14014 E Fieldside Place
Office | 64,000 SqFt
Marketing description
CBRE Capital Markets, as exclusive advisor on behalf of Ownership, is pleased to offer for sale the 100% fee simple interest in 14014 East Fieldside Place (the "Property") is strategically located adjacent to Interstate 75, providing exceptional regional connectivity to Downtown Tampa, Tampa International Airport, Interstate 4, and Interstate 275. The Property is occupied by a long-standing, Fortune 50 corporate tenant with a demonstrated operating history at this location. The tenant's recent 5-year early extension through June 2032 underscores the strategic importance of the Property within its broader real estate footprint and reflects a high degree of locational commitment. The surrounding campus environment and proximity to complementary corporate facilities further enhance tenant stickiness and long-term occupancy durability.
Investment highlights
The Property is 100% NNN leased to a single, long-term Fortune 50 tenant with ±6 years of weighted average remaining term ('WALT'). Originally a build-to-suit for this tenant in 1996, they've remained in full occupancy since its delivery.
The stabilized cash flow coupled with the limited deferred maintenance required during an investor's hold period presents an excellent passive investment opportunity that benefits from contractual rental rate escalations and minimal Landlord responsibilities during the remaining lease term.
Serving as one (1) of only two (2) reservation centers for tenant's global operations in Florida, the single tenant security, required redundancy and mission critical nature of the facility further demonstrates tenant's long-term commitment to the Property.
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