Florida Commercial Real Estate | Tampa Commercial Real Estate

2012 1st Quarter Sales of Interest – Hillsborough County

May 15th, 2012 No comments

Address	8206 Citrus Park Dr
Property Type	FedEx & Verizon – Store Building
Sales Date	01/31/2012
Sales Amount	$3,500,000
Amount/Sq Ft	$531.67 (price includes .29 acres of adjacent parking)
Prior Sale Amount	$1,750,000
Prior Sales Date	05/11/2007
Exterior Wall	Brick

Address	15412 N. Dale Mabry Hwy
Property Type	Sonny’s BBQ – Restaurant Building
Sales Date	01/27/2011
Sales Amount	$1,457,865
Amount/Sq Ft	$246.09
Prior Sale Amount	$2,150,111
Prior Sales Date	12/7/2000
Exterior Wall	Concrete Block

Address	13179 N Dale Mabry Hwy
Property Type	Wendy’s – Fast Food Franchise
Sales Date	03/06/2012
Sales Amount	$1,700,000
Amount/Sq Ft	$595.24
Prior Sale Amount	$890,…
Prior Sales Date	01/1989
Exterior Wall	Brick

Address	8411 N Dale Mabry HWY
Property Type	Old Albertsons – Supermarket
Sales Date	02/29/2012
Sales Amount	$6,350,000
Amount/Sq Ft	$102.26
Prior Sale Amount	$777,000
Prior Sales Date	01/28/2011
Exterior Wall	Precast Panel

Address	1001 E Adamo Drive
Property Type	Sonny’s BBQ – Restaurant Building
Sales Date	01/27/2012
Sales Amount	$1,176,211
Amount/Sq Ft	$225.00
Prior Sale Amount	$27,500
Prior Sales Date	00/1971
Exterior Wall	Stucco

Address	4020 W Kennedy Blvd
Property Type	Strip Commercial Center
Sales Date	11/15/2011
Sales Amount	$765,000
Amount/Sq Ft	$144.89 (Multiple Properties)
Prior Sale Amount	$650,000
Prior Sales Date	08/04/2011
Exterior Wall	Stucco

Address	4005 S. Dale Mabry Hwy
Property Type	JP Morgan – Financial Building
Sales Date	01/20/2012
Sales Amount	$1,70,000
Amount/Sq Ft	$237.36
Prior Sale Amount	$1,805,000
Prior Sales Date	02/01/2002
Exterior Wall	Brick

Address	1102 Goldfinch Drive
Property Type	Sonny’s BBQ – Restaurant Building
Sales Date	01/27/2012
Sales Amount	$1,215,692
Amount/Sq Ft	$209.75
Prior Sale Amount	$600,000
Prior Sales Date	09/14/2001
Exterior Wall	Stucco

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Tampa Bay Business News and Commentary

May 12th, 2012 No comments

Chicago group’s $4 million bid for Channelside complex rejected

Two weeks ago, the Tampa Bay Times reported that at least two well-connected local groups have submitted bids to buy Channelside. Tampa Bay Lightning owner Jeff Vinik has teamed with Andrew Wright, head of Tampa commercial real estate firm Franklin …continue reading

Breakfast menus serve up potential business

During the recession, expanding breakfast hours to accommodate habitual breakfast patrons became a way to stem the erosion of customers later in the day…continue reading

Cutbacks? Stadium vs HART

Ridership on HART buses in Hillsborough is setting records as folks look for ways to combat the obscene price of gas…continue reading

Pinellas County tourism post highest-grossing month in it’s history

The 5 percent bed tax, which is tacked onto hotel and motel bills, is funneled to the Pinellas County Tourist Development Council to promote tourism. Some of the money goes to beach renourishment and sports facilities as well as marketing the area both …continue reading

Address	401 E Jackson ST
Property Type	SunTrust -Office Building
Sales Date	12/15/2011
Sales Amount	$82,500,000
Amount/Sq Ft	$140.33
Prior Sale Amount	$114,500,000
Prior Sales Date	09/17/07
Exterior Wall	Glass

Address	7911 W Hillsboroug AVE
Property Type	McDonald’s -Restaurant Building
Sales Date	12/19/2011
Sales Amount	$250,000
Amount/Sq Ft	$91.47
Prior Sale Amount	$35,300
Prior Sales Date	12/13/08
Exterior Wall	Brick

Address	7011 W Hillsboroug AVE
Property Type	Village Inn -Restaurant Building
Sales Date	09/30/2011
Sales Amount	$1,700,000
Amount/Sq Ft	$314.64
Prior Sale Amount	n/a
Prior Sales Date	Jun-78
Exterior Wall	Stucco

