

many more• 30 foot eve height and 45 foot insulated ceil-

ing height

Parcel Information

Parcel ID: U-34-28-19-1M5-000005-00024.2Folio #: 040070-0000

History

• No Insurance claims in the past 5 years• Previously had a railroad spur that was re-

moved by CMX due to inactivity, but can be reinstalled if desired

Leasing Information

See pages 5 & 6 for details on units available as well as unit pricing.

Location

The Property is situated in an ideal location for any business. It’s less than 10 minutes away from the I-75 and I-4 intersection. I-75 and I-4 are two of Florida’s largest thoroughfares. The convenience of this loca-

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Capital Expenditures

South View Southwest view

tion directly and indirectly translates into reduced transportation costs. The location is well-placed for a business requiring mass transit due to its proximity to the railroad.

Capital Expenditures

The premise was significantly renovated between 2005 and 2008. Below is a select list of capital im-provements made to the property.

High Level:• Approximately 52,765 sqft of new insulated

roof was installed in 2008• New firewall’s and new electrical installed

throughout the building• Repaired metal beams, floor, plumbing, bath-

rooms, loading docks, etc...• Installed asphalt parking lot throughout the

property• Repaired/replaced perimeter fencing & in-

creased exterior lighting

Select Detailed List:• Ownership installed 3-Phase 1200 amp

240volt electrical throughout the building.• Ownership installed 2 firewalls inside of the

building that are approximately 125’ long by

50’ tall to partition the building for multiple tenants.

• The owners installed new septic drain lines throughout the entire property. Additionally, they had to install water lines across the en-tire property.

• Installed an asphalt parking lot after complet-ing all other construction.

• Replaced the siding on the entire main build-ing.

• Poured 8 inches of concrete on the floors of the building to provide it with a sufficient foundation that allowed for heavy industrial and manufacturing tenants to occupy the space.

• Installed multiple rollup & walk-thru doors as the building didn’t have any doors prior to acquisition.

• Elevated the roll up doors to allow tall trucks access to the building.

• Constructed an interior office for tenant to work out of inside of the warehouse.

• Installed A/C for the office building at the front of the property.

• Installed 8 new electrical services to allow tenants to be sub-metered

• Installed chain-link fencing around the entire property

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US Census 2010 Overview ComparisonJune 25, 2015

Analysis Site: 5226 E HILLSBOROUGH AVE, TAMPA, FL 33610

*Comparison reports are limited to first 10 geographies selected

1 Mile 3 Miles 5 Miles

Basic Variables Population 4,417 76,032 208,651Female Population 2,423 39,929 106,050 Female Percentage 54.8% 52.5% 50.8%Male Population 1,995 36,103 102,601 Male Percentage 45.2% 47.5% 49.2%Households 1,586 28,084 78,212 Age: TotalAge 0 to 4 9.8% 7.7% 7.0%Age 5 to 9 8.2% 7.1% 6.3%Age 10 to 14 7.6% 7.6% 6.6%Age 15 to 17 4.9% 4.9% 4.4%Age 18 to 20 5.4% 5.1% 7.0%Age 21 to 24 6.5% 6.2% 7.1%Age 25 to 29 7.5% 7.7% 8.0%Age 30 to 34 6.0% 6.8% 7.0%Age 35 to 39 5.6% 6.4% 6.5%Age 40 to 44 5.6% 6.2% 6.3%Age 45 to 49 6.3% 6.9% 6.9%Age 50 to 54 6.3% 6.7% 6.5%Age 55 to 59 5.2% 5.8% 5.7%Age 60 to 64 4.4% 4.7% 4.6%Age 65 to 69 3.7% 3.4% 3.3%Age 70 to 74 3.0% 2.6% 2.4%Age 75 to 79 1.9% 1.9% 1.8%Age 80 to 84 1.2% 1.3% 1.3%Age 85 Plus 0.8% 1.0% 1.1% Median Age 31.19 33.32 33.79 Race & EthnicityAmerican Indian and Alaska Native Alone 0.6% 0.5% 0.4%Asian Alone 0.6% 1.4% 2.2%Black Alone 76.0% 61.4% 42.2%Native Hawaiian and Other Pacific Islander Alone 0.1% 0.1% 0.1%

Some Other Race Alone 3.5% 3.6% 4.6%

© 2015 Alteryx, Inc. All rights reserved. Alteryx is a registered trademark of Alteryx, Inc.Alteryx, Inc. - [email protected] - www.alteryx.com - 888 836 4274

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Demographics

Demographics

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Aerial

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Sitemap

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Availability & Pricing

Availability

Units & Pricing - See Sitemap on previous page for unit locations:• Warehouse 1: 17,765 Sqft - OCCUPIED• Warehouse 2: 12,500 Sqft Available with 30-90 days’ notice - $4.95 Modified Gross• Warehouse 3: 22,500 Sqft - OCCUPIED• Warehouse 4: 5,280 Sqft - OCCUPIED• Workshops 5: 5,500 Sqft - OCCUPIED• Office 6: 3,065 Sqft - OCCUPIED• Workshops/Storage 7: 1,500-9,614 Sqft Available with 0-90 days’ notice - $5.95 Modified Gross

All leases are Gross Modified. The tenant is responsible for its base rent, sales tax, electricity, water, trash, pro rata share of property tax, and pro rata share of insurance.

• Sales tax in Florida: 6%• Sales tax in Hillsborough County: 1%• 2016 Operating Expenses (Property Tax + Insurance) = $1.62 per sqft.

The landlord will repair/replace, at landlords expense, electrical, plumbing, asphalt driveway, and all structural items for the buildings (roofs, walls, steel beams, foundation, etc...).

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Location

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