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3404 S. Dale Mabry Hwy.TAMPA, FL
Ron SchultzManaging Director+1 727 298 [email protected]
©2020 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.
E XC LUS I V E L I ST I N G
The Subject property’s zip code is #1 on the list of Wealthiest Zip
Codes in Tampa Bay
South Tampa OverviewInterstate 275 & Dale Mabry Highway
Accelerating success. Colliers International | 4830 West Kennedy Boulevard, Suite 300, Tampa, Florida 33609 | +1 813 221 2290 | www.colliers.com/tampabay Produced by:Colliers Tampa Bay GISDisclaimer: Information contained herein is deemed reliable. However, Colliers International makes no guarantees, warranties or representations as to the completeness or accuracy thereof. Date: April 2020
Raymond James StadiumRaymond James StadiumCapacity: 75,000Capacity: 75,000
George M. Steinbrenner Field BallparkGeorge M. Steinbrenner Field BallparkCapacity: 10,000Capacity: 10,000
$180 M Total investment in state‐of‐the‐$180 M Total investment in state‐of‐the‐art upgrades at Raymond James Stadium art upgrades at Raymond James Stadium
and George M. Steinbrenner Fieldand George M. Steinbrenner Field
AndersonAndersonElementary Elementary SchoolSchool400 Students400 Students
Sydney’s Academy Sydney’s Academy & Syndney’s & Syndney’s
Angels for AutismAngels for Autism
MadisonMadisonMiddleMiddleSchoolSchool650 Students650 Students
Midtown TampaMidtown TampaNew Development 2021New Development 2021
22 AC Development22 AC Development1.8 M SF of retail, residential, 3 1.8 M SF of retail, residential, 3
Class-A office buildings, Class-A office buildings, entertainment, and hospitalityentertainment, and hospitalityComing SoonComing Soon
WALTER’S CROSSING
Ballast PointBallast PointElementary SchoolElementary School467 Students467 Students
Jefferson High Jefferson High SchoolSchool
1,818 Students1,818 StudentsWestshore PlazaWestshore PlazaRedevelopmentRedevelopment
00 11MilesMiles
0.50.5
Hende
rson B
lvd.
Hende
rson B
lvd.
Dale
Mab
ry H
wy.
Dale
Mab
ry H
wy.
37,0
00 A
ADT
37,0
00 A
ADT
S M
anha
ttan
Ave
S M
anha
ttan
Ave
S Him
es AveS H
imes Ave
Dale Mabry H
wy
Dale Mabry H
wy
Bayshore BlvdBayshore Blvd
W Gandy BlvdW Gandy BlvdW Gandy BlvdW Gandy Blvd 48,000 AADT48,000 AADT
W. Spruce St.W. Spruce St.
275
Selm
on E
xpre
ssway
Selm
on E
xpre
ssway
Swann AveSwann Ave
Baysho
re Blvd
Baysho
re Blvd
W. Kennedy BlvdW. Kennedy Blvd
N. H
owar
d Av
eN.
How
ard
Ave
S. H
owar
d Av
eS.
How
ard
Ave
33,500 AADT
33,500 AADT
39,500 AADT39,500 AADT
51,00
0 AA
DT
51,00
0 AA
DT
230,000 AADT230,000 AADT
W. Bay to Bay BlvdW. Bay to Bay Blvd
Wes
tsho
re B
lvd
Wes
tsho
re B
lvd
Wes
tsho
re B
lvd
Wes
tsho
re B
lvd
Dale
Mab
ry H
wy.
Dale
Mab
ry H
wy.
W. Boy
Sco
ut D
r.
W. Boy
Sco
ut D
r.
275
275
W. Kennedy BlvdW. Kennedy BlvdS.
Mac
Dill
Ave
S. M
acDi
ll Av
e
34,0
00 A
ADT
34,0
00 A
ADT
29,000 AADT
29,000 AADT
17,0
00 A
ADT
17,0
00 A
ADT
38,5
00 A
ADT
38,5
00 A
ADT
20,5
000
AADT
20,5
000
AADT
179,500 AADT
179,500 AADT
67,5
00 A
ADT
67,5
00 A
ADT
49,5
00 A
ADT
49,5
00 A
ADT
44,500 AADT44,500 AADT
Westshore Marina DistrictWestshore Marina District
3 community parks and miles of waterfront trails3 community parks and miles of waterfront trails350 Unit High Rise Condo Towers350 Unit High Rise Condo Towers150-slip full-service marina by BTI Developers150-slip full-service marina by BTI Developers396 Apartments by The Related Group396 Apartments by The Related Group351 Apartments by Bainbridge Developers351 Apartments by Bainbridge Developers160 Townhomes by WCI Communities160 Townhomes by WCI Communities60,000 SF of Boutique Retail and Dining60,000 SF of Boutique Retail and Dining
38,500 AADT
38,500 AADT
Yankee’s Yankee’s Spring Training Spring Training Practice FieldsPractice Fields
Tampa International AirportTampa International Airport22 M Annual Passengers22 M Annual Passengers
MACDILL AIR FORCE BASE MACDILL AIR FORCE BASE 19,000 Employees19,000 Employees
9,600 Students9,600 Students
H.B. Plant H.B. Plant High High SchoolSchool2,399 2,399 StudentsStudents
Mitchell Elementary Mitchell Elementary SchoolSchool
747 Students747 Students
Howard W. Blake Howard W. Blake High SchoolHigh School
1,671 Students1,671 Students
Tampa Preparatory Tampa Preparatory SchoolSchool
616 Students616 Students
Gorrie ElementaryGorrie Elementary School School
595 Students595 Students
INTERNATIONAL PLAZA
Memorial Hospital Memorial Hospital of Tampaof Tampa183 Beds183 Beds
SOUTH HOWARD AVE
HYDE PARK VILLAGEHYDE PARK
VILLAGE
WESTSHORE PLAZA
TOWN SQUARE CENTER
MIDTOWN TAMPA
MIDTOWN TAMPA
ClosingClosing
Austin CenterAustin CenterRedevelopmentRedevelopment
HYDE PARK VILLAGE
WESTSHORE PLAZA
TOWN SQUARE CENTER
INTERNATIONAL PLAZA
Palma Ceia Palma Ceia Golf & Country Golf & Country ClubClub
BRITTON PLAZA
Furniture GalleryFurniture Gallery
Effective Gross Income $228,988
Operating Expenses $51,446
Net Operating Income (NOI) $177,542
Ownership Type Fee Simple
Year Built/Renovated 1956/2007/2016
Building SF 7,850± SF
Occupancy 100%
Land Area 0.50 Acres
EXECUTIVE SUMMARY S O U T H DA L E S H O P P E S 3 4 0 4 - 3 4 1 6 S . DA L E M A B R Y H W Y. | TA M PA , F L 3 3 6 2 9
PRICE: $3 ,000,000CAP RATE: 5 .92%
I N V EST M E N T H I G H L I G H TS• Property has 60+ parking spaces.
• New roof with 20-year warranty.
• Outstanding demographics – including large daytime populations and high average house-hold income.
• High traffic count of 33,000 vehicles per day on South Dale Mabry Hwy.
• Stable asset in a viable and highly desirable retail district.
• Great visibility and aesthetically pleasing.
• Good mix of health, beauty and professional services tenants.
SUBJECTSUBJECT
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