9417 Princess Palm
9417 Princess Palm | Owner-User Campus Offering
Marketing description
Foundry Commercial’s Investment Advisory Group, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 9417 Princess Palm (the “Property” or “Building”), a two-building, 69,637 square foot single-story office/flex campus strategically located within one of Tampa’s most widely recognized business parks - Sabal Park. The Property features excellent transportation dynamics with nearby access to Interstate 75, U.S. Highway 301 and Interstate 4 – three of Tampa Bay’s most critical transportation arteries serving the greater region.
Originally built in 1985, this exceptional property has been owned and occupied by Bisk Education (“Bisk”) since 1994, having served as their global corporate headquarters. With the Buildings featuring no interior common areas, future occupiers can take full advantage of their premises within the Property (i.e., useable SF = rentable SF). The Property features a classic brick veneer exterior with tinted glass window systems and an outstanding above-market parking ratio of 5.1 per 1,000. The building’s functional design offers flexible space planning capabilities and can accommodate the full range of occupier footprints.
These physical attributes paired with the Property’s irreplaceable location and business campus setting appeal towards occupiers requiring reasonably priced, functional workspace. 9417 Princess Palm presents an exceptional opportunity to acquire high-quality, flexible workspace featuring unrivaled location dynamics and efficient design specifications at a price point well below replacement cost.
Investment highlights
- Exceptionally maintained corporate campus
- Steep discount to replacement cost
- Functional, efficient design specifications
- Best in class corporate park
- Prominent East Tampa/ I-75 Corridor location
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