Address	401 N Dale Mabry HWY
Property Type	Giordano’s – Restaurant Building
Sales Date	12/01/2011
Sales Amount	$1,765,000
Amount/Sq Ft	$333.40 (Multiple Properties)
Prior Sale Amount	$1,871,400
Prior Sales Date	05/23/05
Exterior Wall	Brick

Address	612 S Dale Mabry HWY
Property Type	Florida Bank – Financial Building
Sales Date	10/13/2011
Sales Amount	$3,490,000
Amount/Sq Ft	$1,039.93
Prior Sale Amount	$2,970,000
Prior Sales Date	1/2/08
Exterior Wall	Stucco

Address	6502 N US Highway 301
Property Type	Waffle House – Restaurant Building
Sales Date	11/15/2011
Sales Amount	$286,700
Amount/Sq Ft	$181.92
Prior Sale Amount	$317,000
Prior Sales Date	Jul-86
Exterior Wall	Brick

Address	5603 E Hillsborough AVE
Property Type	Denny’s-Restaurant Building
Sales Date	10/17/2011
Sales Amount	$1,214,800
Amount/Sq Ft	$259.57
Prior Sale Amount	$814,700
Prior Sales Date	12/20/07
Exterior Wall	Brick

Address	1711 S Dale Mabry HWY
Property Type	Mao Wah-Store Building
Sales Date	11/23/2011
Sales Amount	$1,290,000
Amount/Sq Ft	$137.57
Prior Sale Amount	n/a
Prior Sales Date	Jan-90
Exterior Wall	Stucco

Address	1505 E Dr Martin Luther King Jr BLVD
Property Type	Family Dollar-Retail Trade
Sales Date	10/03/2011
Sales Amount	$1,897,000
Amount/Sq Ft	Multiple Parcels
Prior Sale Amount	$95,500
Prior Sales Date	12/14/10
Exterior Wall	Stucco

Address	1501 E Dr Martin Luther King Jr BLVD
Property Type	Family Dollar-Miscellaneous
Sales Date	10/03/2011
Sales Amount	$1,897,000
Amount/Sq Ft	Multiple Parcels
Prior Sale Amount	$437,500
Prior Sales Date	12/14/10
Exterior Wall	Stucco

May 2012
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Address	3905 N 15th ST
Property Type	Family Dollar-Store Building
Sales Date	10/03/2011
Sales Amount	$1,897,000
Amount/Sq Ft	Multiple Parcels
Prior Sale Amount	$275,000
Prior Sales Date	12/14/10
Exterior Wall	Concrete Block

Address	3901 E 15th ST
Property Type	Family Dollar-Commercial Lot
Sales Date	10/03/2011
Sales Amount	$1,897,000
Amount/Sq Ft	Multiple Parcels
Prior Sale Amount	$275,000
Prior Sales Date	12/14/10
Exterior Wall	Concrete Block

Address	5206 W Waters AVE
Property Type	Ferguson-Warehouse
Sales Date	12/19/2011
Sales Amount	$56,619,500
Amount/Sq Ft	Multiple Parcels
Prior Sale Amount	$2,807,500
Prior Sales Date	10/28/94
Exterior Wall	Precast Panel

Address	7905 Hopi PL
Property Type	Fergusion-Warehouse
Sales Date	12/19/2011
Sales Amount	$56,619,500
Amount/Sq Ft	Multiple Parcels
Prior Sale Amount	$2,023,142
Prior Sales Date	10/28/94
Exterior Wall	Concrete Block

Address	5001 Tampa West BLVD
Property Type	Ferguson-Warehouse
Sales Date	12/19/2011
Sales Amount	$56,619,500
Amount/Sq Ft	Multiple Parcels
Prior Sale Amount	$133,000
Prior Sales Date	10/28/94
Exterior Wall	Concrete Block

Address	5036 Tampa West BLVD
Property Type	Ferguson-Warehouse
Sales Date	12/19/2011
Sales Amount	$56,619,500
Amount/Sq Ft	Multiple Parcels
Prior Sale Amount	$110,000
Prior Sales Date	08/14/02
Exterior Wall	Concrete Block

Address	5028 Tampa West BLVD
Property Type	Ferguson-Service Station
Sales Date	12/19/2011
Sales Amount	$56,619,500
Amount/Sq Ft	Multiple Parcels
Prior Sale Amount	$1,300,000
Prior Sales Date	06/15/95
Exterior Wall	Concrete Block

Archive

Chicago group’s $4 million bid for Channelside complex rejected

Breakfast menus serve up potential business

Cutbacks? Stadium vs HART

Pinellas County tourism post highest-grossing month in it’s history

Family Dollar assemblage of 4 properties

EastGroup (NYSE – EGP) acquired 16 buildings with 1.14 million SqFt in Tampa for $56.6 million.Here are some examples:

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