Information Package E. Hillsborough Ave, Tampa, Florida 33610

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1 Information Package Bag mor: 74,117 Sqft Warehouse/Workshops plus 3,065 Sqft Office 5226 E. Hillsborough Ave, Tampa, Florida To schedule a tour or ask questions, please contact Logan Kearney at: (813)

2 Facility Highlights and Features The owner and Kearney Investments respectfully request that interested parties refrain from contacting any on-site personnel. All tours must be scheduled in advance by contacting us at (813) Property Highlights Excellent Tampa location situated only 5 minutes 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 package for allowable uses) Building Highlights Built in (per hcpafl.org) Heavily renovated in (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- 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 ceiling height Parcel Information Parcel ID: U M Folio #: History No Insurance claims in the past 5 years Previously had a railroad spur that was removed 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- Northeast View North View 1

3 Capital Expenditures South 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 Below is a select list of capital improvements made to the property. High Level: Approximately 52,765 sqft of new insulated roof was installed in 2008 Approximately 27,000 sqft was constructed in 2018 New firewall s and new electrical installed throughout the building Repaired metal beams, floor, plumbing, bathrooms, loading docks, etc... Installed asphalt parking lot throughout the property Repaired/replaced perimeter fencing & increased exterior lighting Select Detailed List: Ownership installed 3-Phase 1200 amp 240volt electrical throughout the building. Southwest view 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 entire property. Installed an asphalt parking lot after completing all other construction. Replaced the siding on the entire main building. 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 2

4 Demographics Demographics US Census 2010 Overview Comparison June 25, 2015 Analysis Site: 5226 E HILLSBOROUGH AVE, TAMPA, FL *Comparison reports are limited to first 10 geographies selected Basic Variables 1 Mile 3 Miles 5 Miles Population 4,417 76, ,651 Female Population 2,423 39, ,050 Female Percentage 54.8% 52.5% 50.8% Male Population 1,995 36, ,601 Male Percentage 45.2% 47.5% 49.2% Households 1,586 28,084 78,212 3

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7 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 Immediately - $4.45 NNN Warehouse 3: 22,500 Sqft - Available March 1, $4.95 NNN Warehouse 4: 5,280 Sqft - OCCUPIED Workshops 5: 5,500 Sqft - Available March 1, $5.95 NNN 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...). 6

8 T A M P A B A G M O R A T H I L L S B O R O U G H & 5 6 T H S T - Location 7